M&A Deal Summary |
|
|---|---|
| Date | 2007-04-16 |
| Target | FundsXpress |
| Sector | Internet Software and Services |
| Buyer(s) | First Data |
| Sellers(s) |
Warburg Pincus
TGF Management Beacon Investment Management Group |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Lane, Berry & Co. International LLC (Financial) |
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| Category | Company |
|---|---|
| Founded | 1989 |
| Sector | Financial Services |
| Employees | 24,000 |
| Revenue | 8.7B USD (2018) |
First Data is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers. First Data was formed in 1989 and is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 23 |
| Sector: Internet Software and Services M&A | 3 of 9 |
| Type: Add-on Acquisition M&A Deals | 10 of 20 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 10 of 17 |
| Year: 2007 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-21 |
Datawire Communication Networks
Toronto, Ontario, Canada Datawire has proven the benefits of the VXN through successful connectivity to industry-leading payment processors and integration with many point-of-sale applications and devices to provide fast and secure transaction transport. The successful adoption of the Datawire network by the financial transaction processing services industry has led to cost savings, flexibility, increased revenue and increased ease of use for its customers. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-10-21 |
First Data - Peace International Business
Atlanta, Georgia, United States First Data - Peace International Business is a provider of utility customer information system. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1966 |
| PE ASSETS | 83.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 265 |
| Sector: Internet Software and Services M&A | 1 of 16 |
| Type: Add-on Acquisition M&A Deals | 10 of 97 |
| State: Texas M&A | 3 of 27 |
| Country: United States M&A | 20 of 150 |
| Year: 2007 M&A | 3 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-04 |
Metavante
Milwaukee, Wisconsin, United States Metavante Corp. is a financial services technology company providing integrated banking and payments products and services to banks, retailers, healthcare providers and government entities. Metavante provides core processing technology to run bank operations including account processing for deposit, loan and trust systems, e-banking, risk and compliance and commercial treasury. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-01 |
UGS PLM Solutions SL
Dallas, Texas, United States UGS PLM Solutions, a leader in product data management, collaboration and product design software and services with 42,000 clients and more than 2.8 million seats of technology operating in the market, is the product lifecycle management (PLM) subsidiary of EDS. The company works collaboratively with its clients to create solutions enabling them to transform their process of innovation and thus begin to capture the promise of PLM. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 700M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
TGF Management is a private equity firm focused on management buyouts and recapitalizations of profitable, middle-market companies generating sales of $50 to $250 million and EBITDA of $5 of $25 million. Areas of interest include manufacturing, distribution, construction, industrial service, outsourced business services, food, and consumer products. TGF's target investment size is $25 to $100 million and the Firm's geographic focus is on opportunities in the Southwest US. TGF will not invest in oil/gas exploration and production companies, real estate, and businesses with 'significant technology risk'. TGF Management was formed in 1992 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 18 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 6 of 8 |
| State: Texas M&A | 5 of 12 |
| Country: United States M&A | 9 of 18 |
| Year: 2007 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-22 |
TIMEC Holdings
Vallejo, California, United States TIMEC Holdings, Inc. is a contractor of industrial services with a primary focus on providing routine and turnaround maintenance repair for oil refineries and petrochemical plants. |
Sell | $100M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-06-05 |
Orion Marine
Houston, Texas, United States Orion Marine is an operator and maintains a fleet of more than 400 pieces of specialized marine equipment. Its specialty services include salvage, demolition, diving, surveying, towing and underwater inspection, excavation and repair. Orion Marine was founded in 1994 and is based in Houston, Texas. |
Sell | - |
| Category | Private Equity Real Estate |
|---|---|
| Founded | 1995 |
| Size | Small |
| Type | Sector Focused |
Beacon Investment Management Group (Beacon IMG) is a private investment firm and hotel management company that develops and operates hotels in the Southeastern United States. Beacon Investment Management was formed in 1995 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2007 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-05 |
Holiday Inn Express Hotel & Suites
Kannapolis, North Carolina, United States Holiday Inn Express Hotel & Suites is conveniently located off of I-85 at Exit 60 in Kannapolis/Concord, where you get a complimentary breakfast bar and deluxe rooms close to stellar family attractions and outlet shopping. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-08-22 |
Playa Matapalo
Guanacaste Region, Costa Rica Playa Matapalo is a hospitality development in Costa Rica. |
Buy | - |
