M&A Deal Summary |
|
|---|---|
| Date | 1999-05-01 |
| Target | Blackboard |
| Sector | Software |
| Buyer(s) |
The Carlyle Group
Needham Capital Partners Oak Hill Capital |
| Deal Type | Buyout (LBO, MBO, MBI) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 435.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 750 |
| Sector: Software M&A | 2 of 57 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 16 of 221 |
| State: Virginia M&A | 3 of 25 |
| Country: United States M&A | 21 of 350 |
| Year: 1999 M&A | 3 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-01 |
Anyday.com
Cambridge, Massachusetts, United States Anyday.com provided time sensitive communications, commerce and media services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-27 |
Empi
St. Paul, Minnesota, United States Empi was a medical device companies for rehabilitative medicine in the U.S. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Needham Capital Partners is the private equity affiliate of mid-market investment bank Needham & Company. Needham Capital targets investments in clean technology, communications, consumer, financial services, healthcare, semiconductor, enterprise software/storage, networking, and industrial service companies. The Firm prefers to act as the lead investor and has a target investment size of $2 to $10 million. Investment proceeds are typically used to finance growth, or fund management buyouts/recapitalizations. Prospective companies are generally located in the US. Needham Capital Partners is based in New York City, with additional offices in Boston, Menlo Park, and San Francisco.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 53 |
| Sector: Software M&A | 4 of 14 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 11 of 21 |
| State: Virginia M&A | 1 of 2 |
| Country: United States M&A | 17 of 53 |
| Year: 1999 M&A | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-04-28 |
Rapid Logic
Alameda, California, United States Rapid Logic, Inc. develops software products and services that enable embedded network device vendors to offer configuration, management and monitoring capabilities of their products in an open systems environment. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-05 |
CoWare
San Jose, California, United States CoWare, Inc., is a supplier of software and services for electronic systems design and develops system-on-a-chip EDA software for the semiconductor industry. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 9.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Oak Hill Capital Partners was originally formed as the private equity investment vehicle for Robert Bass and in 1999, opened up to outside investors and raised its first private equity fund. Oak Hill looks to invest in middle-market companies and focuses its efforts within six industry groups. The six groups include basic industries; business and financial services; consumer, retail, and distribution; healthcare; media and telecom; and technology. Oak Hill targets businesses with defensible business models, strong market positions, and 'best-in-class' management. Oak Hill Capital was formed in 1986 and has offices in Stamford, Connecticut; Menlo Park, California; and New York City.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 80 |
| Sector: Software M&A | 1 of 3 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 3 of 20 |
| State: Virginia M&A | 1 of 1 |
| Country: United States M&A | 3 of 73 |
| Year: 1999 M&A | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-04-01 |
MeriStar Investment Partners Lessee
Washington, District of Columbia, United States MeriStar Investment Partners Lessee, L.P. is a joint venture among MeriStar Hospitality Corporation, Interstate Hotels & Resorts, and Oak Hill Capital Partners. The portfolio includes several properties under the brand names Embassy Suites, Hilton, Marriott, and Sheraton. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-08-09 |
American Skiing Co.
Park City, Utah, United States American Skiing Company is an operator of alpine ski, snowboard and golf resorts in the U.S. |
Buy | - |