Investment Summary |
|
|---|---|
| Date | 2021-01-05 |
| Target | FlashParking |
| Sector | Internet Software and Services |
| Investor(s) |
NewSpring Capital
Vista Equity Partners L Catterton Partners |
| Deal Type | Growth Capital |
| Advisor(s) | Evercore Group (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 154 of 201 |
| Sector: Internet Software and Services M&A | 13 of 15 |
| Type: Growth Capital M&A Deals | 77 of 106 |
| State: Texas M&A | 7 of 7 |
| Country: United States M&A | 152 of 197 |
| Year: 2021 M&A | 3 of 19 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-01 |
Airiam
Lewisburg, Pennsylvania, United States Airiam is an IT managed service provider focused on managed services, cybersecurity, incident response, hosted services, and custom development. Airiam is based in Lewisburg, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-29 |
Star2Star
Sarasota, Florida, United States Star2Star is a privately-held provider of full-spectrum, internally developed, cloud-native communications services delivered via a high availability, multi-tenant platform. Star2Star targets the value market segments in business communications, including mid-market and enterprise size customers, through solutions that enable digital transformation. Star2Star’s offerings include a comprehensive suite of voice, contact center, collaboration, integration, video meetings, Communications Platform as a Service (CPaaS), and Desktop as Service solutions that work on any device from PC’s to desk phones to mobile softphones, all accessible from anywhere. Star2Star was founded in 2006 and is based in Sarasota, Florida. |
Sell | $437M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 100.0B USD |
| Size | Mega |
| Type | Sector Focused |
Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 122 of 154 |
| Sector: Internet Software and Services M&A | 39 of 52 |
| Type: Growth Capital M&A Deals | 23 of 33 |
| State: Texas M&A | 22 of 24 |
| Country: United States M&A | 112 of 142 |
| Year: 2021 M&A | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-13 |
Pluralsight
Draper, Utah, United States Pluralsight is a provider of technical skill development solutions. The Company's cloud-based technology learning platform provides a broad range of tools, including skill assessments, a curated library of courses, learning paths, and business analytics. Pluralsight was formed in 2004 and is based in Draper, Utah. |
Buy | $3.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-19 |
Wrike
San Diego, California, United States Wrike provides a cloud-based collaborative work management platform that allows users to work within a single digital workspace. The Company’s platform integrates with numerous enterprise applications and enables teams, departments and whole organizations to plan, manage and collaborate on projects and tasks in real-time, resulting in more efficient processes and executive visibility. Wrike is based in San Diego, California. |
Sell | $2.3B |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 37.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
L Catterton is a private equity firm that targets investments in consumer-related companies located throughout North America. L Catterton looks for businesses with identifiable brands and operating in 'defensible and extensible' positions within growth industry segments. Specific sectors of interest include branded consumables, food/beverages, consumer services, restaurants, media and marketing, household durables, specialty retail, mass merchant retail, and luxury/apparel. Prospective transactions include management buyouts, recapitalizations, turnarounds, and growth financings. L Catterton was formed in 1990 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 180 of 223 |
| Sector: Internet Software and Services M&A | 7 of 11 |
| Type: Growth Capital M&A Deals | 75 of 91 |
| State: Texas M&A | 13 of 15 |
| Country: United States M&A | 113 of 134 |
| Year: 2021 M&A | 1 of 22 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-17 |
Inspired Pet Nutrition
Thirsk, United Kingdom Inspired Pet Nutrition is a pet food manufacturer based in North Yorkshire. IPN's Harringtons and Wagg brands, in addition to its value-added own label partnerships with the major grocers and pet specialty channels, combine to create an independent pet food platform . IPN works closely with farmers, suppliers, customers, nutritionists, and vets to supply high-quality, affordable pet food. Inspired Pet Nutrition was founded in Thirsk, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-28 |
JOTT
Marseille, France JOTT is an inclusive brand that has developed quickly by combining comfort and style without compromise. The brand's product designs are both functional and in line with today's versatile way of life, catering to all occasions, ages, and lifestyles. JOTT is distributed through 100 concept stores across France, Spain, Portugal, Benelux, Switzerland, and China and is present in more than 1,000 points of sales globally. JOTT has become the category champion in the light outerwear jacket segment in France and is on track to become an iconic global brand. JOTT was founded in 2010 and is based in Marseille, France. |
Buy | - |
