M&A Deal Summary |
|
|---|---|
| Date | 2024-01-18 |
| Target | eloomi |
| Sector | Internet Software and Services |
| Buyer(s) | Ceridian |
| Sellers(s) |
Kennet Partners
Great Hill Partners |
| Deal Type | Add-on Acquisition |
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Ceridian is a global human capital management software company. Dayforce the flagship cloud HCM platform provides human resources, payroll, benefits, workforce management, and talent management functionality. Ceridian platform is used to optimize the management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Ceridian was incorporated in 2013 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 14 |
| Sector (Internet Software and Services) | 4 of 4 |
| Type (Add-on Acquisition) | 14 of 14 |
| Country (Denmark) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-06 |
ADAM HCM
Dallas, Texas, United States ADAM HCM is a provider of payroll and human capital management (HCM) software and outsourcing services in Latin America and the Caribbean. The company’s core platform is designed to serve the multinational HR, workforce management, and payroll needs of global enterprises. ADAM HCM was founded in 1983 and is based in Dallas, Texas. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 700M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Kennet Partners is a private investment firm that invests in fast-growing companies providing information technology products and technology-enabled services. Kennet typically commits $10 to $50 million of equity per transaction in companies with revenues up to $50 million. The Firm generally invests in businesses located in Western Europe and the US. In addition to providing growth capital, Kennet also finances private mergers, shareholder liquidity needs, corporate divestitures or spin-outs, and restructuring situations. Kennet Partners was formed in 1997 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 40 |
| Sector (Internet Software and Services) | 6 of 6 |
| Type (Add-on Acquisition) | 32 of 32 |
| Country (Denmark) | 1 of 1 |
| Year (2024) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-09 |
Mineral
Portland, Oregon, United States Mineral is a cloud-based platform for HR solutions company that provides expert HR-related advice and training to employers. Mineral was founded in 2005 and is based in Portland, Oregon. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 12.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Great Hill Partners is a private equity firm focused on growth equity and recapitalization investments in well established public and private companies valued put to $1 billion. Great Hill targets companies within consumer services, business services, financial technology, healthcare, internet, logistics, media, communications, technology services, software and transaction processing. The Firm invests in the range of $25 to $500 million per transaction. Great Hill prefers companies located in the US, but will also consider opportunities in Europe and Latin America. Great Hill Partners was formed in 1993 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 56 of 56 |
| Sector (Internet Software and Services) | 19 of 19 |
| Type (Add-on Acquisition) | 35 of 35 |
| Country (Denmark) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-06 |
Examity
Newton, Massachusetts, United States Examity is a provider of online proctoring and authentication solutions to higher education institutions, certification/ licensure bodies, corporations, and standardized testing organizations. Examity was founded in 2013 and is based in Newton, Massachusetts. |
Sell | - |
