Investment Summary

ABRY Partners Invests In SoftBrands

On August 17, 2005, private equity firm ABRY Partners invested in software company SoftBrands

Investment Highlights
  • This is ABRY Partners’ 1st transaction in the Software sector.
  • This is ABRY Partners’ 24th transaction in the United States.
  • This is ABRY Partners’ 2nd transaction in Minnesota.
Investment Fate
  • SoftBrands was sold to a consortium of financial buyers in 2009 for 23M USD.
  • SoftBrands was sold to a strategic buyer in 2009.

Investment Summary

Date 2005-08-17
Target SoftBrands
Sector Software
Investor(s) ABRY Partners
Deal Type Venture

Target

SoftBrands

Minneapolis, Minnesota, United States
SoftBrands and Infor have complementary businesses given our shared focus on the mid-market, our origins in manufacturing and our product offerings in hospitality. The SoftBrands and Infor partnership offers SoftBrands customers an expanded product portfolio, best-in-class point solutions and a forward-looking technology platform.

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Investor(S) 1

Investor

ABRY Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 12.8B USD
Size Mega
Type Sector Focused
DESCRIPTION

ABRY Partners is a media and communications focused private equity investment firm. Specific areas of interest include television, publishing, convention/trade shows, for-profit training, couponing, monitoring services, telephone companies, communications towers, music libraries, database providers, wireless communications, and in-store advertisers. ABRY can provide both equity and mezzanine capital, typically committing $20 to $200 million of equity or $15 to $50 million of mezzanine capital per transaction. Prospective transaction situations include buyouts, expansion financings, platform acquisitions, consolidations, and recapitalizations. ABRY Partners was formed in 1989 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 24 of 175
Sector: Software M&A 1 of 12
Type: Venture M&A Deals 1 of 3
State: Minnesota M&A 2 of 3
Country: United States M&A 24 of 145
Year: 2005 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-26 Hanley Wood

Washington, District of Columbia, United States

Hanley Wood is a media and information company serving the housing and commercial design and construction industries. Hanley Wood provides magazines and Web sites, marquee trade shows and events, market intelligence data and custom marketing solutions. Hanley Wood was founded in 1976 and is based in Washington. District of Columbia.

Buy $650M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-29 Navtech

Waterloo, Ontario, Canada

Navtech, Inc. is a provider of flight operations products (including electronic flight bag solutions, aeronautical charts and flight-planning services) to 400 aircraft operators.

Buy -