Investment Summary |
|
|---|---|
| Date | 2008-09-01 |
| Target | Earth Networks |
| Sector | Information Technology |
| Investor(s) |
Polaris Partners
HarbourVest Partners Patriot Capital |
| Deal Type | Venture |
SEARCH BY
| Category | Growth Capital Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Polaris Partners is primarily a seed, first round, and early stage venture capital investor in information technology and life science businesses. However, Polaris also focuses on private equity investments in established companies. In this area, Polaris targets high growth middle market companies in industries including technology, healthcare, digital media, consumer products and services, and business services. The firm's investments include minority growth equity investments, recapitalizations with liquidity, and leveraged buyouts. Polaris Partners was formed in 1996 and has offices in Seattle, Washington and Waltham, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 87 |
| Sector: Information Technology M&A | 4 of 11 |
| Type: Venture M&A Deals | 9 of 57 |
| State: Maryland M&A | 2 of 2 |
| Country: United States M&A | 17 of 78 |
| Year: 2008 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-26 |
PartsSource
Aurora, Ohio, United States PartsSource is a provider of proprietary software solutions related to the acquisition and life cycle management of medical repair parts. PartsSource has been recognized by clinical engineers and healthcare executives alike for its unique ePartsFinder application for its ability to increase department efficiencies while reducing costs through its award-winning SmartPrice technology. PartsSource was founded in 2001 and is based in Aurora, Ohio. |
Buy | $50M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-01-09 |
National Electronic Attachment
Norcross, Georgia, United States National Electronic Attachment, Inc (NEA) is an electronic attachment clearinghouse, which allows dentists to transmit attachments, via the Internet, for payors to view in support of electronic claims. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 74 of 214 |
| Sector: Information Technology M&A | 11 of 24 |
| Type: Venture M&A Deals | 15 of 21 |
| State: Maryland M&A | 2 of 3 |
| Country: United States M&A | 44 of 130 |
| Year: 2008 M&A | 12 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-29 |
Servista
London, United Kingdom Servista Ltd. provides commodity utility services for retail and banking institutions. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-03 |
Veriato
Vero Beach, Florida, United States Veriato develops, markets and supports PC and Internet monitoring and surveillance products for business, education, government, and home users, including Spector Pro, eBlaster, Spector for Mac, Spector CNE Investigator and Spector 360. Veriato was formed in 1998 and is based in Vero Beach, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Size | Large |
| Type | Sector Agnostic |
Patriot Capital is a private investment firm that provides equity and junior capital to support acquisitions, growth capital financings, management buyouts, and recapitalizations of middle-market companies. The Firm looks to invest $5 to $25 million in businesses generating revenues of $10 to $200 million. Areas of interest include business and consumer services, consumer products, niche manufacturing and distribution, education, e-commerce, application software, transportation, and telecom services. Patriot focuses its investment activity with the Mid-Atlantic, Midwest, and Southern areas of the US. Patriot Capital is based in Baltimore, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 112 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Venture M&A Deals | 2 of 2 |
| State: Maryland M&A | 3 of 6 |
| Country: United States M&A | 23 of 112 |
| Year: 2008 M&A | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-21 |
AWS Convergence Technologies
Germantown, Maryland, United States AWS Convergence Technologies, Inc., which operates under the brand name Weatherbug, owns and operates the largest network of weather stations in the world. This live network gathers comprehensive, up-to-the-second weather information from more than 6,200 communities and powers the company's various products and services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-14 |
R&H Supply
Broussard, Louisiana, United States R&H Supply Inc. provides distribution and logistics support to the operations of land-based natural gas and oil drilling rigs in major US drilling regions and to offshore rigs in the Gulf Coast region. From the Company’s ten locations, it is a value-added distributor of expendables, consumables, lubricants, tools, and general products to remote rigs owned and operated by contract drillers. |
Buy | - |
