M&A Deal Summary |
|
|---|---|
| Date | 2014-03-10 |
| Target | Serena |
| Sector | Software |
| Buyer(s) | HGGC |
| Sellers(s) |
Silver Lake
Integral Capital Partners Stockwell Capital HarbourVest Partners |
| Deal Type | Secondary Buyout |
| Deal Value | 450M USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 8.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HGGC focuses on middle-market leveraged buyouts, growth equity financings, recapitalizations, take privates, and corporate divestitures. The Firm primarily targets North American companies, but will consider international opportunities as well. HGGC looks for companies with at least $100 million in revenue. HGGC primarily targets enterprise software companies, however, the Firm will also consider opportunities in business services, consumer services, financial services, healthcare, industrial services, and information services. HGGC was formed in 2007 and is based in Palo Alto, California.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 52 |
| Sector: Software M&A | 4 of 8 |
| Type: Secondary Buyout M&A Deals | 5 of 15 |
| State: California M&A | 3 of 8 |
| Country: United States M&A | 13 of 43 |
| Year: 2014 M&A | 2 of 5 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-01 |
Mi9 Retail
Fort Lauderdale, Florida, United States Mi9 Retail is a provider of an enterprise retail merchandising, business intelligence, and store operations software. Mi9’s solutions enabled retailers to automate and optimize their entire Plan-to-Sell process, from planning to executing, influencing, and selling merchandise in-store, online, and on any device. Mi9 Retail was founded in 2001 and is based in Fort Lauderdale, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-01 |
AutoAlert
Kansas City, Missouri, United States AutoAlert is a provider of data analytic and lead-generation solutions to the automotive dealership industry. AutoAlert was formed in 2002 and is based in Kansas City, Missouri. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 104.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 22 of 66 |
| Sector: Software M&A | 4 of 15 |
| Type: Secondary Buyout M&A Deals | 3 of 10 |
| State: California M&A | 5 of 18 |
| Country: United States M&A | 15 of 51 |
| Year: 2014 M&A | 2 of 6 |
| Size (of disclosed) | 14 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-17 |
Claritev
McLean, Virginia, United States Claritev is a provider of technology-enabled healthcare cost management solutions. Claritev provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse, and fraud before payments are made. Claritev was founded in 1980 and is based in McLean, Virginia. |
Sell | $4.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-17 |
Sabre
Southlake, Texas, United States Sabre is a technology software provider to the travel and tourism industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre was formed in 2006 and is based in Southlake, Texas. |
Sell | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 1991 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Integral Capital Partners operates as a group of partnerships that invests in expansion-stage private and growth-stage public companies in the information and life sciences industries. Within information sciences, Integral focuses on communications-centric computing, real-time computing, and mobility. Within life sciences, Integral targets companies that deal in emerging medical technologies and healthcare information systems. The Firm operates in partnership with the venture capital firm Kleiner Perkins Caufield and Byers, which incubated the Firm in 1991, as well as private equity firm Silver Lake Partners. Integral Capital Partners is based in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 61 of 67 |
| Sector: Software M&A | 16 of 17 |
| Type: Secondary Buyout M&A Deals | 3 of 4 |
| State: California M&A | 43 of 48 |
| Country: United States M&A | 60 of 66 |
| Year: 2014 M&A | 1 of 4 |
| Size (of disclosed) | 8 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-31 |
Learnist
San Francisco, California, United States Learnist, Inc. is a provider of online learning solutions to students by applying the power of social networks, adaptive algorithms, and gaming mechanics to the process of learning and education. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-12 |
AccessClosure
Santa Clara, California, United States AccessClosure, Inc. is a medical device company that is pioneering innovative access site management products designed to address the complex challenge of vascular closure during interventional and diagnostic procedures. |
Sell | $320M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Stockwell Capital is a co-investment firm, focused on making minority investments alongside private equity sponsors. Stockwell is a generalist investor, with no sector preferences and looks to commit $3 to $10 million per investment. The Firm will consider opportunities throughout the US and Europe and prefers late-stage or growth equity situations. Stockwell Capital was formed in 2002 and is based in Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 41 |
| Sector: Software M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 4 of 9 |
| State: California M&A | 2 of 5 |
| Country: United States M&A | 16 of 33 |
| Year: 2014 M&A | 2 of 6 |
| Size (of disclosed) | 13 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-17 |
Claritev
McLean, Virginia, United States Claritev is a provider of technology-enabled healthcare cost management solutions. Claritev provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse, and fraud before payments are made. Claritev was founded in 1980 and is based in McLean, Virginia. |
Sell | $4.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-17 |
Grupo Corporativo ONO S.A.
Madrid, Spain Grupo Corporativo ONO S.A. is a broadband service provider. It offers direct access telephony, pay television and internet access services to the residential market where, ONO offers advanced voice, data and value-added services across its own high capacity local access and national backbone networks. |
Sell | €7.2B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 46 of 150 |
| Sector: Software M&A | 6 of 19 |
| Type: Secondary Buyout M&A Deals | 13 of 37 |
| State: California M&A | 4 of 11 |
| Country: United States M&A | 26 of 91 |
| Year: 2014 M&A | 2 of 14 |
| Size (of disclosed) | 36 of 43 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-07 |
Towne Park
Plymouth Meeting, Pennsylvania, United States Towne Park is a provider of contracted hospitality services and parking systems nationwide. Towne Park was founded in 1988 and is based in Plymouth Meeting, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-07 |
ABILITY Network
Minneapolis, Minnesota, United States ABILITY Network, Inc. is a information technology company helping providers and payers simplify the administrative and clinical complexities of healthcare through innovative applications and data analytics. ABILITY is headquartered in Minneapolis with principal offices in Boston and Tampa. |
Buy | - |
