Highlighted Transactions

Technology

 

Avitru, LLC

Piper Sandler served as exclusive financial advisor to Avitru, LLC ("Avitru"), a portfolio company of Alpine Investors, LP, on sale to Deltek, Inc. Terms of the deal have not been disclosed.

Client Description

Avitru, headquartered in Atlanta, GA, is a developer of construction software products. The company helps architects, engineers, contractors and owners to make better, faster decisions. As the developer of MasterSpec®, the most trusted and comprehensive master guide specification system in the AECO industry, Avitru has leveraged its position in the market to launch a cloud-based software platform that enables the collaborative exchange of expert knowledge to design, build and operate a better built environment.

Counterparty Description

Deltek, headquartered in Herndon, VA, is a provider of enterprise applications software and services to project-focused organizations. The company's enterprise applications software and services are offered to government contractors, professional services firms and other project-based businesses, enabling their customers to streamline operations and deliver more profitable projects.


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