Tech Company M&A Transactions
CombineNet Acquisition
CombineNet, based in Pittsburgh, was bought by SciQuest. The acquisition price was $43 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/4/2013
Transaction Type
M&A
Amount
$43,000,000
M&A Terms
SciQuest paid $26 million in cash and issued approximately 820,000 shares of its common stock.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
Fifteen 27th Street
Pittsburgh, PA 15222
USA
Pittsburgh, PA 15222
USA
Phone
Website
Email Address
Overview
CombineNet is the advanced sourcing technology company. CombineNet's optimization-driven solutions deliver the absolute best total cost of goods and services based on the buying organization's unique business needs while significantly increasing the speed and efficiency of the sourcing cycle.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Wilson
Chief Financial Officer
David Zynn
Chief Technical Officer
Steve Brooke
VP - Marketing
Jennifer Sikora
VP - Product Management
Alan Himler
VP - R & D
David Levine
VP - Sales
Michael Brak
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