M&A Deal Summary |
|
|---|---|
| Date | 2024-04-02 |
| Target | Avetta |
| Sector | Internet Software and Services |
| Buyer(s) | EQT |
| Sellers(s) |
Welsh Carson Anderson & Stowe
TCV Long Ridge Equity Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Goldman Sachs (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 50.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 285 of 287 |
| Sector (Internet Software and Services) | 18 of 18 |
| Type (Secondary Buyout) | 87 of 89 |
| State (Utah) | 2 of 2 |
| Country (United States) | 52 of 52 |
| Year (2024) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-14 |
Ottobock
Duderstadt, Germany Ottobock develops medical technology products and fitting concepts for people with limited mobility in the fields of Prosthetics, Orthotics, Human Mobility (wheelchairs, rehabilitation devices), and medical care. Ottobock was founded in 1919 and is based in Duderstadt, Germany. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-04 |
Groupe OCEA
Courbevoie, France Groupe OCEA is a provider of smart water and heat metering infrastructure. Groupe OCEA is based in Courbevoie, France. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1979 |
| PE ASSETS | 27.0B USD |
| Size | Mega |
| Type | Sector Focused |
Welsh Carson Anderson & Stowe (WCAS) is a mega-sized, specialist private equity firm focused on investments in growth-oriented companies operating within the healthcare and technology/tech-enabled services industries. WCAS will consider small and large transactions; including venture investments, growth equity investments, buy-and-build transactions, public-to-private acquisitions, and corporate carve-outs. The Firm prefers control situations and generally seeks opportunities in the US. Welsh Carson Anderson & Stowe was formed in 1979 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 73 of 73 |
| Sector (Internet Software and Services) | 3 of 3 |
| Type (Secondary Buyout) | 15 of 15 |
| State (Utah) | 1 of 1 |
| Country (United States) | 70 of 70 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-07 |
EquiLend
New York, New York, United States EquiLend is a provider of trading and post-trade services for the securities finance industry with offices in New York, London, Hong Kong and Toronto. EquiLend is backed by 10 global financial institutions: BlackRock, Credit Suisse, Goldman Sachs, J.P. Morgan Clearing, J.P. Morgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Northern Trust, State Street and UBS. EquiLend is based in New York City. |
Buy | $800M |
Technology Crossover Ventures (TCV) is a private equity and venture capital firm focused on investments in growth technology companies. TCV looks to provide capital for growth, recapitalizations, acquisitions, and buyouts of technology companies in sectors such as internet, financial technology, infrastructure & communications, and software. TCV targets opportunities in North America and looks to commit between $30 and $300 million of equity capital per transaction. TCV was formed in 1995 and is based in Palo Alto, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 83 of 83 |
| Sector (Internet Software and Services) | 21 of 21 |
| Type (Secondary Buyout) | 7 of 7 |
| State (Utah) | 2 of 2 |
| Country (United States) | 73 of 73 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-26 |
FinancialForce
San Jose, California, United States Certinia is a cloud ERP and PSA provider. FinancialForce offers customer-centric business applications on the leading cloud platform from Salesforce. Certinia was founded in 2009 and is based in San Jose, California. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 900M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Long Ridge Equity Partners is a private investment firm focused on the financial services sector. The Firm seeks growth capital and special situation investments. Specific areas of interest include financial technology, specialty finance, securities and trading, asset management, payments, and exchanges. Long Ridge was formed in 2007 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 10 |
| Sector (Internet Software and Services) | 1 of 1 |
| Type (Secondary Buyout) | 2 of 2 |
| State (Utah) | 2 of 2 |
| Country (United States) | 10 of 10 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-14 |
Ametros Financial
Burlington, Massachusetts, United States Ametros Financial offers a broad set of financial and medical management tools and technology, including medical administration reporting, automated payment technology, and access to significant healthcare discounts for pharmaceuticals, provider visits, and medical equipment. Ametros Financial was founded in 2010 and is based in Burlington, Massachusetts. |
Sell | $350M |
