Eden Capital, a private equity firm focused on software and technology companies, has acquired Tour de Force Inc.. The transaction was completed on October 11, 2018.

AcquirerEden Capital (US)
TargetTour de Force Inc. (US)
ValueUndisclosed
TypeAcquisition
Closing DateOctober 11, 2018
AdvisorsSell-side: Not disclosed; Buy-side: Perkins Coie (Legal)

The deal aims to bolster Eden Capital's sales force automation platform by integrating Tour de Force Inc.'s CRM and BI software solutions.

Deal Mechanics

Eden Capital, a private equity firm based in the United States with a focus on software companies, has completed its acquisition of US-based software company Tour de Force Inc. The transaction was finalized on October 11, 2018.

Strategic Rationale

The rationale behind the deal is to enhance Eden Capital's existing sales force automation platform by incorporating Tour de Force's CRM and BI solutions, which will help in achieving greater operational efficiency and customer engagement for its clients. This strategic move positions Eden Capital as a more competitive player in the technology sector.

Financial Context

The financial details of the transaction are not publicly disclosed. No information has been shared regarding purchase price, key terms, or financial considerations surrounding the deal.

Advisors

Perkins Coie acted as legal advisor to Eden Capital on this acquisition. Sell-side advisors and legal counsel for Tour de Force Inc. were not disclosed.

Outlook

This acquisition marks a significant step forward in Eden Capital's strategic expansion plans, aiming to leverage Tour de Force’s technology capabilities to drive growth and innovation within the sales automation space.