M&A Deal Summary

Aptean Acquires AssetPoint

On January 7, 2016, Aptean acquired software company AssetPoint from Triton Pacific Capital Partners and Triangle Capital

Acquisition Highlights
  • This is Aptean’s 8th transaction in the Software sector.
  • This is Aptean’s 6th transaction in the United States.
  • This is Aptean’s 2nd transaction in South Carolina.

M&A Deal Summary
Date 2016-01-07
Target AssetPoint
Sector Software
Buyer(s) Aptean
Sellers(s) Triton Pacific Capital Partners
Triangle Capital
Deal Type Add-on Acquisition

Target

AssetPoint

Greenville, South Carolina, United States
AssetPoint LLC is a provider of CMMS / EAM solutions helping customers control their operations, reduce maintenance costs, optimize spare parts inventory, streamline procurement and provide greater visibility for improved management, command and control over their assets. Designed by maintenance professionals for maintenance professionals, the TabWare platform is easy to learn, easy to use and has helped tens of thousands of users manage their critical assets. AssetPoint’s customers include leading Food & Beverage, Oil & Gas, Chemical, Mining & Metals, Industrial Manufacturing and a variety of other companies throughout the world.

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Buyer(S) 1

Buyer

Aptean

Alpharetta, Georgia, United States
Category Company
Sector Software
DESCRIPTION
Aptean's headquarters in Atlanta, Georgia.
Aptean's headquarters in Atlanta, Georgia.

Aptean provides industry-specific software solutions that help businesses manage their resources, supply chains, employees, and customer relationships. The company offers clients ERP, supply chain management, and customer experience solutions. Aptean is based in Alpharetta, Georgia.

DEAL STATS #
Overall 8 of 50
Sector (Software) 8 of 35
Type (Add-on Acquisition) 6 of 38
State (South Carolina) 2 of 2
Country (United States) 6 of 22
Year (2016) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-08 Computron Software

Lyndhurst, New Jersey, United States

Computron Software LLC is a supplier of accounting and finance enterprise resource planning software to mid-market and multi-national organizations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-08 Trimble Public Safety

Deerfield Beach, Florida, United States

Trimble Public Safety (Trimble - Advanced Public Safety Business) is a provider of automated mobile solutions to public safety agencies to address the administrative challenges of issuing traffic citations and crash/accident reports. APS’s solutions also help law enforcement and court staff to quickly access, analyze, store, and share the data as well as reduce the reliance on paper-based systems.

Buy -

Seller(S) 2

SELLER

Triton Pacific Capital Partners

Los Angeles, California, United States
Category Private Equity Firm
Founded 1996
Size Small
Type Sector Agnostic
DESCRIPTION

Triton Pacific Capital Partners is a private equity firm focused on investing in US based small to mid-size growth companies. Triton looks to invest $5 to $15 million in companies generating $2 to $10 million of EBITDA. Sectors of interest include healthcare services, software, IT, business services, consumer products, light manufacturing, logistics, and value-added distribution. Prospective transaction situations include recapitalizations, management buyouts, growth capital financings, divestitures, and shareholder liquidity needs. Triton Pacific Capital Partners was formed in 1996 based in Los Angeles, California.

DEAL STATS #
Overall 7 of 9
Sector (Software) 2 of 3
Type (Add-on Acquisition) 5 of 6
State (South Carolina) 1 of 1
Country (United States) 7 of 9
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 Meridian Programs

New Brighton, Minnesota, United States

Meridian Programs is a provider of addiction treatment services at residential and outpatient facilities. Meridian Programs is based in New Brighton, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-28 BioMatrix Specialty Pharmacy

Plantation, Florida, United States

BioMatrix Specialty Pharmacy offers a comprehensive pharmacy with a wide range of services across hemophilia, transplantation, specialty, and digital health technology solutions. BioMatrix Specialty Pharmacy is a provider for patients with blood disorders, organ transplants and other chronic and acute diseases and conditions. BioMatrix Specialty Pharmacy was founded in 2015 and is based in Plantation, Florida.

Buy -
SELLER

Triangle Capital

Raleigh, North Carolina, United States
Category Private Equity Firm
Founded 2007
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 29 of 72
Sector (Software) 1 of 2
Type (Add-on Acquisition) 15 of 34
State (South Carolina) 1 of 2
Country (United States) 29 of 71
Year (2016) 1 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-14 Captek Softgel International

Cerritos, California, United States

Captek Softgel International is a manufacturer and distributor of specialty softgel formulations in the nutraceutical sector to the US and global markets. Captek Softgel International was founded in 1996 and is based in Cerritos, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-19 California Products

Andover, Massachusetts, United States

California Products Corp. is a provider of branded, premium architectural interior and exterior paints and stains, tennis court and other sports surfaces coatings systems, and specialty abatement products.

Sell -
Mergr

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