M&A Deal Summary |
|
|---|---|
| Date | 2021-10-18 |
| Target | Sirius |
| Sector | Information Technology |
| Buyer(s) |
HarbourVest Partners
CDW |
| Sellers(s) | CD&R |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.5B USD |
| Advisor(s) | Debevoise & Plimpton (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 86.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 220 of 223 |
| Sector (Information Technology) | 25 of 25 |
| Type (Add-on Acquisition) | 9 of 10 |
| State (Texas) | 21 of 21 |
| Country (United States) | 131 of 133 |
| Year (2021) | 10 of 13 |
| Size (of disclosed) | 21 of 68 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-15 |
Fivestars
San Francisco, California, United States Fivestars is the largest local commerce network, driving over $3 billion of sales and 100 million transactions annually. Fivestars offer vertically integrated payments, loyalty, and a marketing automation platform that brings more customers to local businesses. Fivestars was founded in 2011 and is based in San Francisco, California. |
Buy | $317M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-25 |
Q4
Toronto, Ontario, Canada Q4 is a provider of cloud-based Investor Relations (IR) websites and apps on all screens - desktop, tablet and smartphones. Q4 was founded in 2005 and is based in Toronto, Ontario. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | E-Commerce |
| Employees | 11,400 |
| Revenue | 23.7B USD (2022) |
CDW is a direct marketer of multi-branded information technology products and services to small and medium sized businesses, government, healthcare and education customers in the United States and Canada. CDW was incorporated in 1984 and is based in Vernon Hills, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector (Information Technology) | 5 of 5 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (Texas) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2021) | 3 of 3 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-02 |
Focal Point
Tampa, Florida, United States Focal Point is a cybersecurity services firm working with key security technology providers to address customer priorities – including those in the most highly regulated and complex industries such as government, financial services, and healthcare. Focal Point was founded in 2005 and is based in Tampa, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 30.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Clayton, Dubilier & Rice LLC (CD&R) is a large private equity firm that targets non-core divestitures of large corporations, growth equity financings, traditional buyouts, and corporate/family partnerships. CD&R looks for opportunities in North America, Western Europe, and Asia and will consider businesses in a wide range of sectors including consumer/retail, healthcare, industrials, and services. Prospective companies generally lead their respective markets, have stable cash flows, and possess competitive advantages through differentiated products, services, or processes. CD&R was formed in 1978 and has offices in New York City and London.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 42 |
| Sector (Information Technology) | 1 of 1 |
| Type (Add-on Acquisition) | 14 of 14 |
| State (Texas) | 5 of 5 |
| Country (United States) | 32 of 32 |
| Year (2021) | 5 of 5 |
| Size (of disclosed) | 4 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-14 |
Core & Main
St. Louis, Missouri, United States Core & Main is a distributor of water, sewer, storm, fusible piping, and fire protection infrastructure products that serves the needs of both contractors and municipalities in all aspects of the water, wastewater, clean water, landfill, energy, and fire protection industries. Core & Main was founded in 1874 and is based in St. Louis, Missouri. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-19 |
Vialto Partners
London, United Kingdom Vialto Partners provides global mobility tax and immigration services business serves more than 3,000 multinational clients worldwide. The business helps organizations manage global talent mobility while providing personalized, high-quality tax and immigration services to cross-border employees, as they navigate compliance issues associated with global employment. Vialto Partners is based in London, United Kindom. |
Buy | - |
