M&A Deal Summary |
|
|---|---|
| Date | 2021-09-30 |
| Target | Pathwire |
| Sector | Software |
| Buyer(s) | Sinch |
| Sellers(s) | Thoma Bravo |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.9B USD |
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| Category | Company |
|---|---|
| Founded | 2008 |
| Sector | Internet Software and Services |
| Employees | 1,716 |
| Revenue | 8.0B SEK (2020) |
Sinch brings businesses and people closer with tools enabling personal engagement. Its cloud communications platform lets businesses reach every mobile phone on the planet, in seconds or less, through mobile messaging, voice, and video. Sinch is a trusted software provider to mobile operators, and its platform powers business-critical communications for many companies. Sinch was formed in 2008 and is based in Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector (Software) | 1 of 1 |
| Type (Add-on Acquisition) | 7 of 7 |
| State (Texas) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2021) | 3 of 3 |
| Size (of disclosed) | 1 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-09 |
MessageMedia
Melbourne, Australia Message4u Pty Ltd. is a global messaging provider that helps businesses of all sizes -- from SMBs to enterprise-level -- better connect with customers. Message4u is based in Melbourne, Australia. |
Buy | $1.3B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 59 of 72 |
| Sector (Software) | 27 of 32 |
| Type (Add-on Acquisition) | 27 of 33 |
| State (Texas) | 9 of 10 |
| Country (United States) | 56 of 67 |
| Year (2021) | 7 of 9 |
| Size (of disclosed) | 8 of 22 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-14 |
HCSS
Sugar Land, Texas, United States HCSS is a provider of fleet management software for estimating, field entry, project management, safety, digital plans, 3-D drone imaging, fleet management, and telematics. HCSS has helped improve operations for over 3,500 companies ranging from $1M to billions in revenue across the United States and Canada. HCSS was founded in 1986 and is based in Sugar Land, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-02 |
T2 Systems
Indianapolis, Indiana, United States T2 Systems is a provider of unified SaaS (Software as a Service) parking management solutions. T2 Systems's comprehensive portfolio of services includes solutions that help organizations manage parking permits, citations, gated parking facilities, and special events. T2 Systems was established in 1994 and is based in Indianapolis, Indiana. |
Sell | $356M |
