Shortly after being acquired by Vista Equity Partners, Xactly has announced the acquisition of TTG Inc., provider of territory resource management software (TRM). TTG’s territory planning software will be incorporated into Xactly’s Sales Performance Management solution, creating an end-to-end solution where customers can optimize sales performance by analyzing and managing territories.
This acquisition is yet another example of how private equity is shaping the software M&A landscape. According to SEG’s 2Q17 SaaS M&A report, private equity backed strategic buyers, such as Xactly, accounted for 40% of all SaaS M&A transactions in Q2.
Seller Business Description:
TTG Inc. develops business mapping software for sales and marketing analysis, territory design, and optimization. HQ: Bedford, MA.
Buyer Business Description:
Xactly Corporation provides cloud-based incentive compensation solutions for employee and sales performance management. HQ: San Jose, CA. See Press Release.