M&A Deal Summary

Acacia Group and Farragut Capital Partners Acquire MajorKey Technologies

On January 1, 2019, private equity firm Acacia Group and mezzanine finance firm Farragut Capital Partners acquired information technology company MajorKey Technologies

Acquisition Highlights
  • This is Acacia Group’s 3rd and Farragut Capital Partners’ 3rd transaction in the Information Technology sector.
  • This is Acacia Group’s 3rd and Farragut Capital Partners’ 70th transaction in the United States.
  • This is Acacia Group’s 1st and Farragut Capital Partners’ 3rd transaction in Illinois.

M&A Deal Summary
Date 2019-01-01
Target MajorKey Technologies
Sector Information Technology
Buyer(s) Acacia Group
Farragut Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

MajorKey Technologies

Oakbrook Terrace, Illinois, United States
MajorKey Technologies identity security partner to public- and private-sector clients, focused on securing access and improving governance to business-critical applications, cloud, and data resources. MajorKey Technologies was founded in 1998 and is based in Oakbrook Terrace, Illinois.

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Buyer(S) 2

Buyer

Acacia Group

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2016
Size Small
Type Sector Focused
DESCRIPTION

The Acacia Group is a private equity firm that looks to acquire and invest in technology and services companies. The Acacia Group is headquartered in Tyson, Virginia.

DEAL STATS #
Overall 3 of 6
Sector (Information Technology) 3 of 5
Type (Buyout (LBO, MBO, MBI)) 3 of 6
State (Illinois) 1 of 2
Country (United States) 3 of 6
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-06 Applied Insight

Reston, Virginia, United States

Applied Insight is a technology solutions provider supporting the Federal Government with the strongest mission focus. Applied Insight was founded in 1988 and is based in Reston, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-26 TradeHelm

Chicago, Illinois, United States

TradeHelm is a provider of software development, DevOps and technology managed services. TradeHelm specializes in a wide array of leading-edge technologies. TradeHelm is based in Chicago, Illinois.

Buy -
Buyer

Farragut Capital Partners

Chevy Chase, Maryland, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 2011
PE ASSETS 1.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Farragut Capital Partners LLC is a private investment firm that provides mezzanine and equity capital to help finance buyouts, generational transfers, growth capital financings, and recapitalizations. The Firm prefers asset-light businesses with unique and defensible market positions, stable business models, and reasonable capital expenditure and working capital needs. Sectors of interest include light and niche manufacturing, business services, distribution & logistics, and media. Farragut's target investment size is $2 to $10 million. Farragut Capital Partners was formed in 2011 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 70 of 94
Sector (Information Technology) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 32 of 40
State (Illinois) 3 of 5
Country (United States) 70 of 94
Year (2019) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 EMX Industries

Garfield Heights, Ohio, United States

EMX Industries is a manufacturer of sensors and controls for the access control industry and process automation applications for various industrial markets. The Company’s main product categories include photo eyes, vehicle detectors, color sensors, luminescence sensors, and other custom specialty sensors. EMX Industries was founded in 1987 and is based in Garfield Heights, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-27 AVL Digital Group

Pennsauken, New Jersey, United States

AVL Digital Group is a provider of value-added creative, production, marketing, distribution, website hosting, digital aggregation, and artist revenue management products and services used by independent artists and authors. AVL Digital Group was formed in 1946 and is based in Pennsauken, New Jersey.

Sell -
Mergr

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