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The Antares Vision Group Expands Its Software Capabilities Through The Acquisition of rfXcel Corporation

The Antares Vision Group Expands Its Software Capabilities Through The Acquisition of rfXcel Corporation
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The Antares Vision Group Expands Its Software Capabilities Through The Acquisition of rfXcel Corporation

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Feb 18th, 2021
Antares Vision, a leading global provider of intelligent Track & Trace, Inspection and Smart Data Management solutions for the Life Science and Food & Beverage sectors, today announced entering into an agreement for the acquisition of rfXcel Corporation (“rfXcel”), a leading US-based Software-as-a-Service (“SaaS”) company, serving the Life Science and Food & Beverage sectors, for an upfront consideration of $120 million on a debt free and cash free basis.
Key Highlights of the Acquisition
rfXcel’s AI-enabled SaaS platform more than doubles Antares Vision Group’s software business and adds high share of contracted, recurring and scalable revenues ....

United States , United Kingdom , San Francisco , Glenn Abood , Jack Tarkoff , Emidio Zorzella , Kayne Partners Fund , Hexcel Corporation , Antares Vision Inc , Antares Vision Acquisition Corporation , Antares Vision Group , Antares Vision Group Track Trace , Antares Vision , Smart Data Management , Life Science , North America , Vision Group , Free Cash Flow , Anderson Capital Advisors , Saas Based Track , Smart Data , Related Parties , Related Parties Transactions , Regolamento Emittenti , Russian Antitrust , Federal Antimonopoly Service ,