M&A Deal Summary

Waud Capital Partners Acquires SphereCommerce

On August 1, 2017, private equity firm Waud Capital Partners acquired information technology company SphereCommerce

Acquisition Highlights
  • This is Waud Capital Partners’ 5th transaction in the Information Technology sector.
  • This is Waud Capital Partners’ 30th transaction in the United States.
  • This is Waud Capital Partners’ 3rd transaction in Tennessee.

M&A Deal Summary
Date 2017-08-01
Target SphereCommerce
Sector Information Technology
Buyer(s) Waud Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

SphereCommerce

Nashville, Tennessee, United States
website
SphereCommerce is a provider of software and financial technology company providing integrated solutions that reduce friction and facilitate better and more secure commercial interactions with customers in primarily healthcare and non-profit. SphereCommerce was founded in 2017 and is based in Nashville, Tennessee.

Search 193,103 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) 1

Buyer

Waud Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1993
PE ASSETS 3.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Waud Capital Partners is a private equity firm that pursues investments in mid-sized manufacturing, distribution and service companies. Waud looks for businesses with proven management, operating in well defined markets, and that demonstrate strong growth potential. The Firm typically invests $50 to $200 million. Specific areas of interest include adhesives, air/water treatment, alarm monitoring, auto components, coatings, consumer products, home healthcare services, hospitals, lighting, litigation support, medical distribution, petroleum distribution, pharmaceuticals, publishing, sealants, specialty hospitals, and tax consultants. Prospective transaction situations include buyouts, recapitalizations and industry consolidations. Waud Capital Partners was established in 1993 and is based in Chicago, Illinois.

DEAL STATS #
Overall 31 of 46
Sector (Information Technology) 5 of 6
Type (Buyout (LBO, MBO, MBI)) 23 of 26
State (Tennessee) 3 of 3
Country (United States) 30 of 45
Year (2017) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 ChiroTouch

San Diego, California, United States

ChiroTouch is a provider of chiropractic software technology solutions, including ChiroTouch Complete Practice Software and SmartCloud Chiropractic EHR Software. With industry-leading support, training and compliance expertise, ChiroTouch partners with practices of every type to help them easily automate operations, improve patient care and increase profitability. ChiroTouch is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-14 TrustCommerce

South Coast Metro, California, United States

TrustCommerce is a premier provider of payment security software and technology that allows clients to process highly secure and compliant payments that are deeply integrated within their core business software. TrustCommerce solutions protect transactions and reduce risk. TrustCommerce is a focused provider of integrated solutions to the healthcare sector, as well as other specialized verticals focused on providing a high level of security to their clients.

Buy -
Mergr

Product

Company

Legal