M&A Deal Summary |
|
|---|---|
| Date | 2020-11-09 |
| Target | Workfront |
| Sector | Internet Software and Services |
| Buyer(s) | Adobe |
| Sellers(s) |
W Capital Partners
Susquehanna Growth Equity Escalate Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.5B USD |
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Adobe is a diversified software company that offers a line of products and services used by creative professionals, marketers, knowledge workers, application developers, enterprises, and consumers for creating, managing, delivering, measuring, optimizing, and engaging with content and experiences across multiple operating systems, devices, and media. Adobe was incorporated in 1982 and is based in San Jose, California.
| DEAL STATS | # |
|---|---|
| Overall | 50 of 52 |
| Sector (Internet Software and Services) | 17 of 18 |
| Type (Add-on Acquisition) | 47 of 49 |
| State (Utah) | 2 of 2 |
| Country (United States) | 39 of 40 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 5 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-23 |
Allegorithmic
Clermont, France Allegorithmic is a developer of Substance app for 3D textures and material creation in game and video post-production. Allegorithmic is based in Clermont, France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-19 |
Frame.io
New York, New York, United States Frame.io is a video review and approval platforms with over 1 million users. Integrated with most major professional video tools, Frame.io streamlines the creative process by centralizing assets and feedback in the cloud. This allows remote creative teams to collaborate securely and in real time from anywhere in the world. Frame.io was founded in 2015 and is based in New York City. |
Buy | $1.3B |
| Category | Secondary Investor |
|---|---|
| Founded | 2001 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Agnostic |
W Capital Partners is a private investment group focused on direct secondary investments. W Capital Partners has a particular interest in growth equity secondary investments as well as buyout minority secondary investments, where existing shareholders are looking for liquidity. W Capital Partners is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 18 |
| Sector (Internet Software and Services) | 3 of 4 |
| Type (Add-on Acquisition) | 5 of 5 |
| State (Utah) | 2 of 2 |
| Country (United States) | 14 of 16 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-05 |
Ravn Air
Anchorage, Alaska, United States Ravn Air is a provider of regional air transportation and logistics services in the state of Alaska. Ravn Air is based in Anchorage, Alaska. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-12 |
Billtrust
Lawrenceville, New Jersey, United States Billtrust is a provider of cloud-based payment cycle management solutions. Billtrust helps companies automate and accelerate their accounts receivable (AR) processes to increase cash flow, improve operational efficiency, and drive customer satisfaction. Billtrust was established in 2001 and is based in Lawrenceville, New Jersey. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2006 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Susquehanna Growth Equity (SGE) is the private equity arm of The Susquehanna International Group of Companies. SGE focuses on companies that help streamline payments and related transactions. This includes SaaS, payments and transaction processing, capital markets technology, and internet/information services. SGE looks to commit $10 to $200 million in companies with at least $5 million of revenue. The Firm will consider both control and minority positions and targets opportunities across North America, Europe, and Israel. SGE was established in 2006 and is headquartered in Philadelphia, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 33 |
| Sector (Internet Software and Services) | 10 of 14 |
| Type (Add-on Acquisition) | 14 of 21 |
| State (Utah) | 1 of 1 |
| Country (United States) | 21 of 28 |
| Year (2020) | 5 of 5 |
| Size (of disclosed) | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-30 |
Fundera
New York, New York, United States Fundera, Inc. is an online marketplace that connects small business owners with the best funding providers for their businesses by working with prescreened lenders to assemble the highest quality funding sources. Fundera was established in 2013 and is based in New York City. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-18 |
Realync
Carmel, Indiana, United States Realync is a video leasing & resident engagement solution for the multifamily housing industry. The company helps thousands of apartment communities market, lease, and manage their properties more efficiently. Realync’s cloud-based platform enables leasing professionals to both livestream and pre-record video tours, as well as distribute videos to prospects and tenants, using nothing more than their mobile devices. Realync was founded in 2013 and is based in Carmel, Indiana. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 830M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Escalate Capital Partners is a private investment firm focused on providing capital to expansion and late-stage companies. The Firm focuses its investment activity within the technology, life sciences, and service-based industries. Prospective financing solutions include senior, subordinated and mezzanine debt. Escalate's target investment size is $5 to $30 million. Escalate Capital Partners has offices in Menlo Park, California and Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 37 |
| Sector (Internet Software and Services) | 8 of 9 |
| Type (Add-on Acquisition) | 17 of 24 |
| State (Utah) | 1 of 2 |
| Country (United States) | 30 of 37 |
| Year (2020) | 5 of 5 |
| Size (of disclosed) | 1 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-09 |
Revionics
Austin, Texas, United States Revionics, Inc. is a provider of End-to-End Merchandise Solutions, including shopper-centric assortments, micro, and macro space allocation, pricing, promotions, and markdowns. Revionics solutions improve retailer sales, profits, and customer loyalty through sophisticated consumer-demand intelligence and proprietary retail-pricing science. Revionics was founded in 2002 and is based in Austin, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-06 |
ThreatQuotient
Reston, Virginia, United States ThreatQuotient improves security operations by fusing together data sources, tools & teams to accelerate threat detection & response. ThreatQuotient’s data-driven security operations platform helps teams prioritize, automate & collaborate on security incidents; enables more focused decision making; & maximizes limited resources by integrating existing processes & technologies into a unified workspace. ThreatQuotient was founded in 2013 and is based in Reston, Virginia. |
Buy | - |
