Buyout (LBO, MBO, MBI) • Software

K1 Investment Management Acquires Subsplash

On January 1, 2019, growth capital firm K1 Investment Management acquired software company Subsplash

Acquisition Context
  • This is K1 Investment Management’s 8th transaction in the Software sector.
  • This is K1 Investment Management’s 16th transaction in the United States.
  • This is K1 Investment Management’s 1st transaction in Texas.
Investment Fate
  • Subsplash was sold to a publicly-traded strategic buyer in 2025.

Explore All 959 Buyout (LBO, MBO, MBI) Software Deals - Search the Database Free


M&A Deal Summary

Date January 1, 2019
Target Subsplash
Sector Software
Buyer(s) K1 Investment Management
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Subsplash

Dallas, Texas, United States
Subsplash is a provider of innovative technology and engagement tools for churches. The company serves churches in the U.S. with a suite of engagement tools through The Ultimate Engagement Platform™, which includes mobile apps, digital giving, websites, media delivery, and more. Subsplash was founded in 2005 and is based in Dallas, Texas.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

DESCRIPTION

K1 Investment Management, LLC is a West Coast US-based private equity firm investing in high-growth private companies across North America. The Firm has a special interest in enterprise software companies and looks to provide meaningful strategic and operational guidance when working with portfolio companies. K1 Investment Management was established in 2011 and is headquartered in El Segundo, California.


Deal Context for Buyer #
Overall 18 of 51
Sector: Software 8 of 25
Type: Buyout (LBO, MBO, MBI) 6 of 6
State: Texas 1 of 3
Country: United States 16 of 35
Year: 2019 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-26 Actiance

Redwood City, California, United States

Actiance, Inc. engages in communications compliance, archiving, and analytics. Actiance provides compliance across the broadest set of communications and social channels with insights on what’s being captured. Actiance customers manage over 500 million daily conversations across 80 channels and growing. Actiance was founded in 1998 and is based in Redwood City, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 Onit

Houston, Texas, United States

Onit is a provider of enterprise workflow solutions including enterprise legal management, contract management, and business process automation. With a focus on enterprise legal management, matter management, spend management, contract management, and legal holds, we operate globally and help transform the way Fortune 500 companies and billion dollar legal departments bridge the gap between systems of record and systems of engagement. Onit was founded in 2010 and is based in Houston, Texas.

Buy -