M&A Deal Summary

Alula Acquires ipDatatel

On March 14, 2018, Alula acquired technology hardware company ipDatatel from Genesis Park

Acquisition Highlights
  • This is Alula’s 1st transaction in the Technology Hardware sector.
  • This is Alula’s 1st transaction in the United States.
  • This is Alula’s 1st transaction in Texas.

M&A Deal Summary

Date 2018-03-14
Target ipDatatel
Sector Technology Hardware
Buyer(s) Alula
Sellers(s) Genesis Park
Deal Type Merger

Target

ipDatatel

Sugar Land, Texas, United States
ipDatatel LLC engineers and manufactures innovative Internet-ready devices for security, home automation, and the HVAC industries. ipDatatel was founded in 2007 and is based in Sugar Land, Texas.

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Buyer(S) 1

Buyer

Alula

St. Paul, Minnesota, United States

Category Company
Sector Safety/Security
DESCRIPTION

Alula is a security platform that delivers simplified security for independent security dealers and installers. Designed to reduce truck rolls, increase recurring monthly revenue (RMR), simplify inventory and put dealers in control of their business, their customers and their revenue, the Alula platform is available nationwide through distributors that cater to the alarm and integrator industry. Alula is based in St. Paul, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Genesis Park

Houston, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

Genesis Park is a private equity firm focused on lower middle-market opportunities. Transaction situations of interest include growth capital financings, carveouts, buyouts, special situations, and helping founder/family companies. The Firm has a preference for majority control, but will consider select minority investments. Prospective businesses are generally profitable ($3 million) with $10 million of revenue. Genesis Park was formed in 1999 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 10 of 15
Sector: Technology Hardware M&A 1 of 1
Type: Merger M&A Deals 1 of 2
State: Texas M&A 9 of 13
Country: United States M&A 10 of 15
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-06 Twenty20 Solutions

Irving, Texas, United States

Twenty20 Solutions is a global provider of automation and security technology, smart surveillance, monitoring, and access control solutions for on- and off-grid environments. It offers a full suite of AI and video analytics technologies, including object detection, facial recognition, license plate recognition, and thermal & radar detection. Twenty20 Solutions is based in Irving, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-11 Layne Water Midstream

The Woodlands, Texas, United States

Layne Water Midstream is a full cycle water midstream business providing upstream oil and gas companies with water sourcing, disposal and recycling infrastructure and services in the Delaware and Midland Basins. LWM operates significant source water, water transportation and produced water management infrastructure and is committed to further growth to support its upstream customers in the Delaware and Midland Basins. Layne Water Midstream is based in The Woodlands, Texas.

Buy -