Investment Summary |
|
|---|---|
| Date | 2014-01-01 |
| Target | Gusto |
| Sector | Internet Software and Services |
| Investor(s) |
CapitalG
General Atlantic |
| Deal Type | Venture |
SEARCH BY
| Category | Corporate Investor |
|---|---|
| Founded | 2013 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Focused |
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.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 35 |
| Sector: Internet Software and Services M&A | 7 of 18 |
| Type: Venture M&A Deals | 5 of 26 |
| State: California M&A | 6 of 15 |
| Country: United States M&A | 8 of 30 |
| Year: 2014 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-02 |
Lending Club
San Francisco, California, United States LendingClub provides an alternative to the traditional banking system. LendingClub provides a platform for connecting borrowers with lenders. Lending Club was founded in 2006 and is based in San Francisco, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-24 |
Applied Systems
Chicago, Illinois, United States Applied Systems is a provider of cloud-based software to the P&C and benefits insurance industries. The company provides agency and brokerage management systems to customers throughout North America and Europe. Applied Systems was founded in 1983 and is based in Chicago, Illinois. |
Buy | $1.8B |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 105.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 124 of 364 |
| Sector: Internet Software and Services M&A | 19 of 78 |
| Type: Venture M&A Deals | 13 of 98 |
| State: California M&A | 13 of 47 |
| Country: United States M&A | 61 of 175 |
| Year: 2014 M&A | 2 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-01 |
Indusind Bank
Mumbai, India IndusInd Bank is a private bank delivering a broad range of banking and financial services to both consumers and corporations in India. IndusInd Bank was founded in 1994 and is based in Mumbai, Maharashtra. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-10 |
CareCore National
Bluffton, South Carolina, United States CareCore National is a healthcare specialty benefits management company that ensures the appropriate utilization of healthcare services across several medical disciplines, improving the quality of care for patients and reducing waste in U.S. healthcare spending. |
Buy | - |