M&A Deal Summary

CIVC Partners and Maranon Capital Acquire iVision

On September 11, 2020, private equity firm CIVC Partners and mezzanine finance firm Maranon Capital acquired information technology company iVision

Acquisition Highlights
  • This is CIVC Partners’ 2nd and Maranon Capital’s 2nd transaction in the Information Technology sector.
  • This is CIVC Partners’ 60th and Maranon Capital’s 33rd transaction in the United States.
  • This is CIVC Partners’ 3rd and Maranon Capital’s 2nd transaction in Georgia.

M&A Deal Summary

Date 2020-09-11
Target iVision
Sector Information Technology
Buyer(s) CIVC Partners
Maranon Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

iVision

Atlanta, Georgia, United States
iVision is a managed services and technology consulting provider serving mid-market and enterprise clients. The company provides infrastructure and application solutions through five practices, including Infrastructure Services, Data Center, Converged Network, and Application Development all supported by the Delivery Assurance practice. iVision was founded in 2004 and is based in Atlanta, Georgia.

Search 215,074 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 2

Buyer

CIVC Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1970
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

CIVC Partners is a private equity firm that provides buyout and growth capital to middle-market businesses located in the US and Canada. CIVC invests in companies generating sales of $40 - $300 million with an EBITDA of $5 to $30 million. Sectors of interest include Business Services, Information Services, Facility Services, Insurance Services, Transportation & Logistics, Tech-enabled Services, BPO, SaaS, Compliance Services, Corporate Training, IT Services, and Utility Services. The firm invests in the range of $20 - $100 million per transaction. CIVC prefers to be the lead equity sponsor and will consider both majority and minority investment situations. CIVC Partners was formed in 1970 and is based in Chicago, Illinois.


DEAL STATS #
Overall 63 of 80
Sector: Information Technology M&A 2 of 7
Type: Buyout (LBO, MBO, MBI) M&A Deals 31 of 33
State: Georgia M&A 3 of 3
Country: United States M&A 60 of 76
Year: 2020 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-29 GPRS

Maumee, Ohio, United States

GPRS is a provider of private utility locating and concrete scanning services to utilities, contractors, engineering firms, and environmental consultants in every major market in the United States. GPRS was founded in 2001 and is based in Maumee, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-12 LendCare

Pickering, Ontario, Canada

LendCare is a Canadian point-of-sale consumer finance and technology company, which enables 3,000 businesses to increase their revenue by providing full credit spectrum financing at the point-of-sale. LendCare is headquartered in Pickering, Ontario.

Sell $320M
Buyer

Maranon Capital

Chicago, Illinois, United States

Category Mezzanine Finance Firm
Founded 2007
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Maranon Capital is an investment firm that provides senior financing, mezzanine debt and equity co-investments for private equity backed and non-sponsored middle-market companies. Maranon seeks investments in financially healthy businesses with stable cash flows, diverse customers, and strong management. Areas of interest include business services, healthcare services, distribution, manufacturing and consumer products/services. Funds typically support acquisitions, recapitalizations, refinancings, consolidations, ESOPs and growth capital needs. Maranon Capital was formed in 2007 and is based in Chicago, Illinois. In 2019, Maranon Capital was acquired by asset management firm Eldrige.


DEAL STATS #
Overall 33 of 38
Sector: Information Technology M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 11 of 12
State: Georgia M&A 2 of 3
Country: United States M&A 33 of 38
Year: 2020 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-29 GPRS

Maumee, Ohio, United States

GPRS is a provider of private utility locating and concrete scanning services to utilities, contractors, engineering firms, and environmental consultants in every major market in the United States. GPRS was founded in 2001 and is based in Maumee, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 GeoLinks

Camarillo, California, United States

GeoLinks is a telecommunications company and competitive local exchange carrier (CLEC) public utility, providing innovative Internet and Hosted Voice solutions. GeoLinks was established in 2011 and is based in Camarillo, California.

Buy -