Convergence Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Convergence Partners has invested in 3 companies.

Convergence Partners’ most common sectors for investment arecommunications (30%) and information technology (30%) . The Firm’s most common investment types include venture (50%) and growth capital (30%). In total, Convergence Partners has invested in 2 US states and 6 different countries.

Join Mergr to view Convergence Partners’ full profile and discover more small private equity firms just like it.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity10
  • Total Sectors Invested 5
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 3

Convergence Partners

3rd Floor 30 Jellicoe Avenue Rosebank,
Johannesburg, 2196
South Africa
+27 10 003 8410
www.convergencepartners.com
info@convergencepartners.com

Convergence Partners is an investment group focused on technology, media, and communications opportunities in Africa. The Firm looks to fund initiatives that increase the availability of communications, broadband services and new technology offerings to the people of Africa. Convergence Partners was formed in 2006 and is based in Johannesburg, South Africa.


Investment Criteria

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

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Venture

Geographic Preferences: Africa

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

M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.6/yr) # 7 - 1 1 1 - 10
Sell (0.0/yr) # - - - - - - 0
  10

Most Recent M&A

Company Date Value Type
LifeQ 2021-05-27 - Venture
Alpharetta, Georgia · www.lifeq.com
Rack Centre 2020-08-31 - Growth Capital
Ikeja, Nigeria · www.rack-centre.com
Channel VAS DMCC 2019-09-23 - Growth Capital
Dubai, United Arab Emirates · www.channelvas.com
ESET, spol. s.r.o. 2017-11-09 - Stake Purchase
Bratislava, Slovakia · www.eset.com
CSquared 2017-05-16 - Venture
Nairobi, Kenya · www.csquared.com
Comsol Networks (Pty) Ltd. 2016-06-30 - Venture
Midrand, South Africa · www.comsol.co.za
Snapt 2016-06-01 - Venture
San Jose, California · www.snapt.net
e4 Strategic (Pty) Ltd. 2016-04-13 - Buyout (LBO, MBO, MBI)
Johannesburg, South Africa · www.e4.co.za
inQuba Customer Intelligence (Pty) Ltd. 2016-03-18 - Growth Capital
Johannesburg, South Africa · www.inquba.com
Seacom Ltd. 2007-11-14 - Venture
Cape Town, South Africa · www.seacom.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Communications 3 (30%) - 3 (30%) -
Information Technology 3 (30%) - 3 (30%) -
Internet Software and Services 2 (20%) - 2 (20%) -
Software 1 (10%) - 1 (10%) -
Technology Hardware 1 (10%) - 1 (10%) -
Total 10 - 10 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
South Africa 4 (40%) - 4 (40%) -
United States 2 (20%) - 2 (20%) -
  Georgia 1 (10%) - 1 (10%) -
  California 1 (10%) - 1 (10%) -
Kenya 1 (10%) - 1 (10%) -
Nigeria 1 (10%) - 1 (10%) -
Slovakia 1 (10%) - 1 (10%) -
United Arab Emirates 1 (10%) - 1 (10%) -
Total 10 - 10 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Venture 5 (50%) - 5 (50%) -
Growth Capital 3 (30%) - 3 (30%) -
Buyout (LBO, MBO, MBI) 1 (10%) - 1 (10%) -
Stake Purchase 1 (10%) - 1 (10%) -
Total 10 - 10 -

 Subscribe to unlock this and 178,166
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

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
  • 4.3K Private Equity Firms
  • 168K M&A Transactions
  • 174K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 63K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.