M&A: A Springboard to Bigger Things 

Tech companies typically pursue M&A deals to stimulate growth. An M&A may give a selling company a needed infusion of cash; an innovative technology, product, or service that enhances their offerings; highly specialized talent; or a better way of getting what the company provides into the market. Those enhancements can turn a seller into a buyer of other companies. 

One example is Corum client Better Impact, a Canadian company that develops volunteer management, scheduling, and engagement software for the nonprofit sector. With Corum acting as its sell-side advisor, Better Impact was acquired in November 2024 by The Brydon Group, an investment firm that partners with executives to acquire and operate businesses in software and business-to-business, government, and healthcare services.

With its acquisition by The Brydon Group, Better Impact obtained the additional resources it needed to focus on growth. That focus recently spurred the company to acquire Galaxy Digital, whose Get Connected platform is used by thousands of nonprofits, corporations, and community organizations worldwide to recruit, schedule, track, and engage volunteers. 

The deal combines Better Impact’s volunteer management software with Galaxy Digital’s Get Connected platform to create what Better Impact’s CEO, Houston Goodwin, terms the "definitive technology platform for volunteer engagement." Goodwin adds, "We're building the platform that gives leaders of volunteers the tools and insights they need to unlock more funding, expand their strategy, and prove the impact of the work they deliver every day." 

With that definitive technology platform, Better Impact aims to elevate the role of volunteer professionals and improve the efficiency of nonprofits, healthcare organizations, and government entities.

Other M&A springboards

Better Impact’s acquisition of Galaxy Digital is only one example of an M&A serving as a springboard for an acquired company to become an acquirer. Here are some other examples of Corum clients who were acquired and then grew by acquiring other companies. 

Glider Technology, a U.K.-based company that develops digital information management software solutions that integrate processes for the construction and building management sectors, received a major investment from U.K.-based PE firm Cow Corner, which acquired a controlling interest in the company in March 2024. With the added funds from that investment, Glider made two strategic acquisitions. It acquired EDocuments, a provider of digital operation and maintenance (O&M) manuals, in September 2024, and Sitedesk, an innovative software company specializing in 3D visualization and asset management, in April 2025.

L2L, a provider of connected workforce solutions for manufacturing, was acquired in January 2021 by PE firm M33 Growth. The acquisition provided L2L with a growth investment that lead to it making a number of acquisitions. In June 2022, L2L acquired Acumine Technologies, an AI and IIoT solution provider with innovative industrial edge technology. And in September 2024, it acquired SwipeGuide B.V, a Dutch company specializing in frontline training solutions.

QSR International, a leading qualitative data analytics software company based in Australia entered a strategic partnership with PE firm Rubicon Technology Partners in July 2018, with Rubicon acquiring a majority stake in QSR. Rubicon's investment provided the capital QSR needed to accelerate its business in the commercial and public sectors. It also enabled QSR to subsequently acquire Planet Software, a leader in student placement technology, in February 2019.  

Working with Corum

There were various reasons for these Corum clients to partner with a buyer, such as enhancing their product portfolios, acquiring technology, and entering new markets. But one thing they all had in common was the need for additional liquidity so they could grow. Working with Corum, a company that offers a highly disciplined and structured M&A process, a team of M&A advisors with a wealth of M&A experience, and the largest buyer database in the industry, they were able to find the right partner to make that growth happen.