M&A Deal Summary

JMI Equity Acquires Halogen Software

On July 8, 2008, private equity firm JMI Equity acquired internet software and services company Halogen Software

Acquisition Highlights
  • This is JMI Equity’s 9th transaction in the Internet Software and Services sector.
  • This is JMI Equity’s 5th transaction in Canada.
  • This is JMI Equity’s 4th transaction in Ontario.
Investment Fate
  • Halogen Software went public in 2013.
  • Halogen Software was sold to a strategic buyer in 2017.

M&A Deal Summary

Date 2008-07-08
Target Halogen Software
Sector Internet Software and Services
Buyer(s) JMI Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Halogen Software

Ottawa, Ontario, Canada
website
Halogen Software, Inc. is a provider of cloud-based employee performance and talent management software.

Search 195,563 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

JMI Equity

La Jolla, California, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1992
PE ASSETS 7.5B USD
Size Mega
Type Sector Focused
DESCRIPTION

JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $10 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.


DEAL STATS #
Overall 51 of 126
Sector (Internet Software and Services) 9 of 40
Type (Buyout (LBO, MBO, MBI)) 19 of 23
State (Ontario) 4 of 8
Country (Canada) 5 of 12
Year (2008) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-07 Gemcom Software International

Vancouver, British Columbia, Canada

Gemcom Software International, Inc. is a global supplier of specialized mining productivity solutions.

Buy $180M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-29 Capsule Technologies

Andover, Massachusetts, United States

Capsule Technologies, Inc. is a provider of medical device connectivity solutions for hospitals. Capsule integrates with clinical information systems to capture more data, reduce manual efforts and cost, and improve patient care. Capsule Technologies, Inc. was founded in 1997 and is based in Andover, Massachusetts.

Buy -