Intuit Acquires Demandforce for $423,500,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=543b9210-6c43-42e1-a2cf-64c129c757ca&Preview=1 -
Date
4/27/2012 -
Company Name
Demandforce -
Mailing Address
22 4th St. 12th floor San Francisco, CA 94103 -
Company Description
Demandforce was founded in 2003 to deliver unparalleled value to service businesses with the initial focus on dental practices and automotive repair facilities. Demandforce founders have over a decade of experience developing and delivering Web-based applications that drive real, tangible business value. -
Website
http://www.demandforce.com -
Transaction Type
M&A -
Transaction Amount
$423,500,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
The cash transaction, valued at approximately $423.5 million, is expected to close in May 2012, subject to the expiration of applicable regulatory waiting periods and the satisfaction of other customary closing conditions.
