CapitalG Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, CapitalG has invested in 10 companies.

CapitalG’s most common sectors for investment are internet software and services (45%) and information technology (18%). The Firm’s most common investment types include venture (77%) and growth capital (9%). In total, CapitalG has invested in 9 US states and 3 different countries. Its largest (disclosed) acquisition occurred in 2014 when it acquired Applied Systems for $1.8B.

In the last 3 years, CapitalG has exited 10 companies. The Firm’s most common exit type is ipo (47%). CapitalG’s largest (disclosed) exit occurred in 2020 when it sold Astound Broadband for $8.1B.

Join Mergr to view CapitalG’s full profile and discover more large private equity firms just like it.

M&A Summary

  • M&A Total Activity47
    • M&A Buy Activity34
    • M&A Sell Activity13
  • Total Sectors Invested 8
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 16
  • M&A Advisors 1

CapitalG

San Francisco, California 94105
United States
www.capitalg.com

CapitalG is the growth equity and direct investment arm of Alphabet, Inc. CapitalG invests in emerging tech-enabled service companies and assists with providing tactical advice across key functional areas such as engineering, product, sales, and marketing. CapitalG was formerly known as Google Capital. The Unit was formed in 2013 and is based in San Francisco, California.


Investment Criteria

Sectors of Interest: Information Technology, Internet Software and Services, Software, Technology Hardware

Target Transaction Types: Growth Capital, Stake Purchase, Venture

Geographic Preferences: East US, Midwest US, South US, West US, Canada, Asia/Pacific, Central Asia/India

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - -
Enterprise Value - -

M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (2.6/yr) # 21 3 4 2 4 - 34
vol $4.5B $4.5B
Sell (2.4/yr) # 1 2 3 2 3 2 13
vol $15.2B $15.2B
  47

Most Recent M&A

Company Date Value Type
UiPath, Inc. 2021-04-21 - IPO
New York, New York · www.uipath.com
Oscar Health, Inc. 2021-02-22 - IPO
New York, New York · www.hioscar.com
Airbnb, Inc. 2020-12-10 - IPO
San Francisco, California · www.airbnb.com
Astound Broadband 2020-11-01 8.1B USD Secondary Buyout
Princeton, New Jersey · www.rcn.com
Next Insurance, Inc. 2020-09-23 - Venture
Palo Alto, California · www.nextinsurance.com
Expel 2020-05-13 - Venture
Herndon, Virginia · www.expel.io
Everlaw 2020-03-10 - Venture
Oakland, California · www.everlaw.com
Albert Corp. 2020-03-09 - Venture
Culver City, California · www.albert.com
Credit Karma, Inc. 2020-02-24 7.1B USD Add-on Acquisition
San Francisco, California · www.creditkarma.com
Dataiku 2019-12-04 - Venture
New York, New York · www.dataiku.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Applied Systems, Inc. 2014-01-24 Relay Software Ltd. 2016-08-09 7
University Park, Illinois · www1.appliedsystems.com Antrim, Ireland · www.relay.ie

M&A by Sector

Sector Current # Value All-time # Value
Internet Software and Services 9 (43%) - 15 (44%) -
Software 4 (19%) 1.8B (100%) 6 (18%) 2.9B (64%)
Information Technology 4 (19%) - 6 (18%) -
Financial Services 2 (10%) - 2 (6%) -
Insurance 1 (5%) - 2 (6%) -
Communications - - 1 (3%) 1.6B (36%)
Digital Media - - 1 (3%) -
Transportation 1 (5%) - 1 (3%) -
Total 21 $1.8B 34 $4.5B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 16 (76%) 1.8B (100%) 28 (82%) 4.5B (100%)
  California 9 (43%) - 16 (47%) -
  New York 2 (10%) - 5 (15%) -
  Illinois 1 (5%) 1.8B (100%) 1 (3%) 1.8B (40%)
  Washington 1 (5%) - 1 (3%) -
  Virginia 1 (5%) - 1 (3%) -
  Pennsylvania 1 (5%) - 1 (3%) -
  Georgia 1 (5%) - 1 (3%) -
  New Jersey - - 1 (3%) 1.6B (36%)
  Wisconsin - - 1 (3%) 1.1B (24%)
India 4 (19%) - 5 (15%) -
Belgium 1 (5%) - 1 (3%) -
Domestic 16 (76%) 1.8B (100%) 28 (82%) 4.5B (100%)
Cross-border 5 (24%) - 6 (18%) -
Total 21 $1.8B 34 $4.5B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Venture 19 (90%) - 26 (76%) -
Secondary Buyout 1 (5%) 1.8B (100%) 3 (9%) 4.5B (100%)
Growth Capital - - 3 (9%) -
Stake Purchase 1 (5%) - 2 (6%) -
Total 21 $1.8B 34 $4.5B

Exits by Deal Type

Type Total # Value
IPO 6 (46%) -
Secondary Sale 4 (31%) 8.1B (53%)
Trade Sale - Public Company 2 (15%) 7.1B (47%)
Trade Sale 1 (8%) -
Total 13 $15.2B

Top M&A Advisors

Legal Deals
Wilson Sonsini Goodrich & Rosati
 1

Deal Values

buy # Total
> $1B 3 $4.5B
TOTAL $4.5B
Largest Applied Systems, Inc.
$1.8B (2014-01-24)
sell # Total
> $1B 2 $15.2B
TOTAL $15.2B
Largest Astound Broadband
$8.1B (2020-11-01)

M&A Connections

Deals
Acquired from
Investor(s)
9%
3 (9%)
Exited to
Investor(s)
31%
4 (31%)
Strategic(s)
23%
3 (23%)

Investor Summary

Size

Large

PE Assets

3.0B USD

Established

2013

Specialist/Generalist

Specialist

Subsidiary of

Alphabet Inc.

Leadership

Janelle Tealdi

Finance Manager

David Lawee

Founder and General Partner

Alli McKulla

Administrative Business Partner

Allison Caragan

Administrative Business Partner

Derek Zanutto

General Partner

 Subscribe to unlock this and 165,230
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.1K Private Equity Firms
  • 154K M&A Transactions
  • 161K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.3K M&A Advisors
    (Investment Banks and Law Firms)
  • 51K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal