Investment Summary

TJC Invests In Simpleview

On May 16, 2018, private equity firm TJC invested in internet software and services company Simpleview from Ridgemont Equity Partners

Investment Highlights
  • This is TJC’s 1st transaction in the Internet Software and Services sector.
  • This is TJC’s 50th transaction in the United States.
  • This is TJC’s 1st transaction in Arizona.

Investment Summary
Date 2018-05-16
Target Simpleview
Sector Internet Software and Services
Investor(s) TJC
Sellers(s) Ridgemont Equity Partners
Deal Type Stake Purchase
Advisor(s) William Blair (Financial)

Target

Simpleview

Tucson, Arizona, United States
website
Simpleview provides destination marketing organizations (“DMOs”) and convention and visitors bureaus (“CVBs”) with mission-critical, subscription software-as-a-service (“SaaS”) products and solutions. Simpleview is the travel and tourism industry’s leading provider of customer relationship management, content management system, digital marketing, revenue generation and mobile technologies. Simpleview was formed in 1991 and is based in Tucson, Arizona.

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Investor(S) 1

Investor

TJC

New York, New York, United States

website

Category Private Equity Firm
Founded 1982
PE ASSETS 14.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.

DEAL STATS #
Overall 52 of 91
Sector (Internet Software and Services) 1 of 2
Type (Stake Purchase) 2 of 4
State (Arizona) 1 of 2
Country (United States) 50 of 88
Year (2018) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 Harvey Gulf

New Orleans, Louisiana, United States

Harvey Gulf is a marine transportation company that specializes in providing offshore supply and multi-purpose support vessels for deepwater oil & gas operations in the U.S. Gulf of Mexico. Harvey Gulf was formed in 1955 and is based in New Orleans, Louisiana.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-05 GlobalTranz

Scottsdale, Arizona, United States

GlobalTranz is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics, and expedited shipping services. GlobalTranz optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. Leveraging its extensive freight agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 25,000 shippers. In 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S. GlobalTranz was founded in 2003 and is based in Scottsdale, Arizona.

Buy -

Seller(S) 1

SELLER

Ridgemont Equity Partners

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1993
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Ridgemont Equity Partners is an independent private equity firm specializing in middle-market buy-outs, corporate divestitures, recapitalizations and growth capital investments. The Firm targets to invest in companies located in North America, preferably in US and Canada. REP looks to invest up to $250 million in companies with EBIDTA of $5 - $50 million. The Firm seeks to hold both majority and minority equity interest in portfolio companies. Specific areas of interest include basin industries and services, energy, healthcare, telecommunications, media and technology. Ridgemont Equity Partners is a spun-off of Banc of America Capital Investors (BACI). Ridgemont Equity Partners was formed in August 2010 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 77 of 90
Sector (Internet Software and Services) 2 of 2
Type (Stake Purchase) 1 of 1
State (Arizona) 2 of 2
Country (United States) 66 of 79
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Sunvera Group

Bingham Farms, Michigan, United States

Sunvera Group is a management services organization providing ophthalmology services across multiple subspecialties. Sunvera Group is based in Bingham Farms, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-22 Amerit Fleet Solutions

Walnut Creek, California, United States

Amerit Fleet Solutions provides repair and maintenance services for vehicle fleet owners and operators across North America, operating via a collection of mobile repair units, branch locations, and on-site customer locations. Amerit Fleet Solutions was founded in 2010 and is based in Walnut Creek, California.

Buy -
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