Tech Company M&A Transactions
Sageworks Acquisition
Operating out of Raleigh, Sageworks was acquired by Accel-KKR. Financial terms were not announced.
Transaction Overview
Company Name
Acquired By
Announced On
5/21/2018
Transaction Type
M&A
Amount
Unknown
M&A Terms
Accel-KKR acquired 100 percent of Sageworks, and made the deal about a month after buying a Maryland company called Salsa Labs that provides marketing software to nonprofit groups. As was the case there, terms of the purchase of Sageworks weren't disclosed.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
5565 Centerview Dr.
Raleigh, NC 27606
USA
Raleigh, NC 27606
USA
Phone
Website
Email Address
Overview
Sageworks was built upon and continues to be successful due to certain core principles, one of which is having a flat, organizational structure where each team member is empowered (and expected) to make decisions and therefore have a large-scale, positive impact on the company.
Management Team
Title
Name
Email & Social
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