M&A Deal Summary |
|
|---|---|
| Date | 2011-11-07 |
| Target | Newfold Digital |
| Sector | Internet Software and Services |
| Buyer(s) |
Warburg Pincus
Goldman Sachs Merchant Banking |
| Sellers(s) |
Tregaron Capital
Accel-KKR |
| Deal Type | Secondary Buyout |
| Deal Value | 975M USD |
| Advisor(s) | Kirkland & Ellis (Legal) |
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| 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 | 203 of 475 |
| Sector (Internet Software and Services) | 10 of 35 |
| Type (Secondary Buyout) | 26 of 62 |
| State (Florida) | 3 of 11 |
| Country (United States) | 113 of 234 |
| Year (2011) | 20 of 21 |
| Size (of disclosed) | 17 of 47 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-11-07 |
MLM Information Services
New York, New York, United States MLM Information Services, LLC, was formed in 2005 to invest in information service companies with a long-term view to value creation. To date, MLM has acquired two leading vendors of corporate tax compliance software: CORPTAX and Tax Compliance, Inc (?TCI?). CORPTAX provides corporate income tax software and related support and integration services primarily to Fortune 500 companies. TCI develops, markets and supports real and personal property tax compliance software. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-01 |
LaVie Care Centers
Tampa, Florida, United States LaVie Care Centers provides a comprehensive array of professional management consulting and operational services to skilled nursing facilities throughout the US. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 85 of 178 |
| Sector (Internet Software and Services) | 2 of 14 |
| Type (Secondary Buyout) | 21 of 63 |
| State (Florida) | 4 of 5 |
| Country (United States) | 61 of 122 |
| Year (2011) | 6 of 6 |
| Size (of disclosed) | 30 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-01 |
Schneller
Kent, Ohio, United States Schneller, Inc. designs and manufactures highly engineered laminates, thermoplastics, and non-textile flooring for use primarily on side walls, lavatories, galleys, bulkheads, and cabin floors. These products are found on almost every commercial transport and regional jet platform. |
Sell | $289M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-18 |
Legends
New York, New York, United States Legends provides hospitality, merchandise, ticket sales, planning, sponsorships and experiential services to the sports and entertainment industries, as well as the management of landmark attractions such as Yankee Stadium, AT&T Stadium (home of the Dallas Cowboys) and the observatory at New York City’s World Trade Center. Legends was founded in 2008 and is based in New York. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 200M USD |
| Size | Small |
| Type | Sector Agnostic |
Tregaron Capital Company is a private investment firm focused on investing in small to mid-sized businesses with EBITDA between $1 and $5 million and annual revenues of at least $5 million. Tregaron looks to provide mezzanine and/or equity capital to support recapitalizations, management buy-outs, acquisition financings, go-private transactions, buy-outs of founders or passive owners, and growth capital transactions. Target sectors include business services, IT services, healthcare services, mature software and technology, niche food and consumer packaged goods, and value-added distribution. The Firm's investment size is $3 to $10 million per transaction. Tregaron Capital is based in Palo Alto, California.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 9 |
| Sector (Internet Software and Services) | 2 of 2 |
| Type (Secondary Buyout) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 3 of 9 |
| Year (2011) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-07 |
TreadWright
Houston, Texas, United States TreadWright is a tire retreading company serving the light truck replacement tire market. TreadWright was founded in 1981 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-08 |
GlowTouch Technologies
Louisville, Kentucky, United States GlowTouch Technologies is a technology services company that enables clients to leverage a broad range of software development expertise and outsourced business support services. GlowTouch provides quality, cost-effective and scalable solutions to meet client's growing software development, technical support and other back-office needs. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 19.0B USD |
| Size | Mega |
| Type | Sector Focused |
Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 52 |
| Sector (Internet Software and Services) | 1 of 12 |
| Type (Secondary Buyout) | 1 of 15 |
| State (Florida) | 1 of 1 |
| Country (United States) | 8 of 41 |
| Year (2011) | 3 of 3 |
| Size (of disclosed) | 4 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-25 |
YourEncore
Indianapolis, Indiana, United States YourEncore, Inc. is a provider of drug development and commercialization advisory and consulting services to the biopharmaceutical industry. YourEncore was founded in 2003 and is based in Indianapolis, Indiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-02 |
TrueCommerce
Cranberry Township, Pennsylvania, United States TrueCommerce is a platform that provides digital connectivity and business system integration between buyers/sellers and their trading partners as well as an assortment of value-added supply chain software applications. TrueCommerce was founded in 1995 and is based in Cranberry Township, Pennsylvania. |
Buy | - |
