Investment Summary

Great Hill Partners Invests In Auvik

On July 15, 2021, private equity firm Great Hill Partners invested in internet software and services company Auvik

Investment Highlights
  • This is Great Hill Partners’ 28th transaction in the Internet Software and Services sector.
  • This is Great Hill Partners’ 4th transaction in Canada.
  • This is Great Hill Partners’ 3rd transaction in Ontario.

Investment Summary
Date 2021-07-15
Target Auvik
Sector Internet Software and Services
Investor(s) Great Hill Partners
Deal Type Growth Capital
Advisor(s) AQ Technology Partners LLC (Financial)
Dentons (Legal)

Target

Auvik

Waterloo, Ontario, Canada
website
Auvik is a cloud-based software that simplifies and automates network monitoring and management for IT managed service providers. Auvik was founded in 2011 and is based in Waterloo, Ontario.

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Investor(S) 1

Investor

Great Hill Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1993
PE ASSETS 12.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 88 of 91
Sector (Internet Software and Services) 28 of 30
Type (Growth Capital) 29 of 30
State (Ontario) 3 of 3
Country (Canada) 4 of 4
Year (2021) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Reward Gateway

London, United Kingdom

Reward Gateway offers a leading SaaS employee engagement platform that centralizes employee reward and recognition, discounts, communications, surveys, wellbeing, and flexible benefits. Its strategic products support companies with today’s most difficult people challenges, such as the digitization of the workplace, attracting and retaining talent, aligning and supporting remote workforces, and handling complex cultural issues. Reward Gateway was formed in 2006 and is based in London.

Sell £1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 PartsSource

Aurora, Ohio, United States

PartsSource is a provider of proprietary software solutions related to the acquisition and life cycle management of medical repair parts. PartsSource has been recognized by clinical engineers and healthcare executives alike for its unique ePartsFinder application for its ability to increase department efficiencies while reducing costs through its award-winning SmartPrice technology. PartsSource was founded in 2001 and is based in Aurora, Ohio.

Sell -
Mergr

Product

Company

Legal