Tech M&A deals: Recur Software, FLAGS Software, eToro, TradeZero, OverDrive, divibib
Recur Software completed its acquisition of FLAGS Software, a 1989-founded quality and production-control platform provider. Terms were not disclosed; Recur plans AI upgrades and expansion. eToro agreed to buy TradeZero for up to $231M, including cash and up to 2.5M eToro Class A shares; TradeZero had about $80M revenue and 81% gross margin. OverDrive will acquire divibib.