Investment Summary

Exits Deltek

On November 1, 2007, invested in software company Deltek from New Mountain Capital

Investment Highlights
  • This is transaction in the Software sector.
  • This is transaction in the United States.
  • This is transaction in Virginia.
Investment Fate
  • Deltek was sold to a consortium of financial buyers in 2012 for 1.1B USD.
  • Deltek was sold to a publicly-traded strategic buyer in 2016 for 2.8B USD.

Investment Summary

Date 2007-11-01
Target Deltek
Sector Software
Sellers(s) New Mountain Capital
Deal Type IPO

Target

Deltek

Herndon, Virginia, United States
website
Deltek's corporate headquarters in Herndon, Virginia.
Deltek's corporate headquarters in Herndon, Virginia.
Deltek, Inc. is a provider of enterprise applications software designed specifically for project-focused businesses. The Company's software applications enables organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. Deltek is based in Herndon, Virginia.

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Seller(S) 1

SELLER

New Mountain Capital

New York, New York, United States

website


Category Private Equity Firm
Founded 2000
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.


DEAL STATS #
Overall 3 of 41
Sector (Software) 1 of 6
Type (IPO) 2 of 5
State (Virginia) 1 of 3
Country (United States) 2 of 38
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 Oakleaf Global Holdings

East Hartford, Connecticut, United States

Oakleaf Global Holdings, Inc. is a technology-enabled services company that dominates a uniquely attractive niche within two large and economically defensive industries: environmental services and facilities management.

Buy $655M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-30 National Medical Health Card Systems

Port Washington, New York, United States

National Medical Health Card Systems, Inc. is one of the nations leading providers of pharmacy benefit management services. Established in 1981, the Company has a particular emphasis on the small and middle market customer segment, with notable strengths in the areas of customer service, cost containment and fair reporting.

Sell $143M