M&A Deal Summary |
|
|---|---|
| Date | 2007-06-05 |
| Target | Seismic Micro-Technology |
| Sector | Software |
| Buyer(s) |
TCV
JMI Equity |
| Deal Type | Recapitalization |
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Technology Crossover Ventures (TCV) is a private equity and venture capital firm focused on investments in growth technology companies. TCV looks to provide capital for growth, recapitalizations, acquisitions, and buyouts of technology companies in sectors such as internet, financial technology, infrastructure & communications, and software. TCV targets opportunities in North America and looks to commit between $10 and $500 million of equity capital per transaction. TCV was formed in 1995 and is based in Palo Alto, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 85 |
| Sector: Software M&A | 14 of 24 |
| Type: Recapitalization M&A Deals | 1 of 2 |
| State: Texas M&A | 5 of 8 |
| Country: United States M&A | 31 of 70 |
| Year: 2007 M&A | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-01 |
TechTarget
Newton, Massachusetts, United States TechTarget is a provider of purchase intent-driven marketing and sales services that deliver business impact for enterprise technology companies. TechTarget offers the targeted media for enterprise IT professionals, including invitation-only conferences, e-mail newsletters, Webcasts, Storage magazines, and the only network IT Web sites targeted to specific segments of the IT market. TechTarget attracts and nurtures communities of technology buyers researching their companies’ information technology needs. TechTarget creates the purchase intent insights that fuel-efficient and effective marketing and sales activities for clients around the world. TechTarget has offices in Boston, London, Munich, New York, Paris, San Francisco, Singapore, and Sydney. TechTarget was founded in 1999 and is based in Newton, Massachusetts. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-01 |
Embanet
Toronto, Ontario, Canada Embanet is an integrated, full service partner of non-profit institutions that provides online program design and development, marketing, enrollment and technology support. The company works with clients to effectively deliver technology support services to maximize their students' academic success and program completion. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 7.5B USD |
| Size | Mega |
| Type | Sector Focused |
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 $25 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 130 |
| Sector: Software M&A | 27 of 55 |
| Type: Recapitalization M&A Deals | 1 of 2 |
| State: Texas M&A | 4 of 9 |
| Country: United States M&A | 39 of 114 |
| Year: 2007 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-28 |
Mitchell
San Diego, California, United States Mitchell is a provider of information, workflow, and performance management solutions to the automotive insurance claims and collision repair industries. Mitchell was founded in 1946 and is based in San Diego, California. |
Sell | $500M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-06-25 |
ClearOrbit
Austin, Texas, United States ClearOrbit, Inc. is a provider of supply chain execution (SCE) solutions to manufacturing and distribution companies. |
Sell | $21M |
