Buyout (LBO, MBO, MBI) • Software

Argo Management Group and Spotlight Equity Partners Acquire Identity Automation

On August 1, 2014, private equity firms Argo Management Group and Spotlight Equity Partners acquired software company Identity Automation

Acquisition Context
  • This is Argo Management Group’s 1st and Spotlight Equity Partners’ 2nd transaction in the Software sector.
  • This is Argo Management Group’s 3rd and Spotlight Equity Partners’ 3rd transaction in the United States.
  • This is Argo Management Group’s 1st and Spotlight Equity Partners’ 1st transaction in Minnesota.
Investment Fate
  • Identity Automation was sold to a publicly-traded strategic buyer in 2025 for 215M USD.

Explore All 959 Buyout (LBO, MBO, MBI) Software Deals - Search the Database Free


M&A Deal Summary

Date August 1, 2014
Target Identity Automation
Sector Software
Buyer(s) Argo Management Group
Spotlight Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Identity Automation

Houston, Minnesota, United States
Identity Automation is a provider of Identity and Access Management (IAM) software products that help customers automate and manage individual user identities (provisioning and lifecycle management) while providing attribute-based and role-based user authentication, authorization, and access privileges within and across on-premises and cloud-based enterprise systems. Identity Automation was founded in 2004 and is based in Houston, Texas.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyers Overview 2

DESCRIPTION

Argo Management Group is a private investment partnership that specializes in making equity investments in profitable manufacturing, distribution, and service companies with annual sales of $5 to $30 million. Argo will invest up to $10 million in transactions to support family successions, management buyouts, corporate spin-offs, recapitalizations, and buy & build strategies. Argo has a geographic focus primarily in the Midwestern US and Southern Ontario Canada. Argo Management Group is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 3 of 5
Sector: Software 1 of 3
Type: Buyout (LBO, MBO, MBI) 3 of 5
State: Minnesota 1 of 1
Country: United States 3 of 4
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-01 Hunter MFG

Lexington, Kentucky, United States

Hunter MFG LLP is a designer, manufacturer, and distributor of licensed sports collectibles. Hunter MFG was founded in 1988 and is based in Lexington, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-14 ISI Telemanagement Solutions

Bannockburn, Illinois, United States

ISI Telemanagement Solutions is a provider of unified communications (UC) management solutions to distributors, resellers and direct clients around the world and across various vertical markets, including healthcare, financial services, government, education, professional services and hospitality. ISI helps enterprises turn raw unified communications call data into more accessible, usable, and valuable information. ISI Telemanagement Solutions was founded in 1977 and is based in Bannockburn, Illinois.

Buy -
Buyer

Spotlight Equity Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2012
Size Small
Type Sector Focused
DESCRIPTION

Spotlight Equity Partners is a private equity firm focused on middle-market tech and software companies throughout the US. Spotlight looks to invest $5 to $50 million per transaction and generally seeks control. Spotlight Equity Partners has offices in San Francisco and New York City.


Deal Context for Buyer #
Overall 3 of 9
Sector: Software 2 of 7
Type: Buyout (LBO, MBO, MBI) 2 of 5
State: Minnesota 1 of 1
Country: United States 3 of 9
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-01 Ease

San Clemente, California, United States

Ease is a SaaS platform that automates plant floor audits, inspections, and data collection for manufacturers, replacing manual, paper-based processes with digital workflows. Ease was founded in 1986 and is based in San Clemente, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-06 SirsiDynix

Lehi, Utah, United States

SirsiDynix is a provider of integrated library systems (ILS) software, which is specialized enterprise resource planning software for libraries used to automate and optimize the entire operation of a library as well as enhance a library’s ability to serve its users and community. SirsiDynix was founded in 1979 and is based in Lehi, Utah.

Buy -