M&A Deal Summary

One Equity Partners and LLR Partners Acquire Rizing

On January 24, 2018, private equity firms One Equity Partners and LLR Partners acquired information technology company Rizing from Bunker Hill Capital

Acquisition Highlights
  • This is One Equity Partners’ 13th and LLR Partners’ 15th transaction in the Information Technology sector.
  • This is One Equity Partners’ 42nd and LLR Partners’ 78th transaction in the United States.
  • This is One Equity Partners’ 2nd and LLR Partners’ 1st transaction in Connecticut.
Investment Fate
  • Rizing was sold to a publicly-traded strategic buyer in 2022.

M&A Deal Summary
Date 2018-01-24
Target Rizing
Sector Information Technology
Buyer(s) One Equity Partners
LLR Partners
Sellers(s) Bunker Hill Capital
Deal Type Secondary Buyout

Target

Rizing

Stamford, Connecticut, United States
website
Rizing is a global SAP consulting firm with the objective to empower businesses to unlock the intelligent enterprise with SAP cloud technologies, geospatial solutions, and proprietary, cutting-edge products to optimize and extend SAP such as Blueline, Lyra, Codex, Mercury, and Hydrogen. With real-life experience in business areas like enterprise asset management, human capital management, and consumer industries. Rizing is based in Stamford, Connecticut.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

One Equity Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2001
PE ASSETS 10.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

One Equity Partners (OEP) is a private equity firm that targets buyout and growth capital investments in North America, Europe, and Asia. OEP prefers to be the lead investor and typically commits $30 to $300 million per transaction. Sectors of interest include industrial products/services, consumer, retail, chemicals, media, communications, and healthcare. One Equity Partners was formed in 2001 and spun out of JP Morgan Chase in 2015. One Equity Partners is based in New York City.

DEAL STATS #
Overall 71 of 122
Sector (Information Technology) 13 of 25
Type (Secondary Buyout) 8 of 21
State (Connecticut) 2 of 3
Country (United States) 42 of 70
Year (2018) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 OneLink

Edificio Cocopat, Guatemala

OneLink is a provider of business process outsourcing (BPO) services. OneLink serves North and Latin American clients in the consumer, telecom, technology, and travel and leisure sectors from 12 state-of-the-art delivery centers in El Salvador, Nicaragua, Colombia, and Guatemala. The Company’s 8,000-plus employees provide an integrated portfolio of BPO services, including customer relationship management, sales, technical support, finance and accounting, logistics, supply chain, and other back-office services. OneLink based in Edificio Cocopat, Guatemala.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-31 MediaKind

Frisco, Texas, United States

MediaKind is a provider of media processing, delivery and TV service platforms to customer in cable, satellite, and telecom service providers, as well as major broadcasters. MediaKind is based in Frisco, Texas.

Buy -
Buyer

LLR Partners

Philadelphia, Pennsylvania, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1999
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $15 to $100 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 79 of 117
Sector (Information Technology) 15 of 26
Type (Secondary Buyout) 6 of 15
State (Connecticut) 1 of 1
Country (United States) 78 of 116
Year (2018) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-30 eLocal USA

Conshohocken, Pennsylvania, United States

eLocal USA LLC currently offers a performance-based advertising solution in over 75 consumer-facing verticals with a heavy emphasis on home services. By utilizing cutting edge technology and a robust network of publishers, eLocal reaches ready-to-buy consumers and intelligently routes over 3M calls and leads per year to its network of over 11.5K local, regional and national service providers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-21 Eye Health America

Alpharetta, Georgia, United States

Eye Health America is an eye care practice management company. Member practices are primarily located in the Southeastern U.S. and offer full-service eye care from routine eye exams, contact lenses and glasses to medical ophthalmology and surgery including cataract, cornea, retina, glaucoma, pediatrics and oculoplastics. Eye Health America was founded in 2018 and is based in Alpharetta, Georgia.

Buy -

Seller(S) 1

SELLER

Bunker Hill Capital

Wellesley, Massachusetts, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2003
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Bunker Hill Capital is a private equity firm that makes control investments in profitable, lower middle-market companies with EBITDA of $3 to $15 million. Bunker Hill looks for fundamentally sound businesses with defensible market positions, but at an 'inflection' point in its growth cycle. Sectors of interest include business services, industrial, retail, and consumer products and services. Bunker Hill Capital was formed in 2003 and is based in Wellesley, Massachusetts.

DEAL STATS #
Overall 5 of 7
Sector (Information Technology) 1 of 2
Type (Secondary Buyout) 4 of 5
State (Connecticut) 1 of 1
Country (United States) 5 of 7
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-20 Kingpin Tattoo Supply

St. Petersburg, Florida, United States

Kingpin Tattoo Supply, Inc. is a designer, manufacturer, and distributor of tattoo equipment and supplies. The Kingpin brand produces needles and tubes and distributes other tattoo supplies including inks, machines, medical supplies and body piercing accessories.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-12 ASPEQ Heating Group

St. Louis, Mississippi, United States

ASPEQ Heating Group is a provider of custom-configured electric heating and thermal management products to the industrial, commercial, military, marine, and transportation markets. ASPEQ serves a highly diversified customer base and provides over 30 distinct product categories, including immersion and circulation heaters, duct heaters, tubular elements, unit and comfort heaters, and explosion-proof heaters, among others, as well as integrated controls and spare parts. Products are marketed through a multi-channel approach under the longstanding and well-known INDEECO, Heatrex, AccuTherm, and Brasch brands. ASPEQ Heating Group was formed in 2008 and is based in St. Louis, Mississippi.

Sell -
Mergr

Product

Company

Legal