M&A Deal Summary

Genstar Capital Acquires Sphera Solutions

On June 1, 2016, private equity firm Genstar Capital acquired information technology company Sphera Solutions from IHS

Acquisition Highlights
  • This is Genstar Capital’s 2nd transaction in the Information Technology sector.
  • This is Genstar Capital’s 53rd transaction in the United States.
  • This is Genstar Capital’s 3rd transaction in Illinois.
Investment Fate
  • Sphera Solutions was sold to a consortium of financial buyers in 2021 for 1.4B USD.

M&A Deal Summary
Date 2016-06-01
Target Sphera Solutions
Sector Information Technology
Buyer(s) Genstar Capital
Sellers(s) IHS
Deal Type Divestiture

Target

Sphera Solutions

Chicago, Illinois, United States
website
Sphera Solutions is a global provider of Operational Excellence software and information services with a focus on Operational Risk, Environmental Health & Safety (EH&S), and Product Stewardship. Sphera Solutions is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Genstar Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1988
PE ASSETS 49.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Genstar Capital is a private equity firm that seeks investments in life science, healthcare, medical products, industrial technology, software, financial services, packaging, building materials, manufacturing, and business services companies. Genstar looks to invest between $50 and $400 million of equity capital in businesses valued up to $1 billion. Target transaction situations include control-oriented leveraged buyouts of corporate divisions, privately held businesses or public companies, minority investments in privately held businesses or public companies, ownership restructurings/recapitalizations of privately held businesses, growth equity financings, partnerships with other strategic or financial buyers, and take privates. Genstar Capital was formed in 1988 and is based in San Francisco, California.

DEAL STATS #
Overall 58 of 107
Sector (Information Technology) 2 of 8
Type (Divestiture) 7 of 9
State (Illinois) 3 of 5
Country (United States) 53 of 99
Year (2016) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-31 Infinite Electronics

Irvine, California, United States

Infinite Electronics is a supplier of engineering-grade radio-frequency technology products, operating under its proprietary brands for a global engineering base. IRF serves the high urgency, technical needs segment of the global RF component market, and differentiates itself through a broad selection of RF components available for same-day shipping, custom cable design and assembly capabilities for 250,000+ unique configurations, and significant technical expertise in bringing new products to the market and providing solutions for R&D engineers. Infinite Electronics was formed in 1972 and is based in Irvine, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 Daxko

Birmingham, Alabama, United States

Daxko provides SaaS solutions to organizations including YMCA/YWCAs, JCCs, health clubs, wellness centers and recreation facilities. The Company’s products help more than 1,200 organizations manage their scheduling and daily operations, member management and engagement, accounting, event registration, payment services, and mobile applications. Daxko was founded in 1998 and is based in Birmingham, Alabama.

Buy -

Seller(S) 1

SELLER

IHS

Englewood, Colorado, United States

website

Category Company
Founded 1959
Sector Information Technology
Employees9,000
Revenue 2.2B USD (2015)
DESCRIPTION

IHS is a source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments rely on the content, expert independent analysis and flexible delivery methods of IHS to make decisions and develop strategies with speed and confidence. IHS was established in 1959 and is headquartered in Englewood, Colorado.

DEAL STATS #
Overall 2 of 4
Sector (Information Technology) 2 of 3
Type (Divestiture) 2 of 4
State (Illinois) 1 of 1
Country (United States) 2 of 4
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-29 GlobalSpec

East Greenbush, New York, United States

GlobalSpec is a specialized search engine and information resource for the engineering community.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 OPIS

Rockville, Maryland, United States

OPIS is a provider of oil industry pricing, news, analysis, and software. OPIS also provides edge software solutions for petroleum marketers looking to automate price collection, data storage, and repricing of dealer and commercial accounts. OPIS was founded in 1977 and is headquartered in Rockville, Maryland.

Sell $1.2B
Mergr

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