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Add-on acquisition Closed Nov 2022

ServiceTrade references prior Asurio acquisition as part of platform build-out

Relationship map

Relationship map for ServiceTrade references prior Asurio acquisition as part of platform build-outparent ofServiceTrade: PlatformSEServiceTradeAsurio: Operating CompanyASAsurio
Operating CompanyPlatform

Parties

Acquirer
ServiceTrade
Platform
Target
Asurio
Operating Company

Market signals

Summary

ServiceTrade references its recent Asurio acquisition alongside the NorthBoundary deal as building a more complete software platform for commercial contractors' operations, indicating a serial software roll-up strategy.