Track record · Completed transactions

See your exit in the deals that came before it.

Sell-side software transactions completed across twelve countries since 2021. Every mandate on this page closed; the founders behind them tell the story in their own words, and we connect serious sellers directly with past clients.

$50M+

Closed software deals

Sell-side transactions completed since 2021

Countries

Every marker on our deal map is a real counterparty

80%

Closed cross-border

We find the best buyer globally, not just the nearest one

01Announced transactions

Publicly announced, on the record

Buyer, seller, and outcome disclosed with the parties' consent.

2026 · Sell-side M&A Latest transaction

Dondy

has been acquired by

Circeus, the AI-native technology holding formerly known as Shop Circle, acquired Dondy, the #1-ranked WhatsApp app on the Shopify App Store: a conversational commerce platform trusted by 70,000+ businesses and facilitating over $100M in orders per year.

WhatsApp app on the Shopify App Store

70,000+

businesses on the platform

$100M+

orders facilitated per year

Seller · Israel →

Buyer · United Kingdom

Array Capital acted as Dondy’s sole M&A advisor: materials, buyer sourcing, and process management end to end. The full deal story →

[a]

Repeat buyer · the group’s second acquisition from an Array Capital process

Tamir Or, Or Schreiber & Inbal Katz Or · Co-founders, Dondy

2024 · Sell-side M&A

has been acquired by

Shop Circle

Shop Circle, the London-based operator of e-commerce software brands, acquired 506 Holdings, a UK-based e-commerce app developer, to expand its suite of merchant tools.

12,000+

clients worldwide

1st

of two acquisitions by the group from Array processes

Seller · United Kingdom →

Buyer · United Kingdom

Anthony Locke & Alex Locke · Co-founders, 506

Array Capital acted as 506’s exclusive M&A advisor. The full deal story →

[a]

2025 · Sell-side M&A

Back in Stock

has been acquired by

AMP

AMP, a Singapore-incorporated e-commerce growth platform with Australian roots, focused on AI-powered solutions, acquired Back in Stock, the leading Shopify demand-capture app, from SureSwift Capital, a Canadian software private equity firm.

$1.6B+

recovered revenue generated for merchants

25,000

e-commerce merchants served

Seller · Canada →

Buyer · Singapore

Patrick Barnes · CEO, AMP (buyer)

Array Capital acted as Back in Stock’s exclusive sell-side advisor. The full deal story →

[a]

2026 · Sell-side M&A

Fileflare

has been acquired by

Kestrel

Kestrel, a US-based software group acquiring and operating e-commerce applications, acquired Fileflare, the leading digital downloads app for Shopify, based on the Isle of Man.

Seller · Isle of Man →

Buyer · United States

Will Sutton · Founder, Fileflare

Array Capital acted as Fileflare’s exclusive sell-side advisor. The full deal story →

[a]

2024 · Sell-side M&A

has been acquired by

Evermore Ventures

Evermore Ventures, a U.S.-based firm specializing in acquiring founder-led software companies, acquired Scaura, the Dutch sales enablement platform for enterprise customers.

Seller · Netherlands →

Buyer · United States

Martijn van Dort · Co-founder & CEO, Scaura

Array Capital acted as Scaura’s exclusive M&A advisor.

[a]

2023 · Sell-side M&A

Complianz

has been acquired by

team.blue

team.blue, the European digital enabler serving 3.3 million SMB customers across 23 countries, acquired GDPR Legal Cookie, beeclever’s cookie-consent app for Shopify, built in Koblenz, Germany, and relaunched it as Complianz, the group’s compliance brand.

Seller · Germany →

Buyer · Belgium

Marco Pusceddu · Co-founder, beeclever

Array Capital acted as beeclever’s exclusive sell-side advisor. The full deal story →

[a]

2022 · Sell-side M&A

has been acquired by

Staytuned

SaaS company Staytuned, based in New York, acquired Tabarnapp, the Montreal-based developer of Shopify apps. The process drew three offers inside its first two months and ended in a bidding war, covered independently by They Got Acquired.

offers inside the first two months

months from mandate to closing

Seller · Canada →

Buyer · United States

Derek Morin · Co-founder, Tabarnapp

Array Capital acted as Tabarnapp’s exclusive sell-side advisor. The full deal story →

[a]

02Buyers undisclosed

Closed quietly, at the parties' request

Confidentiality is part of the product: these mandates completed without a public announcement. The founders behind them speak for the outcomes in their own words.

Shopify app · A/B shipping tests · 2023

ShipScout

acquired · buyer undisclosed