M&A Deal Summary

Apica Acquires Circonus

On February 21, 2024, Apica acquired information technology company Circonus from NewSpring Capital

Acquisition Highlights
  • This is Apica’s 2nd transaction in the Information Technology sector.
  • This is Apica’s 2nd transaction in the United States.
  • This is Apica’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-02-21
Target Circonus
Sector Information Technology
Buyer(s) Apica
Sellers(s) NewSpring Capital
Deal Type Add-on Acquisition

Target

Circonus

Malvern, Pennsylvania, United States
Circonus is a monitoring and analytics platform built for the modern-day enterprise. Circonus delivers crystal-clear, real-time visibility of the behavior, health, trends, and performance of traditional infrastructure and cloud-based technologies in one powerful, unified platform. Circonus was founded in 2010 and is based in Malvern, Pennsylvania.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Apica

Stockholm, Sweden

Category Company
Founded 2005
Sector Software
DESCRIPTION

Apica is a provider of data management and active observability. The Ascent platform delivers active observability, automated root cause analysis, and advanced data management to quickly find and resolve complex digital performance issues before they negatively impact the bottom line. Apica was founded in 2005 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-16 LOGIQ.AI

San Jose, California, United States

LOGIQ.AI is a data platform for engineering teams. LOGIQ.AI was founded in 2019 and is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-20 Orson

London, United Kingdom

Orson provides the right coverage and the right data, real-time, to your automated test tools, service virtualization tools, and manual test teams. Orson is headquartered in London, England.

Buy -

Seller(S) 1

SELLER

NewSpring Capital

Radnor, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.


DEAL STATS #
Overall 86 of 86
Sector (Information Technology) 16 of 16
Type (Add-on Acquisition) 48 of 48
State (Pennsylvania) 25 of 25
Country (United States) 85 of 85
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-14 Wize Solutions

West Valley City, Utah, United States

Wize Solutions is a provider of material handling integration solutions. The company provides its installation crews annual training programs to remain up to date on all industry innovations. Offering specialty installation services for shelving, wire guidance, mezzanine, lockers, industrial fans, rack repair, curtain walls and just about anything a warehouse needs to stay efficient. Wize Solutions is based in West Valley City, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-22 ASI

Fullerton, California, United States

ASI is a provider of specialized therapy for children living with autism spectrum disorder (ASD). ASI provides behavioral health services with a specialty in therapy for children living with ASD. ASI is based in Fullerton, California.

Buy -