M&A Deal Summary |
|
|---|---|
| Date | 2021-08-02 |
| Target | RiskSense |
| Sector | Software |
| Buyer(s) | Ivanti |
| Sellers(s) |
Spring Mountain Capital
Paladin Capital Group Sun Mountain Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Momentum Cyber (Financial) Fenwick & West (Legal) |
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Ivanti is a provider of IT systems management, security management, and service management services. By integrating and automating critical IT tasks, Ivanti helps IT organizations successfully automate and secure the digital workplace. Ivanti is based in South Jordan, Utah.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Software) | 5 of 5 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (California) | 4 of 4 |
| Country (United States) | 6 of 6 |
| Year (2021) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-26 |
Cherwell Software
Colorado Springs, Colorado, United States Cherwell Software LLC is an IT and enterprise service management, Cherwell Software empowers IT to lead through the use of powerful and intuitive technology that enables better, faster, and more affordable innovation. The Cherwell® Service Management platform is built from the ground up with a unique codeless architecture that enables rapid time to value, infinite flexibility, and frictionless upgrades every time—at a fraction of the cost and complexity of legacy solutions. Cherwell Software was founded in 2004 and is based in Colorado Springs, Colorado. |
Buy | - |
Spring Mountain Capital is a growth capital firm focused on providing expansion capital to tech-enabled companies across North America. The Firm looks to invest in earlier stage companies ($2 to $10 million of revenue) with high growth rates, proven products/services, and a path to profitability. Spring Mountain generally looks to commit $5 to $15 million per transaction. Spring Mountain Capital was formed in 2001 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 20 |
| Sector (Software) | 1 of 2 |
| Type (Add-on Acquisition) | 14 of 18 |
| State (California) | 3 of 3 |
| Country (United States) | 16 of 20 |
| Year (2021) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-02 |
Home Captain
Brooklyn, New York, United States Home Captain offers a web and mobile MLS-integrated home search app, an AI-powered chatbot, multiple world-class real estate concierge services, portfolio retention services, and a patent-pending agent matching technology. Home Captain was founded in 2013 and is based in Brooklyn, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-15 |
Hurel
North Brunswick Township, New Jersey, United States Hurel uses cell biology and microfluidics in a “chip” to help drug companies predict pre-clinically the drug candidates with the best chances of winning FDA approval. Hurel was founded in 2005 and is based in North Brunswick Township, New jersey. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Focused |
Paladin Capital Group is a growth capital firm focused on early and expansion stage businesses related to homeland security, defense, and business continuity. Specific areas of interest include identity management, antimicrobial solutions, mesh networks, IT services, data storage, business process software, network management software and detection, biometrics, and protective equipment. Paladin Capital Group was formed in 2001 and is headquartered in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 40 |
| Sector (Software) | 8 of 9 |
| Type (Add-on Acquisition) | 25 of 28 |
| State (California) | 12 of 13 |
| Country (United States) | 32 of 34 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-06 |
Nisos
Alexandria, Virginia, United States Nisos is a provider of cybersecurity and threat defense services, spanning both inside-the-network and outside-the-network engagements. The Company provides a suite of high-touch “active defense” services that assist enterprises in (i) protecting assets, (ii) informing corporate strategy, and (iii) defending against an evolving threat landscape. Nisos was founded in 2015 and is based in Alexandria, Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-24 |
Semperis
Hoboken, New Jersey, United States Semperis is a pioneer in identity-driven cyber resilience for enterprises, With its multi-layered defense approach before, during, and after an attack, Semperis offers the industry’s most comprehensive security technology for hybrid AD and other identity systems, combined with incident response expertise. Semperis was founded in 2015 and is headquartered in Hoboken, New Jersey. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| Size | Small |
| Type | Sector Agnostic |
Sun Mountain Capital is a provider of fund investment advisory services as well as a direct investor. Sun Mountain's advisory practice develops customized private equity programs for institutional investors while the Firm's direct investment program looks to commit $250k to $10 million of capital for a variety of situations. Sun Mountain looks to be an active/hands-on investor. Sun Mountain Capital was formed in 2006 and is based in Santa Fe, New Mexico.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector (Software) | 3 of 3 |
| Type (Add-on Acquisition) | 7 of 7 |
| State (California) | 2 of 2 |
| Country (United States) | 8 of 8 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-18 |
Exagen
Vista, California, United States Exagen is a patient-focused, discovery-driven, CLIA-certified, CAP-accredited laboratory focused on providing physicians with products that address the significant unmet need for accurate and timely diagnosis, prognosis and monitoring of ARD/CTD. Exagen was founded in 2002 and is based in Vista, California. |
Sell | - |
