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- Climb's M&A Weekly: Soutron, Precisely, and Banyan all feature
Climb's M&A Weekly: Soutron, Precisely, and Banyan all feature
Soutron Global purchases Auto-Graphics and Banyan Software makes a couple of purchases
Nick @ Climb
April 06, 2025
Welcome back to the Climb Advisors weekly newsletter with five deals from across the B2B tech landscape. Sentiment is strong in the M&A community, with many expecting 2025 to be a record year in terms of deal volume & aggregate value. Valuations are strong & buyers are eager to deploy capital.
Climb Advisors focuses on sell-side advisory for B2B Software and services companies generating $5m-$15m in revenue. We also advise on credit placements and non-dilutive capital solutions for companies of the same profile & in select cases engage in retained buy-side processes for quality buyers. We love to talk markets and connect dots - please don’t hesitate to reach out if you’re a founder or investor looking to transact.
Soutron Global completes take private of Auto-Graphics
Overview: Soutron Global, a SaaS provider of information management solutions for libraries and museums has completed the take private of Auto-Graphics, the largest provider of interlibrary loan (ILL) systems in North America. Auto-Graphics was founded in 1950 and its SaaS products are used in academia, K-12 schools, and libraries all over North America. This acquisition was backed by Bloom Equity Partners and Atlasview Equity Partners. Read more here.
Climb Comment: Bloom and Atlasview teamed up to acquire Soutron in 2022 with a clear plan to aggressively pursue strategic M&A. This transaction has a total value of $12 million representing $2.34 per share. This figure represents a 111% premium to the company’s closing price on March 27th and just shy of 2x on revenue. Library management is an interesting vertical because the clients tend to be super sticky but there’s little secular growth. Constellation has made plays in the space with acquisition of SirsiDynix in 2025 and BiblioCommons in 2020. Kudos to all involved!
Precisely, backed by a host of PE firms, acquires DTS Software
Overview: Backed by Insight Partners, Partners Group, Clearlake Capital, TA Associates, and Centerbridge Partners, Precisely has acquired DTS Software. Precisely is a data integrity provider and DTS is a mainframe storage software provider. For Precisely this is a step in expanding its mainframe optimization solutions and ensuring data integrity throughout an organization’s data journey. Read more here.
Climb Comment: In 2021, Clearlake Capital and TA Associates invested in Precisely looking to continue the company’s already successful M&A strategy. At the time of investment, the IDC projected that global spending on digital transformation would reach $2.3 trillion by 2023. Spending on digital transformation is rapidly growing, and this acquisition allows Precisely into the mainframe storage software space.
Banyan Software purchases Touchstream
Overview: Banyan Software, an acquirer of enterprise software businesses has acquired Touchstream, a company that provides solutions for over-the-top (OTT) live streaming. Touchstream’s software helps broadcasters and streaming platforms deliver high-quality live video. Touchstream was originally founded in Australia but now operates in Barcelona, Spain and can host more than 25,000 lifestreams at a time. Read more here.
Climb Comment: It has been a very active couple of months for Banyan, as the firm has made five acquisitions since February 19th. Touchstream has numerous very complex products with its core product being CDN Monitoring, an incident response solution. Touchstream also has a host of video and audio quality solutions of which we’re sure Banyan is very excited about. Banyan acquired a similar business, Viostream, in July - from Atlasview & Bloom. Small world 🙂
Banyan Software stays active and acquires a travel booking software company
Overview: Banyan Software, a holding company focused on acquiring enterprise software, has acquired Intuitive Systems. Intuitive Systems is a UK-based leisure travel booking software firm and was backed by NVM. Intuitive’s main product, iVector, allows people to manage booking efficiently. Read more here.
Climb Comment: As we said above, it’s been a busy 2025 for Banyan and here they are again. These two acquisitions show how Banyan is looking at the entire scope of the SaaS landscape. Intuitive Systems has a flagship solution, iVector, that supports travel agents and is scalable. Intuitive can be used by anyone in the travel industry as an end-to-end solution to streamline the behind-the-scenes work of travel arrangement.
Simply.TV makes acquisition and also receives growth investment
Overview: Simply.TV, a video metadata provider has acquired Red Bee Media’s Content Discovery Business. The company also received a growth investment from Summit Partners, which is the company’s first institutional funding. The company was founded 6 years ago and provides metadata solutions to streaming services and smart TVs, to name a few, with the goal of connecting the user with the content they consume. Read more here.
Climb Comment: Summit Partners has had a busy start to 2025 and is confident that Simply.TV can capitalize on this secular growth due to the advanced technology it employs. Simply.TV is trying to grow its audience as Red Bee’s Discover suite of solutions uses metadata to try to make content reach as wide of an audience as possible through personalization.
Article of the week
Market carnage was obviously the big news this week. As always, we turn to Buffett - striking how relevant his commentary on BRK partnership activities in 1957-1960 is to volatility today coming off the back of a period of exuberance. Markets will continue to be a (mostly) efficient weighing machine over the long term - stay positive, be on the lookout for bargains, and if you’re watching any basketball this week -- Go Gators!
Thanks for following along & hope you found something useful or interesting. Please don’t hesitate to reach out if you’re considering a sale this year - we’re always glad to chat & share perspective.
All the best,
Nick