M&A Deal Summary |
|
|---|---|
| Date | 2023-06-26 |
| Target | Casetext |
| Sector | Software |
| Buyer(s) | Thomson Reuters |
| Sellers(s) | Bridge Investments |
| Deal Type | Add-on Acquisition |
| Deal Value | 650M USD |
| Advisor(s) | Marks Baughan (Financial) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1851 |
| Sector | Information Services |
| Employees | 25,600 |
| Revenue | 7.3B USD (2024) |
Thomson Reuters is an information source for businesses and professionals, delivering information to decision-makers in the financial and risk, legal, tax and accounting, intellectual property, and science and media markets. Thomson Reuters was formed in 1851 and is headquartered in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 59 |
| Sector: Software M&A | 11 of 13 |
| Type: Add-on Acquisition M&A Deals | 47 of 51 |
| State: California M&A | 5 of 5 |
| Country: United States M&A | 32 of 34 |
| Year: 2023 M&A | 1 of 2 |
| Size (of disclosed) | 5 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-04 |
Elite
New York, New York, United States Elite is a provider of integrated practice and financial management systems for professional service firms worldwide. It provides billing systems for the legal industry to deliver a variety of products and consulting services to other professional service markets, including accounting, engineering, marketing and management and IT consulting. Elite is based in New York, New York. |
Sell | $500M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-28 |
Imagen
Cambridge, United Kingdom Imagen is a cloud-native media asset management company that helps sports organizations, businesses, and media companies manage their digital content libraries with fast, secure, and controlled access through a highly customizable media management and distribution platform. It also owns Screenocean, a platform that provides production companies and others the ability to license video and photo content from around the world. Imagen is based in Cambridge, United Kingdom. |
Buy | - |
Bridge Investments is a private investment firm focused on growth companies. The Firm has the flexibility to invest at any stage of a business’s growth cycle, from seed or Series A investments to majority investments in mature growth companies seeking liquidity and support in advancing to the next level. Areas of focus include tech, tech-enabled services, SaaS, consumer, and health/wellness. Bridge Investments was established in 1998 and is headquartered in Highland Park, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 5 of 6 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 7 of 8 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-22 |
Automotus
Los Angeles, California, United States Automotus provides first-of-its-kind automated curb management solutions to help reduce emissions, congestion and safety hazards in our communities. Automotus was founded in 2017 and is based in Los Angeles, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-08 |
Simple Mills
Chicago, Illinois, United States Simple Mills offers more than 30 baking mixes, crackers, cookies, bars and frostings that are free of gluten, grain, dairy, soy, GMOs, excessive sugar, gums, emulsifiers, and anything artificial. All products are made exclusively with real, whole-food ingredients like nutrient-dense almond flour, unrefined coconut sugar and sprouted seeds that work hard for the body in every bite while delivering taste that regularly earns five-star ratings from customers. Simple Mills was founded in 2012 and is based in Chicago, Illinois. |
Sell | $795M |
