Investment Summary

Morgan Stanley Expansion Capital and Morgan Stanley Tactical Value Investing Invest In Lifetime Value

On December 17, 2020, growth capital firm Morgan Stanley Expansion Capital and private equity firm Morgan Stanley Tactical Value Investing invested in information technology company Lifetime Value

Investment Highlights
  • This is Morgan Stanley Expansion Capital’s 6th and Morgan Stanley Tactical Value Investing’s 2nd transaction in the Information Technology sector.
  • This is Morgan Stanley Expansion Capital’s 29th and Morgan Stanley Tactical Value Investing’s 9th transaction in the United States.
  • This is Morgan Stanley Expansion Capital’s 2nd and Morgan Stanley Tactical Value Investing’s 2nd transaction in New York.

Investment Summary

Date 2020-12-17
Target Lifetime Value
Sector Information Technology
Investor(s) Morgan Stanley Expansion Capital
Morgan Stanley Tactical Value Investing
Deal Type Growth Capital

Target

Lifetime Value

New York, New York, United States
Lifetime Value is an information services technology platform comprising a portfolio of brands that provide easy access to information to help make all of life’s decisions, big and small. LTV’s brands include best-in-class web-based and mobile products that put the power of data into the hands of customers. Lifetime Value was founded in 2007 and is based in New York, New York.

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Investor(S) 2

DESCRIPTION

Morgan Stanley Expansion Capital is a division of Morgan Stanley that looks to make growth equity and credit investments in expanding companies operating in the healthcare, digital media, e-commerce, consumer and business services sectors. The unit will consider opportunities throughout North America and Western Europe and primarily targets companies with established products/services looking to scale. Morgan Stanley Expansion Capital is headquartered in New York City.


DEAL STATS #
Overall 34 of 48
Sector: Information Technology M&A 6 of 9
Type: Growth Capital M&A Deals 16 of 21
State: New York M&A 2 of 5
Country: United States M&A 29 of 40
Year: 2020 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-26 DataGuard

Munich, Germany

DataGuard helps process and monetize data in a way that is transparent and fully in line with the latest regulations. DataGuard was founded in 2017 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 airSlate

Brookline, Massachusetts, United States

airSlate is a global SaaS technology company that serves tens of millions of users worldwide with its no-code business process automation and document management solutions. The company's PDF editing, e-signature workflow, and business process automation solutions empower users to digitally transform their businesses to run faster and easier. airSlate, pdfFiller, signNow, and USLegal make up the company's portfolio of award-winning products. airSlate was founded in 2006 and is based in Brookline, Massachusetts.

Buy -
DESCRIPTION

Morgan Stanley Tactical Value Investing is an opportunistic investment group within Morgan Stanley focused on flexible capital solutions across asset classes, sectors, and geographies. The group will consider a variety of investment solutions including preferred equity, asset-backed loans, recapitalizations, PIPEs, and junior/senior debt. Morgan Stanley Tactical Value Investing is headquartered in New York City.


DEAL STATS #
Overall 12 of 15
Sector: Information Technology M&A 2 of 3
Type: Growth Capital M&A Deals 3 of 3
State: New York M&A 2 of 2
Country: United States M&A 9 of 12
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-10 Unipharma

Tamarac, Florida, United States

Unipharma is a healthcare packaging business that assists pharma and nutraceutical companies in the development, manufacturing and packaging of liquid, disposable, single-dosage units using “blow-fill-seal” (BFS) technology. Unipharma is based in Tamarac, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-21 Nivel Parts & Manufacturing

Jacksonville, Florida, United States

Nivel Parts & Manufacturing is an independent manufacturer and distributor of aftermarket golf car replacement parts and accessories. Nivel Parts & Manufacturing was founded in 1968 and is based in Jacksonville, Florida.

Buy -