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ClockShark Announces Acquisition by simPRO

Summary

Vista Point Advisors is pleased to announce the acquisition of ClockShark, an end-to-end provider of time tracking and field service & construction management software, by simPRO. Vista Point Advisors acted as the exclusive financial advisor to ClockShark.

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About ClockShark

ClockShark is the leading time-tracking and scheduling software built for construction, field service and franchises that want a simpler way to track employee time for dispersed teams, run payroll quickly and accurately, and understand job costs. Over 8,000 customers have replaced the hassle of paper timesheets with software that makes it easier to manage their work, their teams, their time and their bottom line.

About simPRO

simPRO is a global SaaS business providing field service management solutions to trade and specialty contracting industries. With 200,000 users in Australia, New Zealand, the United States and the United Kingdom, their verticals broadly include security professionals, plumbers, electricians, HVAC, solar and data networking.

About Vista Point Advisors

Vista Point Advisors is a boutique investment bank that focuses on advising middle-market companies in the software, internet, and tech-enabled services industries. Our strategy is to partner with growing and profitable businesses that are interested in understanding their options in the marketplace. We focus exclusively on sell-side M&A and capital raising transactions. Vista Point Advisors is headquartered in San Francisco, California.

Modified on Nov 29, 2021