M&A Deal Summary |
|
|---|---|
| Date | 2018-11-28 |
| Target | Plusgrade |
| Sector | Business Services |
| Buyer(s) |
CDPQ
Novacap General Atlantic |
| Sellers(s) | TA Associates |
| Deal Type | Secondary Buyout |
| Advisor(s) | Morgan Stanley (Financial) Davies Ward Phillips & Vineberg LLP (Legal) |
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CDPQ is a global asset management firm focused on a variety of investing strategies including fixed income, real estate, infrastructure, private equity, venture capital, and public equities. Within private equity, CDPQ looks to acquire significant minority stakes in businesses operating in a variety of sectors and seeks to commit $250 million to $1 billion per transaction. CDPQ was established in 1965 and is headquartered in Montreal, Quebec.
| DEAL STATS | # |
|---|---|
| Overall | 56 of 98 |
| Sector (Business Services) | 5 of 8 |
| Type (Secondary Buyout) | 15 of 19 |
| State (Quebec) | 25 of 42 |
| Country (Canada) | 27 of 45 |
| Year (2018) | 13 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-07 |
KDC/ONE
Longueuil, Quebec, Canada KDC/ONE is a custom innovator, formulator and manufacturer serving the prestige beauty, personal care, and household sectors. KDC/ONE was established in 2002 and is based in Longueuil, Quebec. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-01 |
PharmEasy
Mumbai, India PharmEasy is - Pharmacy made Easy. PharmEasy help patients connect with local pharmacy stores and diagnostic centres in order to fulfil their extensive medical needs. PharmEasy was founded in 2015 and is based in Mumbai, India. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 8.0B CAD |
| Size | Mega |
| Type | Sector Agnostic |
Novacap is a large private equity firm focused on middle-market company acquisitions in Canada. Novacap pursues companies with $30 to $500 million in sales and will consider transactions valued up to $500 million. Target transaction situations include partial or full buyouts, spin-offs, take privates, recapitalizations, and growth capital financings. Novacap will consider opportunities in basic industries as well as high-growth tech sectors. Novacap was formed in 1981 and has offices in Toronto and Montreal.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 59 |
| Sector (Business Services) | 1 of 2 |
| Type (Secondary Buyout) | 5 of 8 |
| State (Quebec) | 23 of 31 |
| Country (Canada) | 27 of 40 |
| Year (2018) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-07 |
KDC/ONE
Longueuil, Quebec, Canada KDC/ONE is a custom innovator, formulator and manufacturer serving the prestige beauty, personal care, and household sectors. KDC/ONE was established in 2002 and is based in Longueuil, Quebec. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-20 |
Onstream Pipeline Inspection
Calgary, Alberta, Canada Onstream Pipeline Inspection provides pipeline inspection results to oil & gas producers and pipeline operators working in the North American marketplace, with a focus on continual technological and software advancement. Onstream Pipeline Inspection was founded in 2005 and is based in Calgary, Alberta. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 73.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 207 of 340 |
| Sector (Business Services) | 21 of 24 |
| Type (Secondary Buyout) | 19 of 25 |
| State (Quebec) | 1 of 1 |
| Country (Canada) | 5 of 5 |
| Year (2018) | 25 of 26 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-27 |
QuintoAndar
Sao Paulo, Brazil QuintoAndar platform offers a straightforward, simple and efficient experience for landlords and tenants to enter into long-term residential rentals in Brazil. It allows tenants to browse high quality listings, book visits and close the deal effortlessly, doing away with red-tape. Transactions closed on the platform come with rental insurance and QuintoAndar processes all recurring payments. QuintoAndar was founded in 2013 and is based in Sao Paulo, Brazil. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-01 |
Zongteng
Fuzhou, China Zongteng is a cross-border logistics service provider for E-commerce sellers in China. It offers end-to-end cross-border logistics and overseas warehousing services. It also operates an export e-commerce business focusing on categories such as auto parts and household products. Zongteng was founded in 2007 and is based in Fuzhou, China. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1968 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 214 of 252 |
| Sector (Business Services) | 10 of 12 |
| Type (Secondary Buyout) | 35 of 47 |
| State (Quebec) | 2 of 2 |
| Country (Canada) | 5 of 5 |
| Year (2018) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-15 |
iCIMS
Holmdel, New Jersey, United States iCIMS is a provider of cloud-based talent acquisition software to enable enterprises to attract, engage, hire and advance the best talent to build a diverse, winning workforce. iCIMS was formed in 1999 and is based in Holmdel, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-10 |
Cast & Crew
Burbank, California, United States Cast & Crew is a provider of software and services to the entertainment production industry. Cast & Crew's software products and services assist in the areas of payroll & human resources, accounting & financial, and workflow & productivity. Cast & Crew was founded in 1976 and is based in Burbank, California. |
Buy | - |
