An overview of our sell-side M&A services
Sopheon Acquires Alignent Software
Acquisition combines leading provider of advanced product and technology roadmapping software with international software and service company.
Dennis Clerke ,
CEO
SEG was perfect for us. Their deep knowledge of privately-held software companies, combined with their banking expertise, industry contacts and solid reputation was precisely what we needed. They guided us with wisdom and skill through the entire process to an outcome that achieved our goal."
- Dennis Clerke, Former CEO, Alignent Software
SEG served as exclusive advisor to Alignent Software
Client Description
The company
Alignent Software is the leading provider of advanced product and technology roadmapping software for complex global companies.
Buyer Description
The company
Sopheon is an international software and services company.
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PRESS RELEASE OVERVIEW
Software Equity Group’s Client Alignent Software Acquired by Sopheon
San Diego, CA, June 25, 2007 – Software Equity Group, LLC (SEG), a leading software industry investment bank and M&A advisory, announced today the sale of its client, Alignent Software, Inc., the leading provider of advanced product and technology roadmapping software for complex global companies, to Sopheon (Sopheon; LSE: SPE), an international software and services company. The reported purchase price consisted of total cash consideration of US$4.75m, with an additional earn-out of up to $750,000 linked to the achievement specific sales bookings objectives.
Alignent’s flagship offering Vision Strategist, is an ideal complement to Sopheon’s existing product innovation process and portfolio management system. Alignent reported audited revenues of $3 million and a $4.3 million net operating loss for the year ended December 31, 2006.