Crowe’s corporate finance team were delighted to have provided sell-side vendor due diligence services to SmartSimple as part of this merger.
SmartSimple Software is a global leader in SaaS and cloud-based automation and collaboration software, and provides innovative process solutions to over 500 international clients.
The company specialises in the administration and oversight of grants management between organisations operating across the US and EMEA regions.
With a workforce of more than 120 employees and a user base exceeding 1.7 million annually, SmartSimple Software continues to set industry standards. Recently, the business entered into a strategic merger with Foundant Technologies, a move expected to enhance both companies' strengths, resources, and expertise, offering unmatched solutions to the philanthropic and grants management communities.
Speaking on the transaction, Naoise Cosgrove added: "The TMT sector continues to be a key sector for M&A activity, both within Ireland and internationally. SaaS businesses in particular are attracting significant interest, driven primarily by the scalability of the business model and the recurring nature of the revenue base.
"We were delighted to support SmartSimple in this transaction. The pooled knowledge and experience that will be leveraged following their strategic merger will support future growth and development within the combined entity."
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