M&A Deal Summary |
|
|---|---|
| Date | 2005-11-11 |
| Target | Serena |
| Sector | Software |
| Buyer(s) |
Silver Lake
Integral Capital Partners Stockwell Capital HarbourVest Partners |
| Deal Type | Going Private |
| Deal Value | 1.2B USD |
| Advisor(s) | Morgan Stanley (Financial) Wilson Sonsini Goodrich & Rosati (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 104.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 137 |
| Sector: Software M&A | 3 of 27 |
| Type: Going Private M&A Deals | 3 of 17 |
| State: California M&A | 3 of 36 |
| Country: United States M&A | 10 of 97 |
| Year: 2005 M&A | 5 of 6 |
| Size (of disclosed) | 22 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-09-01 |
TD Ameritrade Holding
Omaha, Nebraska, United States TD Ameritrade Holding Corp. is a provider of securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors. TD Ameritrade provides its services predominantly through the Internet, a national branch network and relationships with RIAs. TD Ameritrade was established in 1971 and is based in Omaha, Nebraska. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-12-05 |
Equinox Fitness
New York, New York, United States Equinox Fitness is an operator of full-service high end fitness clubs, operating 50 clubs and yoga studios in eight metropolitan areas across the country. As an internationally recognized arbiter of luxury, Equinox offers members unparalleled, bespoke experiences in the fields of movement, nutrition and regeneration, and remains grounded by substance but elevated in style. Equinox Fitness is based in New York City. |
Buy | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 1991 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Integral Capital Partners operates as a group of partnerships that invests in expansion-stage private and growth-stage public companies in the information and life sciences industries. Within information sciences, Integral focuses on communications-centric computing, real-time computing, and mobility. Within life sciences, Integral targets companies that deal in emerging medical technologies and healthcare information systems. The Firm operates in partnership with the venture capital firm Kleiner Perkins Caufield and Byers, which incubated the Firm in 1991, as well as private equity firm Silver Lake Partners. Integral Capital Partners is based in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 35 |
| Sector: Software M&A | 5 of 6 |
| Type: Going Private M&A Deals | 3 of 3 |
| State: California M&A | 13 of 23 |
| Country: United States M&A | 22 of 34 |
| Year: 2005 M&A | 3 of 3 |
| Size (of disclosed) | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-09-29 |
E.piphany
San Mateo, California, United States Analytic and Operational Customer Relationship Management Software. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-11-16 |
Datasweep
San Jose, California, United States Manufacturing Execution System and Quality Management Software. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Stockwell Capital is a co-investment firm, focused on making minority investments alongside private equity sponsors. Stockwell is a generalist investor, with no sector preferences and looks to commit $3 to $10 million per investment. The Firm will consider opportunities throughout the US and Europe and prefers late-stage or growth equity situations. Stockwell Capital was formed in 2002 and is based in Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 44 |
| Sector: Software M&A | 1 of 2 |
| Type: Going Private M&A Deals | 2 of 12 |
| State: California M&A | 1 of 6 |
| Country: United States M&A | 12 of 35 |
| Year: 2005 M&A | 6 of 6 |
| Size (of disclosed) | 18 of 27 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-11-04 |
Grupo Corporativo ONO S.A.
Madrid, Spain Grupo Corporativo ONO S.A. is a broadband service provider. It offers direct access telephony, pay television and internet access services to the residential market where, ONO offers advanced voice, data and value-added services across its own high capacity local access and national backbone networks. |
Buy | €2.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-02-01 |
Contech Engineered Solutions
West Chester, Ohio, United States Contech Engineered Solutions is a provider of engineering and site solutions for the residential, commercial and infrastructure markets. The company's primary end markets are the US infrastructure, commercial and residential construction markets. Contech Engineered Solutions was formed in 1986 and is based in West Chester, Ohio. |
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 | 28 of 214 |
| Sector: Software M&A | 5 of 26 |
| Type: Going Private M&A Deals | 2 of 26 |
| State: California M&A | 2 of 15 |
| Country: United States M&A | 19 of 130 |
| Year: 2005 M&A | 10 of 11 |
| Size (of disclosed) | 36 of 61 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-11-01 |
CIFC
New York, New York, United States CIFC is a premier corporate credit asset management business, combining the best credit practices of banks and asset managers, with $6.2 billion in AUM across 14 CLOs and other funds. CIFC is a proactive, fundamentals-based manager with best-in-class processes and controls, high transparency to investors and a proprietary credit technology platform. CIFC is an SEC-registered investment adviser. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-12-01 |
VCST Industrial Products N.V.
St.-Truiden, Belgium VCST Industrial Products N.V. is a designer and producer of precision gears for engines and transmissions, transmission shafts and brake system components, for cars, trucks as well as off-road vehicles. |
Buy | €161M |
