Deal Details

Jolt Is Acquired by Digi

Technology & Services

Jolt, a portfolio company of Sorenson, acquired by Digi

Summary

Jolt Software, Inc. (“Jolt” or the “Company”), a portfolio company of Sorenson Capital ("Sorenson"), has been acquired by Digi International Inc. (“Digi”).

Baird served as the exclusive financial advisor to Jolt on this transaction.

About

Jolt Software is a leading provider of operations execution solutions purpose-built for deskless workforces across industries such as restaurant, grocery, c-store, retail and hospitality. Through its integrated platform, Jolt delivers comprehensive tools for task management, compliance & risk management and labor management, helping businesses streamline daily operations and drive brand consistency. Jolt’s solution suite addresses the unique challenges of blue-chip brands, including onboarding and training, task execution, employee turnover, rising labor costs, food safety regulations and employee engagement. Jolt enables organizations to achieve tangible ROI through improved operational consistency, enhanced product and service quality and elevated customer satisfaction.

Sorenson is a leading venture capital firm focused on investing in early and growth-stage AI, cybersecurity, B2B software and DevOps & infrastructure companies. Sorenson has over $1.6 billion in assets under management. The firm supports entrepreneurs through every stage of their journey to accelerate revenue growth and further their product leadership position. Sorenson’s investments in product leaders include Amplitude, BambooHR, Bridgecrew, Couchbase, Fastly, Harness and Socure. With offices in Palo Alto, CA and Lehi, UT, Sorenson is proud to partner with entrepreneurs from coast to canyon.

Digi has been a pioneer in wireless communication since 1985, developing M2M and IoT devices before the Internet of Things became mainstream. The firm has consistently adapted to evolving network standards and advanced protocols, offering a wide range of solutions from radio frequency modems and cellular routers to embedded system-on-modules (SOM) and single-board computers (SBCs), serving diverse IoT applications. Digi's current offerings include sensor-based technologies, a sophisticated remote monitoring platform for device deployments of any size, as well as professional design, implementation and certification teams to carry out clients’ visions, large or small.

Technology & Services

Jolt, a portfolio company of Sorenson, acquired by Digi