M&A Deal Summary

GTCR Acquires Cision

On February 18, 2014, private equity firm GTCR LLC acquired software company Cision Ltd.

Acquisition Highlights
  • This is GTCR’s 4th transaction in the Software sector.
  • This is GTCR’s 78th transaction in the United States.
  • This is GTCR’s 8th transaction in Illinois.
Investment Fate
  • Cision was sold to a financial buyer in 2019 for 2.7B USD.

M&A Deal Summary

Date 2014-02-18
Target Cision Ltd.
Sector Software
Buyer(s) GTCR LLC
Deal Type Buyout (LBO, MBO, MBI)

Target

Cision Ltd.

Chicago, Illinois, United States
website
Cision Ltd. is a provider of PR software and services including content marketing, media monitoring, media list building, distribution and analysis. Cision's software allows users to identify key influencers, craft and distribute strategic content, and measure meaningful impact. Cision was founded in 2014 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

GTCR LLC

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1980
PE ASSETS 15.0B USD
SizeMega
Type Sector Agnostic
DESCRIPTION

GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.


DEAL STATS #
Overall 82 of 112
Sector (Software) 4 of 6
Type (Buyout (LBO, MBO, MBI)) 22 of 24
State (Illinois) 8 of 15
Country (United States) 78 of 107
Year (2014) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-17 Callcredit Information Group Ltd.

Leeds, United Kingdom

Callcredit Information Group Ltd. is a provider of consumer data solutions, software and analytics. Callcredit provides the data, analytics, and software that enable businesses to build more valuable customer relationships. Callcredit Information Group Ltd. was established in 2000 and is based in Leeds, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-03 Sorenson Communications, Inc.

Salt Lake City, Utah, United States

Sorenson Communications is a provider of communication offerings including the Sorenson Video Relay Service (VRS), Sorenson IP Relay (siprelay) and Sorenson videophones. Sorenson Communications’ Sorenson VRS enables deaf and hard-of-hearing callers to conduct video relay conversations through a qualified American Sign Language (ASL) interpreter.

Sell -