Investment Summary

Madison Dearborn Partners, Providence Equity Partners, HarbourVest Partners and Silver Lake Exits CDW

On June 27, 2013, invested in e-commerce company CDW from Madison Dearborn Partners, Providence Equity Partners, HarbourVest Partners and Silver Lake

Investment Highlights
  • This is transaction in the E-Commerce sector.
  • This is transaction in the United States.
  • This is transaction in Illinois.

Investment Summary

Date 2013-06-27
Target CDW
Sector E-Commerce
Sellers(s) Madison Dearborn Partners
Providence Equity Partners
HarbourVest Partners
Silver Lake
Deal Type IPO

Target

CDW

Vernon Hills, Illinois, United States
CDW's corporate headquarters in Lincolnshire, Illinois.
CDW's corporate headquarters in Lincolnshire, Illinois.
CDW is a direct marketer of multi-branded information technology products and services to small and medium sized businesses, government, healthcare and education customers in the United States and Canada. CDW was incorporated in 1984 and is based in Vernon Hills, Illinois.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Seller(S) 4

SELLER

Madison Dearborn Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 31.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.


DEAL STATS #
Overall 43 of 79
Sector: E-Commerce M&A 1 of 1
Type: IPO M&A Deals 14 of 17
State: Illinois M&A 5 of 12
Country: United States M&A 39 of 69
Year: 2013 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-02 Boise Cascade

Boise, Idaho, United States

Boise Cascade is a provider of wood-based building product manufacturing business and also distributor of building materials. Boise Cascade was founded in 2004 and is based in Boise, Idaho.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-08 Multi Packaging Solutions

New York, New York, United States

Multi Packaging Solutions, Inc. is a global provider of value-added packaging solutions to a diverse customer base across the healthcare, consumer and multi-media markets. MPS provides its customers with an extensive array of print-based specialty packaging solutions, including premium folding cartons, inserts, labels and rigid packaging across a variety of substrates and finishes. MPS has 59 manufacturing locations across North America, Europe and Asia and employs approximately 8,800 people.

Buy -
SELLER

Providence Equity Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 38.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.


DEAL STATS #
Overall 36 of 102
Sector: E-Commerce M&A 1 of 1
Type: IPO M&A Deals 6 of 9
State: Illinois M&A 3 of 4
Country: United States M&A 24 of 69
Year: 2013 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-08 Smallsteps

Amersfoort, Netherlands

Smallsteps is a provider of childcare services in the Netherlands. The Group offers day care for 0-4 year olds and pre/after school care for 4-12 year olds. The group provides services to 26,000 children through its 251 locations and 2,750 employees. Smallsteps works together with parents, local communities and national partners to ensure excellent childcare services are provided for its customers. Smallsteps was founded in 1975 and is based in Amersfoort, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-09 Learfield Communications

Dallas, Texas, United States

Learfield Communications is a provider of integrated marketing solutions in college sport. Learfield has a deep presence in the college athletics landscape nationwide. It manages the multimedia and sponsorship rights for more than 120 collegiate institutions, conferences and arenas, and supports athletic departments at all competitive levels as title sponsor of the prestigious Learfield Directors’ Cup. Learfield Communications was founded in 1972 and is based in Dallas, Texas.

Buy -
SELLER

HarbourVest Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1978
PE ASSETS 147.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.


DEAL STATS #
Overall 39 of 150
Sector: E-Commerce M&A 1 of 3
Type: IPO M&A Deals 15 of 32
State: Illinois M&A 3 of 4
Country: United States M&A 22 of 91
Year: 2013 M&A 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-28 Videology

Baltimore, Maryland, United States

Videology, Inc. is an enterprise technology company for advertising and media companies. Its video platform allows brands, agencies and media companies to plan, serve, manage, and monitor video ad campaigns using features and specifications typical to TV, while taking advantage of the advanced targeting, optimization, and efficiencies of digital media.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 GE AVIO S.r.l.

Rivalta, TO, Italy

Avio is a designers and manufacturers of components and systems for commercial, military and space launch engines. Its activities include jet derivative engines and automation systems for naval and industrial applications, power generation and a highly successful maintenance, repair and overhaul operation for civil and military clients.

Sell €3.3B
SELLER

Silver Lake

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 104.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.


DEAL STATS #
Overall 17 of 66
Sector: E-Commerce M&A 2 of 3
Type: IPO M&A Deals 8 of 24
State: Illinois M&A 2 of 3
Country: United States M&A 11 of 51
Year: 2013 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-02 Dell

Round Rock, Texas, United States

Dell is a global provider of technology equipment and information technology software and solutions. Dell Technologies looks to bring together the entire infrastructure from hardware to software to services. Dell was incorporated in 1984 and is based in Round Rock, Texas.

Buy $24.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-15 BlackLine

Woodland Hills, California, United States

BlackLine offers a cloud-based software platform designed to transform and modernize accounting and finance operations for organizations of all types and sizes. BlackLine was founded in 2001 and is based in Woodland Hills, California.

Buy -