Smartshift Technologies, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
smartShift Technologies focuses on providing a smarter way to transform legacy SAP systems and run them efficiently in the cloud. The company specializes in upgrades to high-performance, next-generation computing environments, facilitating moves from on-premise to the cloud and transitioning from relational data to modern solutions. Product/Service Line Breakdown 1. SAP Transformation Services: - Legacy SAP System Transformation - Cloud Migration Services - Modernization of SAP Systems ABAP Code Automation: - Automation of ABAP Code Processes - Intelligent Code Transformation Legacy System Modernization: - Accelerating and De-risking Legacy System Modernization - SAP S/4HANA Migrations Cloud Computing Integration: - Transitioning from On-Premise to Cloud Environments - Cloud-Based Computing Solutions Intelligent Automation Solutions: - Leveraging Intelligent Automation for SAP Processes - De-risking and Accelerating Modernization
Keywords
Keywords
Classified
Private