M&A Deal Summary |
|
|---|---|
| Date | 2006-11-02 |
| Target | Vision Solutions |
| Sector | Software |
| Buyer(s) |
American Capital
Thoma Bravo |
| Sellers(s) | Idion Technology Holdings |
| Deal Type | Consolidation |
| Advisor(s) | Rutberg Holdings (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 22.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.
| DEAL STATS | # |
|---|---|
| Overall | 215 of 265 |
| Sector: Software M&A | 5 of 9 |
| Type: Consolidation M&A Deals | 7 of 7 |
| State: California M&A | 40 of 47 |
| Country: United States M&A | 207 of 253 |
| Year: 2006 M&A | 35 of 41 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-01 |
Corporate Benefit Services of America
Minnetonka, Minnesota, United States Corporate Benefit Services of America, Inc. is a leading third-party administrator of employer's health care benefit programs. The company is headquartered in Minnetonka, Minnesota. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-05 |
Neways International
Springville, Utah, United States Neways is a leading manufacturer and distributor of safe, effective and innovative personal care and nutritional products. Neways' mission is to enhance the health, wealth and well-being of people around the world. Products are sold through a worldwide network of independent distributors with sales in 23 countries. Neways also operates manufacturing facilities in Salem, Utah, and Auckland, New Zealand. Neways' headquarters are located in Springville, Utah. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 151 |
| Sector: Software M&A | 6 of 69 |
| Type: Consolidation M&A Deals | 1 of 2 |
| State: California M&A | 2 of 32 |
| Country: United States M&A | 10 of 132 |
| Year: 2006 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-01 |
iTera
Irvine, California, United States iTera develops and integrates System i high availability and continuous availability solutions. The company was formed in 1997 and has specialized in the development of software solutions to increase and improve the availability of iSeries (AS/400) systems as well as streamline data management processes. With its merger with Thoma Cressey portfolio company Vision Solutions Inc. in November 2006, iTera became part of the new Vision Solutions, which will focus its expanded resources on IBM System i infrastructure software and will be IBM's largest high availability Premier Business Partner worldwide. The companies? combined products will be marketed under the iTera brand. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-19 |
Excelligence Learning
Monterey, California, United States Excelligence Learning is a developer, manufacturer, distributor, and multi-channel retailer of educational products. The company provides a full-line selection of branded, private label, and proprietary products across several categories, including arts and crafts, infant and toddler, active play, dramatic play, furniture and equipment, math, language, and science. Excelligence Learning was formed in 1985 and is headquartered in Monterey, California. |
Buy | - |
Idion Technology Holdings Ltd. is a provider of information availability software and services for Windows, Linux, IBM Power Systems and Cloud Computing markets.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Consolidation M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2006 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-01-01 |
Vision Solutions
Irvine, California, United States Vision Solutions is a provider of information availability software and services for Windows, Linux, IBM Power Systems and Cloud Computing markets. Vision Solutions was founded in 1990 and is based in Irvine, California. |
Buy | - |
