Investment Summary

River Cities Capital Funds and SSM Partners Invest In DialogTech

On December 28, 2010, venture capital firm River Cities Capital Funds and growth capital firm SSM Partners invested in internet software and services company DialogTech

Investment Highlights
  • This is River Cities Capital Funds’ 2nd and SSM Partners’ 3rd transaction in the Internet Software and Services sector.
  • This is River Cities Capital Funds’ 5th and SSM Partners’ 16th transaction in the United States.
  • This is River Cities Capital Funds’ 1st and SSM Partners’ 1st transaction in Illinois.
Investment Fate
  • DialogTech was sold to a strategic buyer in 2021.

Investment Summary

Date 2010-12-28
Target DialogTech
Sector Internet Software and Services
Investor(s) River Cities Capital Funds
SSM Partners
Deal Type Venture

Target

DialogTech

Chicago, Illinois, United States
DialogTech is an operator of voice-channel management platform providing insights on customer calls to data-driven organizations. DialogTech was founded in 2005 and is based in Chicago, Illinois.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor
DESCRIPTION

River Cities Capital Funds is a growth equity investment firm focused on healthcare services and information technology companies. River Cities seeks to invest $5 to $15 million in companies with at least $5 million in revenue. The Firm generally targets companies that pursue large, established markets with disruptive, “better, faster, cheaper” solutions. River Cities Capital Funds was established in 1994 and is headquartered in Cincinnati, Ohio.


DEAL STATS #
Overall 5 of 20
Sector: Internet Software and Services M&A 2 of 3
Type: Venture M&A Deals 4 of 13
State: Illinois M&A 1 of 1
Country: United States M&A 5 of 20
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Accelecare Wound Centers

Bellevue, Washington, United States

Accelecare Wound Centers, Inc. is a wound care and disease management company focused on providing full service wound management solutions to hospitals and related health care organizations across the United States. Accelecare Wound Centers was formed in 2007 and is based in Bellevue, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-07 SurgiQuest

Milford, Connecticut, United States

SurgiQuest is a developer, manufacturer and marketer of access technologies for minimally invasive surgery equipment. SurgiQuest was formed in 2005 and is based in Milford, Connecticut.

Buy -
Investor

SSM Partners

Memphis, Tennessee, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

SSM Partners is a private equity firm that targets investments in smaller, rapidly growing, private companies based in the Southeast US. Areas of interest include business/outsourcing services, healthcare and consumer services. SSM focuses on transactions requiring $10 to $30 million of equity. Prospective transactions include growth financings, acquisitions, management led buyouts, and recapitalizations. SSM will also consider early-stage opportunities. SSM Partners is based in Memphis, Tennessee.


DEAL STATS #
Overall 16 of 29
Sector: Internet Software and Services M&A 3 of 6
Type: Venture M&A Deals 8 of 13
State: Illinois M&A 1 of 2
Country: United States M&A 16 of 29
Year: 2010 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-31 Unifyr

Cary, North Carolina, United States

Unifyr is a provider of technology platform for channel sales and boosts marketing impact, a complete channel marketing success framework and global customer care. Unifyr was founded in 2006 and is based in Cary, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-31 AWL

Austin, Texas, United States

AWL is a provider of online marketing services to the insurance industry, leveraging a network of owned and affiliated websites to generate qualified consumer quote inquiries for their licensed agent, broker and carriers clients. AWL was founded in 2005 and is based in Austin, Texas.

Sell $112M