Providence Strategic Growth - Exaktime

ExakTime provides innovative workforce management solutions for construction and field services companies and serves over 7,000 customers and 250,000 users daily. The company equips businesses with a GPS-enabled app for field-based time and activity tracking and compliance verification, plus cloud-based software and direct syncing with accounting and payroll programs. Providence Strategic Growth is the growth equity affiliate of Providence Equity Partners, a leading global equity firm with $50 billion in assets under management. Exaktime is joining a new platform company created by Providence Strategic Growth, Arcoro, Inc.

"We are grateful to Corum Group for the diligence, persistence, and insight they showed throughout the process, ensuring that we came together with the right partner."
- John O'Hara, 
ExakTime
Seller:
ExakTime
United States
Buyer:
Providence Strategic Growth
United States
Closed:
August 2018

quotesCorum not only helped me identify a variety of buyers for my technology, ranging from dot.com startups to established blue chip firms, but also provided invaluable counsel on the strengths and weaknesses of the various potential acquirers. Their experience in the Internet market helped me negotiate a very successful outcome.quotes

Derek Penn
Derivative Insights