M&A Deal Summary

ACON Investments Acquires BidFTA

On March 1, 2023, private equity firm ACON Investments acquired internet software and services company BidFTA

Acquisition Highlights
  • This is ACON Investments’ 2nd transaction in the Internet Software and Services sector.
  • This is ACON Investments’ 42nd transaction in the United States.
  • This is ACON Investments’ 1st transaction in Ohio.

M&A Deal Summary

Date 2023-03-01
Target BidFTA
Sector Internet Software and Services
Buyer(s) ACON Investments
Deal Type Buyout (LBO, MBO, MBI)

Target

BidFTA

Cincinnati, Ohio, United States
BidFTA is an online auction marketplace for both buyers and sellers. BidFTA can help you liquidate your business or assets quickly or source product for your business. BidFTA was founded in 2008 and is based in Cincinnati, Ohio.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

ACON Investments

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

ACON Investments is an international private equity firm that targets investments in the US, Europe, and Latin America. ACON's investment strategy covers 'opportunities at times of change - responding at points of inflection where value creation is possible'. Examples include businesses that serve the rapidly growing US Hispanic population, energy and energy service needs, businesses in need of operational help, and opportunities in Latin America resulting from economic deregulation and political liberalization. ACON's looks for companies where it can commit $20 to $150 million of equity capital. Target sectors include consumer products and services, distribution, business services and industrial manufacturing. ACON Investments was formed in 1996 and has offices in Washington DC; Houston, Texas; Los Angeles, California; and Madrid, Spain.


DEAL STATS #
Overall 68 of 74
Sector: Internet Software and Services M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 20 of 23
State: Ohio M&A 1 of 1
Country: United States M&A 42 of 43
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-26 Actinver

Mexico City, Mexico

Actinver is an investment services firm offering wealth management services to individuals as well as corporate and investment banking services to large and middle-sized corporations. Actinver was founded in 1994 and is based in Mexico City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-10 Siex 2001

Burgos, Spain

Siex 2001 designs, certifies, manufactures and distributes gas-based fire extinguishing solutions to clients in over 70 countries, where water-based solutions are ineffective or inappropriate. Siex 2001 is based in Burgos, Spain.

Buy -