M&A Deal Summary

ABB Acquires Ventyx

On May 3, 2010, ABB acquired information technology company Ventyx from Vista Equity Partners for 1.0B USD

Acquisition Highlights
  • This is ABB’s 1st transaction in the Information Technology sector.
  • This is ABB’s 4th largest (disclosed) transaction.
  • This is ABB’s 3rd transaction in the United States.
  • This is ABB’s 1st transaction in Georgia.

M&A Deal Summary

Date 2010-05-03
Target Ventyx
Sector Information Technology
Buyer(s) ABB
Sellers(s) Vista Equity Partners
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Ventyx

Atlanta, Georgia, United States
Ventyx, Inc. was a provider of software solutions, data and related services to the energy, utility and other asset-intensive industries.

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Buyer(S) 1

Buyer

ABB

Zurich, Switzerland

Category Company
Founded 1883
Sector Engineering
Employees108,700
Revenue 32.2B USD (2023)
DESCRIPTION
Entrance to ABB's headquarters in Zurich, Switzerland.
Entrance to ABB's headquarters in Zurich, Switzerland.

ABB is an engineering company that helps customers use electrical power effectively and increase industrial productivity in a sustainable way. ABB creates and supports a range of products, systems and services that increase energy efficiency, reliability and productivity for a variety of industrial, utility, and transport and infrastructure customers. ABB was founded in 1883 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 7 of 38
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 7 of 35
State (Georgia) 1 of 1
Country (United States) 3 of 13
Year (2010) 1 of 3
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-28 Comem

Montebello Vicentino, Italy

Comem is a manufacturer of high-quality transformer components, selling products under its own name and under the Elmek brand. Comem was founded in 1962 and is based in Montebello Vicentino, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-08 K-TEK

Prairieville, Louisiana, United States

K-TEK Corp. is a manufacturer, and supplies level instrumentation for liquid and bulk solids detection in North America.

Buy -

Seller(S) 1

SELLER

Vista Equity Partners

Austin, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 100.0B USD
Size Mega
Type Sector Focused
DESCRIPTION
Entrance to Frost Bank Tower, Vista Equity's main office in Austin, Texas.
Entrance to Frost Bank Tower, Vista Equity's main office in Austin, Texas.

Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.


DEAL STATS #
Overall 7 of 70
Sector (Information Technology) 1 of 10
Type (Add-on Acquisition) 4 of 35
State (Georgia) 1 of 4
Country (United States) 6 of 65
Year (2010) 1 of 2
Size (of disclosed) 9 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-23 Accruent

Austin, Texas, United States

Accruent, Inc. is a provider of physical resource management software. Accruent provides market planning, site selection, project management, lease administration, facilities and space management software that is purpose-built for specific industries to deliver greater customer value. Accruent, Inc. was founded in 1995 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-05 Famosa

Alicante, Spain

Famosa designs, develops, manufactures and distributes toys throughout the world. The company owns and has developed several well known and successful brands including Nenuco, Barriguitas, Nancy, Jaggets, Pin y Pon and Feber. Famosa also has licensing agreements to develop, manufacture and design toys with some of the world’s largest entertainment and sports companies.

Sell -