WALTHAM, MA — (Marketwired) — 04/27/15 — , the leader in , announced today that it has received the award for delivering an innovative solution that helps companies automate the complex M&A process.
The award recognizes the innovations and technologies of Europe–s leading new private companies and has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring–s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“We are honored to be selected by Red Herring as a company that is changing the way M&A is managed,” said Kaija Katariina Erkkilä, Midaxo CEO. “Midaxo–s first-of-its-kind solution reduces the complexities and risks of M&As while increasing transparency. We are excited that leading companies have selected Midaxo to help drive a disciplined M&A process across the entire transaction lifecycle, from deal sourcing and due diligence to integration.”
“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Midaxo demonstrates the vision, drive and innovation that define a Red Herring Top 100.”
Red Herring–s editorial staff evaluated the finalists on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to discover the most promising new business models in Europe.
Midaxo recently and established a North American subsidiary to address the growing need to systematize the M&A process. Also, the company recently announced that it had .
Midaxo is a global provider of an award-winning cloud-based platform that helps companies easily systematize and run their M&A and other complex management processes. Easy-to-use and highly configurable, Midaxo enables M&A professionals to manage their activities from deal sourcing through valuation, transaction, and integration. With Midaxo, some of the world–s largest companies, including HP, Supreme Group, and Danfoss, enjoy complete visibility and control over their critical M&A activities — and can make well-informed decisions, avoid risks, and more quickly capture merger synergies. The company–s North American business, Midaxo, Inc., is located in Waltham, Mass.
More information can be found at
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Company contact:
Ana Hasbun
Marketing Manager
Midaxo
+1 646-583-1577 (US)
+358 442 713 327 (EMEA)
Media contacts:
Diane Pardes
Pardes Communications, LLC
781-652-8059
Linda Pendergast-Savage
Pardes Communications, LLC
508-224-7905
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