AUSTIN, Texas, December 15, 2011 – Legiant, a software company based in Austin, Texas, has been acquired by Asure Software, Inc. (NasdaqCM:ASUR). Legiant sells time and attendance solutions that deliver improvements in workforce productivity through a software-as-a-service (SaaS) platform. Lawrence (Larry) Schumann, with Corporate Investment, advised the seller and facilitated the transaction.
Asure Software, headquartered in Austin, Texas, offers intuitive and innovative technologies that enable companies of all sizes and complexities to operate more efficiently. The company ensures a high-performing work environment by integrating its "keep it simple" solutions and expertise to more than 3,500 clients worldwide. Asure Software's suite of solutions range from time and attendance workforce management solutions to asset optimization and meeting room management.
“Legiant is a great fit with Asure’s cloud growth strategy,” Larry Schumann, Managing Director of Corporate Investment, stated. “There are many synergies that Asure should benefit from with this acquisition. Our firm was pleased to represent Legiant in this transaction.”
About Corporate Investment
Corporate Investment is a financial advisory firm specializing in business sales, mergers and acquisitions. Founded in 1984 in Austin, Texas, Corporate Investment works primarily with the owners of middle-market businesses in a variety of industries, and their potential acquisition or merger partners.
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