Tech Company M&A Transactions
SpringCM Acquisition
On 8/1/2018, SpringCM was acquired by DocuSign. Purchase price was estimated to be $220 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/1/2018
Transaction Type
M&A
Amount
$220,000,000
M&A Terms
With the addition of SpringCM's capabilities in document generation, redlining, advanced document management, and end-to-end agreement workflow, the deal further accelerates DocuSign's broadening of its solution beyond e-signature to the rest of the agreement process--from preparing to signing, acting-on, and managing agreements. Under the terms of the agreement, DocuSign will acquire SpringCM for approximately $220 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
180 North LaSalle St. 6th Floor
Chicago, IL 60601
USA
Chicago, IL 60601
USA
Phone
Website
Email Address
Overview
Our integrated subscription solution incorporates enterprise search, remote storage, collaboration and content distribution technologies completely on demand. SpringCM combines mature technologies with innovations from our R&D lab to offer applications designed to serve people, so that people don't end up serving the technology.
Management Team
Title
Name
Email & Social
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