Investment Summary

Silver Lake Invests In EverCommerce

On July 23, 2019, private equity firm Silver Lake invested in information technology company EverCommerce

Investment Highlights
  • This is Silver Lake’s 14th transaction in the Information Technology sector.
  • This is Silver Lake’s 69th transaction in the United States.
  • This is Silver Lake’s 2nd transaction in Colorado.

Investment Summary

Date 2019-07-23
Target EverCommerce
Sector Information Technology
Investor(s) Silver Lake
Deal Type Growth Capital
Advisor(s) Goldman Sachs (Financial)
Weil Gotshal & Manges LLP
GreenbergTraurig (Legal)

Target

EverCommerce

Denver, Colorado, United States
website
EverCommerce is a service commerce platform, connecting best-of-breed marketing, business management, and customer retention technology solutions for more than 200,000 service sector organizations across the globe. EverCommerce provides comprehensive solutions for businesses in the high-growth Home & Field Service, Health Service, and Fitness & Wellness industries. EverCommerce was founded in 2016 and is based in Denver, Colorado.

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Investor(S) 1

Investor

Silver Lake

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 102.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.


DEAL STATS #
Overall 96 of 126
Sector (Information Technology) 14 of 17
Type (Growth Capital) 26 of 32
State (Colorado) 2 of 2
Country (United States) 69 of 86
Year (2019) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-08 IVC Evidensia

Bristol , United Kingdom

IVC Evidensia is a diversified vet services platform in Europe with more than 1,500 clinics and hospitals across 12 countries. IVC employs approximately 22,000 people, including over 6000 veterinarians. IVC Evidensia was founded in 2011 and is based in Bristol, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-28 Integrity Marketing Group

Dallas, Texas, United States

Integrity Marketing Group is a distributor of life and health insurance products focused on serving the senior market. Integrity Marketing Group was founded in 2006 and headquartered in Dallas, Texas.

Buy -