///FOG Software Group Acquires Shoplogix

FOG Software Group Acquires Shoplogix

By |2018-05-08T13:43:46+00:00March 23rd, 2017|M&A News|

March 2nd, 2017. Shoplogix acquired by FOG Software Group, a division of Vela Software and Toronto-based Constellation Software, Inc. (TSX: CSU).  Founded in 2002, Oakville-based Shoplogix specialized in enterprise manufacturing intelligence (EMI) applications, providing companies with real-time visibility into their machine and production performance. the company completed an undisclosed financing round with Edgestone Capital Partners in May 2005 and a $7 million Series B round with Relay Ventures and Edgestone.  The value of the transaction was not disclosed.
Source: Shoplogix

Transaction Details:

Date of Announcement3/2/2017
HeadlineFOG Software Group acquires Shoplogix
SectorInformation Technology, Information Services, Software
Company AcquiredShoplogix
Company LocationMississauga, Ontario
Private/PublicPrivate
Transaction Amount (reported)N/A
Founded2002
Employees51-100
Amount Invested$7M2 Rounds2 Investors
Key InvestorsEdgeStone Capital Partners, Relay Ventures
AcquirerFOG Software Group
Acquirer LocationToronto, Ontario
Private/PublicPrivate
Founded1999
Employees51-100
Capital Raised to dateN/A
Key InvestorsFOG Software Group is a division of Vela Software and Constellation Software, Inc. (TSX:CSU)
CommentFollowing the acquisition, Shoplogix is being operated as an independent division of FOG Software.
Press ReleaseShoplogix
Sourcecrunchbase
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