Shea & Company Advises Igloo Software on its Acquisition by Appspace
Igloo Software Company Profile
- Igloo Software provides a market-leading intranet and digital workplace platform, empowering organizations across various countries by connecting corporate and frontline workers to improve overall employee engagement
- Igloo Software offers innovative solutions like centralized communications, knowledge management, collaboration tools, mobile access and customization within its cloud-based platform
- Igloo Software focuses on customers of all sizes and caters to both desked and frontline markets, which allows it to serve a broad range of industries
- Igloo Software was founded in 2008 and is headquartered in Kitchener, Ontario, Canada
Appspace Company Profile
- Appspace is a workplace experience platform empowering the entire workforce within a single platform for employee communications, digital signage, space reservation and visitor management, among other capabilities
- Appspace boasts 170 Fortune 500 companies, representing a global community of users
- The company was founded in 2002 and is headquartered in Tampa Bay, FL, with multiple international offices
Accel-KKR Profile
- Accel-KKR (AKKR) is a US-based private equity firm focused on investing in mid-market
- AKKR historically has focused on both minority and majority investing in software and tech-enabled services firms to advance the journey of companies
- The firm was founded in 2000 and is headquartered in Menlo Park, CA
“
As organizations invest in more effective ways to engage employees, from corporate offices to the front lines, they are looking for seamless platforms that reflect how people actually work…This acquisition strengthens our ability to connect the dots across communication, content, and space, and it expands our ability to help organizations inform, support, and empower their team members in every environment
Tony DiBenedetto
CEO, Appspace
“
The future of workplace technology belongs to platforms that are flexible, unified, and designed to support real-world work across roles, teams, and locations…We’re building on our strong foundation of doing what’s best for Igloo customers and giving them more ways to connect their teams and modernize workplace communication through one unified platform
Mike Gaburo
CEO, Igloo Software
Transaction Notes
- Igloo Software’s acquisition by Appspace was announced on September 11, 2025; financial terms were not disclosed
- Shea & Company served as financial advisor to Igloo Software and Frontier Growth