M&A Strategies In The Software Industry

I would like to thank Benchmark International for their persistence, and focus during this transaction. As is often the case, this transaction faced numerous challenges during each stage of the process. The Benchmark team remained focused, and leveraged their experience to maintain forward progress during difficult times of the process.

Benchmark International’s hands-on approach during all aspects of the transaction process was fundamental in our successful deal closing. Benchmark’s industry knowledge and relationships proved to be highly valuable as they assisted us in identifying a buyer that fits our innovative culture and provides Conarc with the resources necessary to continue the company’s trajectory of rapid growth.

We weren’t looking to sell our company or be acquired or partner with anybody. We had such a good business model and profit model that we felt like it was impossible for anybody to offer what would make sense for us… Benchmark International changed that equation. They knew the business and the process; things we would have never known. We probably would have left cards on the table if we didn’t have Benchmark in the process.

Thanks for all your excellent work and support in getting this deal done! It's been great working with the Benchmark [International] team!

This latest acquisition reaffirms our commitment to helping clients save time and reduce operating costs. Pruvan's technology and expertise will go a long way in allowing us to enhance our field management solutions.