M&A Deal Summary |
|
|---|---|
| Date | 2021-07-21 |
| Target | Teaching Strategies |
| Sector | Education |
| Buyer(s) | KKR |
| Sellers(s) | Summit Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Robert W. Baird & Co., Inc. (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 510.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 385 of 429 |
| Sector (Education) | 9 of 10 |
| Type (Secondary Buyout) | 84 of 103 |
| State (Maryland) | 6 of 6 |
| Country (United States) | 166 of 189 |
| Year (2021) | 26 of 40 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-21 |
Sapphiros
Boston, Massachusetts, United States Sapphiros is a consumer diagnostic portfolio company that invests in growth-stage diagnostic companies, led by exceptional entrepreneurs, and empowers them with the full strength of the platform’s resources, capital, and expertise to accelerate and enhance growth and impact. Sapphiros was founded in 2021 and is based in Boston, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-22 |
Sol Systems
Washington, District of Columbia, United States Sol Systems combines renewable energy development, delivery, asset management, and environmental commodity management into one unique infrastructure and impact offering. The company's approach is specifically designed to enable customers to procure renewable energy and invest in sustainable infrastructure while creating dedicated income streams for under-resourced communities and communities disproportionately impacted by climate change. It enables many large institutional, corporate and municipal partners to invest in and procure renewable energy while making a positive community impact. Sol Systems was formed in 2008 and is based in Washington, DC. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 262 of 281 |
| Sector (Education) | 4 of 4 |
| Type (Secondary Buyout) | 50 of 56 |
| State (Maryland) | 3 of 3 |
| Country (United States) | 230 of 243 |
| Year (2021) | 13 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-14 |
LakePharma
San Carlos, California, United States LakePharma is a biologics company specializing in antibody engineering, antibody discovery, molecular engineering, protein chemistry, bioexpression, biofunction, bioprocessing, and bioanalytics. LakePharma focuses on integrated platforms to support projects throughout the drug discovery process. LakePharma was founded in 2009 and is based in San Carlos, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-29 |
Clarabridge
Reston, Virginia, United States Clarabridge is a provider of omnichannel conversational analytics. Clarabridge helps the world's leading brands take a data-driven, customer-focused approach to everything they do. Using AI-powered conversational analytics, Clarabridge's platform enables brands to extract actionable insights from every customer interaction to grow sales, ensure compliance, and increase operational efficiencies. Clarabridge was founded in 2006 and is based in Reston, Virginia. |
Sell | $1.1B |
