M&A Deal Summary

AppDirect Acquires Radialpoint SafeCare

On January 27, 2016, AppDirect acquired internet software and services company Radialpoint SafeCare from TA Associates

Acquisition Highlights
  • This is AppDirect’s 4th transaction in the Internet Software and Services sector.
  • This is AppDirect’s 2nd transaction in Canada.
  • This is AppDirect’s 1st transaction in Quebec.

M&A Deal Summary

Date 2016-01-27
Target Radialpoint SafeCare
Sector Internet Software and Services
Buyer(s) AppDirect
Sellers(s) TA Associates
Deal Type Add-on Acquisition

Target

Radialpoint SafeCare

Montreal, Quebec, Canada
Radialpoint SafeCare, Inc. is a provider of cloud and technical support services for small businesses and consumers. Radialpoint provides technical support software and services that help technology vendors and IT help desks deliver differentiated support experiences.

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Buyer(S) 1

Buyer

AppDirect

San Francisco, California, United States

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

AppDirect is a cloud service commerce making software and products accessible globally. AppDirect was founded in 2009 and is based in San Francisco, California.


DEAL STATS #
Overall 5 of 9
Sector (Internet Software and Services) 4 of 7
Type (Add-on Acquisition) 5 of 8
State (Quebec) 1 of 2
Country (Canada) 2 of 3
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-24 AppCarousel

San Francisco, California, United States

AppCarousel, Inc. is a provider of end-to-end app management platforms for connected devices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-24 Xendo

San Francisco, California, United States

Xendo, Inc. is a provide of cloud-based unified search across 30 different cloud and on-premise apps to allow business users to easily find content across the various cloud services they use every day.

Buy -

Seller(S) 1

SELLER

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 190 of 255
Sector (Internet Software and Services) 9 of 14
Type (Add-on Acquisition) 107 of 130
State (Quebec) 1 of 2
Country (Canada) 4 of 5
Year (2016) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-20 Cosentry

Omaha, Nebraska, United States

Cosentry, Inc. is a provider of cloud, colocation and managed services. The company provides data center services (colocation, hosting, managed Internet access), managed services (24/7 help desk, network monitoring, compliance), cloud computing (virtual servers, disk backup, storage), security and disaster recovery. Cosentry was founded in 2000 and is based in Omaha, Nebraska.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-09 MedRisk

King of Prussia, Pennsylvania, United States

MedRisk is a provider of managed physical medicine services for the workers’ compensation industry in the U.S. The company consistently delivers clinically superior patient outcomes via the coordination and active management of physical medicine services for workers' compensation patients. Today, it manages physical therapy, occupational therapy, and chiropractic treatments for more than 500,000 injured workers annually through a nationwide network across 49 states and Washington, D.C. MedRisk was founded in 1994 and is based in King of Prussia, Pennsylvania.

Buy -