Investment Summary |
|
|---|---|
| Date | 2012-02-01 |
| Target | iPipeline |
| Sector | Internet Software and Services |
| Investor(s) |
NewSpring Capital
TCV |
| Deal Type | Stake Purchase |
| Deal Value | 71M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.7B 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 | 63 of 184 |
| Sector (Internet Software and Services) | 4 of 15 |
| Type (Stake Purchase) | 1 of 1 |
| State (Pennsylvania) | 23 of 42 |
| Country (United States) | 62 of 180 |
| Year (2012) | 2 of 10 |
| Size (of disclosed) | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-17 |
Emtec
Jacksonville, Florida, United States Emtec provides information technology (IT) services and products to the federal, state, and local government, education, and commercial markets. It helps clients identify and prioritize areas for improvement and then implement the process, technology, and business application improvements that reduce costs, improve service and align the delivery of IT with the needs of their organizations. Emtec was founded in 1964 and is based in Jacksonville, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-04-03 |
FirstBest Systems
Bedford, Massachusetts, United States FirstBest Systems, Inc. is a provider of insurance software solutions that help insurance companies improve underwriting profitability, scale their business and achieve high service levels with agents, across the enterprise. |
Buy | - |
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 $30 and $300 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 | 57 of 81 |
| Sector (Internet Software and Services) | 12 of 25 |
| Type (Stake Purchase) | 3 of 4 |
| State (Pennsylvania) | 2 of 2 |
| Country (United States) | 50 of 69 |
| Year (2012) | 2 of 3 |
| Size (of disclosed) | 8 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-01 |
Genesys
Menlo Park, California, United States Genesys is a provider of customer engagement software to large enterprises around the globe. The Company empowers its customers to create omni-channel customer experiences, journeys, and relationships. Genesys was founded in 1990 and is based in Menlo Park, California. |
Buy | €1.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-22 |
ExactTarget
Indianapolis, Indiana, United States ExactTarget, Inc. is a provider of on-demand email marketing software solutions. The company’s suite of on-demand one-to-one marketing applications enable clients to send business-critical and event triggered communications to increase sales, optimize marketing investments and strengthen customer relationships. |
Sell | - |
