M&A Deal Summary

Actua Acquires FolioDynamix

On September 15, 2014, Actua acquired internet software and services company FolioDynamix from ABS Capital Partners for 199M USD

Acquisition Highlights
  • This is Actua’s 2nd transaction in the Internet Software and Services sector.
  • This is Actua’s largest (disclosed) transaction.
  • This is Actua’s 3rd transaction in the United States.
  • This is Actua’s 2nd transaction in New York.
Investment Fate
  • FolioDynamix was divested to a consortium of strategic buyers in 2017 for 195M USD.

M&A Deal Summary
Date 2014-09-15
Target FolioDynamix
Sector Internet Software and Services
Buyer(s) Actua
Sellers(s) ABS Capital Partners
Deal Type Add-on Acquisition
Deal Value 199M USD
Advisor(s) Evercore Group (Financial)

Target

FolioDynamix

New York, New York, United States
FolioDynamix, Inc. is a provider of an end-to-end technology solution paired with a suite of advisory tools including model portfolios, research, and overlay management services. FolioDynamix is based in New York, New York.

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Buyer(S) 1

Buyer

Actua

Radnor, Pennsylvania, United States
Category Company
Founded 1996
Sector Internet Software and Services
DESCRIPTION

Actua is a multi-vertical cloud company that brings the power of the cloud to vertical markets and processes. Actua is pioneering the second wave of the SaaS revolution – the vertical wave – by growing cloud businesses that are transforming their markets. With approximately 700 employees delivering unrivaled domain knowledge, agility, and responsiveness to customers, Actua’s rapidly growing vertical cloud businesses are positioned to lead this wave. Actua was originally established in 1996 and is based in Radnor, Pennsylvania.

DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (New York) 2 of 2
Country (United States) 3 of 3
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 BOLT Solutions

New York City, New York, United States

BOLT Solutions is a developer and marketer technology solutions for the insurance marketplace. The company’s software enables customers, P&C insurance carriers, agents, brokers and wholesalers to transmit and receive data in real-time and leverage existing systems to automatically interact with one another.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-26 GovDelivery

Saint Paul, Minnesota, United States

GovDelivery, Inc. is a cloud based platform provides digital communication solution for government. GovDelivery empowers government to create better lives for more people. More than 1,800 organizations worldwide use the GovDelivery platform and network to inform and engage over 120 million people. GovDelivery is the only digital marketing platform built exclusively for public sector organizations in order to promote usage of services, enhance public awareness, and increase the contributions and involvement of citizens in communities.

Sell $153M

Seller(S) 1

SELLER

ABS Capital Partners

Hunt Valley, Maryland, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1990
PE ASSETS 2.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

ABS Capital Partners is a private equity firm that invests in later-stage growth companies in the healthcare, technology, business services, media and communications sectors. ABS provides capital to help fund growth, provide shareholder liquidity, pursue acquisitions, or to effect a management buyout. The Firm prefers US based business and will consider both majority and minority positions. ABS looks to commit $10 to $30 million per transaction. ABS Capital was formed in 1990 and has offices in Baltimore, Maryland; Waltham, Massachusetts; and San Francisco, California.

DEAL STATS #
Overall 48 of 70
Sector (Internet Software and Services) 3 of 7
Type (Add-on Acquisition) 19 of 34
State (New York) 3 of 4
Country (United States) 47 of 69
Year (2014) 1 of 2
Size (of disclosed) 5 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-18 Scale Computing

Indianapolis, Indiana, United States

Scale Computing provides edge computing, virtualization, and hyperconverged solutions, Scale offers its HC3 platform integrating servers, storage, virtualization, and management in a single automated system that is surprisingly easy to use and self-healing. The solution dramatically lowers the barriers and costs involved in keeping applications running in a highly available, scalable manner. Scale Computing was founded in 2007 and is based in Indianapolis, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 Tarpon Towers

Bradenton, Florida, United States

Tarpon Towers LLC is a wireless communications tower company focused on the acquisition and development of telephony based towers.

Sell -
Mergr

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