Investment Summary |
|
|---|---|
| Date | 2020-05-26 |
| Target | Openlane |
| Sector | Business Services |
| Investor(s) |
Apax
Periphas Capital |
| Deal Type | PIPE |
| Advisor(s) | Goldman Sachs J.P. Morgan Securities (Financial) Skadden, Arps, Slate, Meagher & Flom (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 77.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 222 of 266 |
| Sector: Business Services M&A | 11 of 17 |
| Type: PIPE M&A Deals | 8 of 8 |
| State: Indiana M&A | 1 of 1 |
| Country: United States M&A | 86 of 107 |
| Year: 2020 M&A | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-12 |
Cadence Education
Scottsdale, Arizona, United States Cadence Education is a premier early childhood educator in the United States, operating more than 225 private preschools across the country. With more than 27 years in business, Cadence has developed unparalleled expertise in preparing students to thrive in the next step of their childhood. It provides parents with peace of mind by giving children an exceptional education every fun-filled day in a place as nurturing as home. Cadence Education was formed in 1969 and is based in Scottsdale, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-18 |
Prove
New York, New York, United States Prove is a technology company's modern way of proving identity with just a phone number and is used by over 1,000 enterprises and 500 financial institutions worldwide, including 9 of the top 10 US banks. With 1 billion+ consumer and small business identity tokens under continuous management, Prove’s phone-centric Identity platform helps companies mitigate fraud while accelerating revenue and reducing OPEX across mobile, desktop, tablet, contact center, and in-store channels. Prove’s omnichannel solutions are available in 195 countries. Prove was formed in 2008 and is based in New York City. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2017 |
| PE ASSETS | 5.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Periphas Capital is a private equity firm focused on investments in large US-based companies operating in the business services, industrial, technology, and consumer sectors. The Firm targets businesses with $150 million to $1 billion in revenue and will consider a variety of investment structures and situations including buyouts, consolidations, growth capital financings, acquisition financings, and recapitalizations. Periphas Capital was formed in 2017 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: PIPE M&A Deals | 1 of 1 |
| State: Indiana M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
