M&A Deal Summary |
|
|---|---|
| Date | 2009-12-14 |
| Target | CoreStreet |
| Sector | Technology Hardware |
| Buyer(s) | ActivIdentity |
| Sellers(s) | Updata Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Bluestone Capital Partners (Financial) |
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| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Business Services |
| Employees | 218 |
ActivIdentity Corporation develops and provides authentication and credential management solutions for enterprises, government agencies, financial institutions, and service providers worldwide.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2009 M&A | 1 of 1 |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $150 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 46 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 9 of 33 |
| State: Massachusetts M&A | 1 of 6 |
| Country: United States M&A | 13 of 42 |
| Year: 2009 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-02 |
Netkey
East Haven, Connecticut, United States Netkey develops, markets and supports innovative software products that allow companies to manage high volumes of self-service customer transactions and increase opportunities for multi-channel sales. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-07-22 |
Spectrum K12 School Solutions
Atlanta, Georgia, United States Spectrum K12 School Solutions provides software and services to allow K-12 schools to manage and administer Special Education, 504, ESL, Title I and At Risk Students. The products also help schools with Medicaid Recovery. |
Sell | - |