Great Elm - M&A Summary and Business Overview

SoftwareCompany

Great Elm M&A Summary

Great Elm has acquired 3 companies, including 2 in the last 5 years. It has also divested 3 assets.

Great Elm’s largest acquisition to date was in 2022, when it acquired Sterling Commercial Credit for $8M. It’s largest disclosed sale occurred in 2023, when it sold Great Elm Healthcare to Quipt Home Medical for $80M. Great Elm has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include financial services (67%) and software (34%).

Great Elm Business Overview

Where is Great Elm headquartered?

Great Elm is headquartered in Waltham, Massachusetts.

How many employees does Great Elm have?

Great Elm has 328 employees.

What sector is Great Elm in?

Great Elm is a software company.

When was Great Elm founded?

Great Elm was founded in 1994.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity3
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

Great Elm

Great Elm Capital Group, Inc.

800 South Street Suite 230,
Waltham, Massachusetts 02453
United States,
(617) 375-3006
www.greatelmcc.com

Great Elm is a provider of software solutions for the communications and media industries. EGreat Elm was founded in 1994 and is based in Waltham, Massachusetts


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 1 - 1 1 - - 3
vol $7M $8M $15M
Sell (0.2/yr) # 2 - - - 1 - 3
vol $80M $80M
  6

Most Recent M&A

Company Date Value Type
Great Elm Healthcare LLC 2023-01-03 80M USD Divestiture
Mesa, Arizona · www.greatelmhc.com
Sterling Commercial Credit LLC 2022-02-03 8M USD Add-on Acquisition
Brighton, Michigan · www.sterlingcommercialcredit.com
Lenders Funding LLC 2021-09-20 7M USD Add-on Acquisition
Williamsburg, Virginia · www.lendersfunding.com
Openwave Messaging, Inc. 2012-04-30 - Divestiture
Redwood City, California · www.owmessaging.com
Openwave Mobility, Inc. 2012-04-30 - Divestiture
Redwood City, California · www.openwave.com/openwavemobility
WiderWeb Ltd. 2007-02-20 - Add-on Acquisition
Harpenden, United Kingdom · www.widerweb.co.uk
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 1 (33%) - 2 (67%) -
Financial Services 2 (67%) 15M (100%) - -
Healthcare Services - - 1 (33%) 80M (100%)
Total 3 $15M 3 $80M

By Geo

State/Country Buy Value Sell Value
United States 2 15M 3 80M
  California - - 2 -
  Virginia 1 7M - -
  Michigan 1 8M - -
  Arizona - - 1 80M
United Kingdom 1 - - -
Domestic 2 (67%) 15M (100%) 3 (100%) 80M (100%)
Cross-border 1 (33%) - - -
Total 3 $15M 3 $80M

Deal Values

buy # Total
< $100M 2 $15M
TOTAL $15M
Largest Sterling Commercial Credit LLC
$8M (2022-02-03)
sell # Total
< $100M 1 $80M
TOTAL $80M
Largest Great Elm Healthcare LLC
$80M (2023-01-03)

M&A Connections

Deals
Divested to
Investor(s)
67%
2 (67%)
Strategic(s)
33%
1 (33%)

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