M&A Deal Summary

ASG Technologies Acquires NTRglobal

On April 4, 2012, ASG Technologies acquired software company NTRglobal from Kennet Partners

Acquisition Highlights
  • This is ASG Technologies’ 3rd transaction in the Software sector.
  • This is ASG Technologies’ 1st transaction in Spain.

M&A Deal Summary

Date 2012-04-04
Target NTRglobal
Sector Software
Buyer(s) ASG Technologies
Sellers(s) Kennet Partners
Deal Type Add-on Acquisition
Advisor(s) Arma Partners (Financial)

Target

NTRglobal

Barcelona, Spain
NTRglobal provides enterprise-grade, on-demand solutions for remote support, IT collaboration and IT administration. Worldwide some 12,000 enterprises of all sizes use NTR’s web services to support employees, customers and partners over the Internet.

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Buyer(S) 1

Buyer

ASG Technologies

Naples, Florida, United States

Category Company
Founded 1986
Sector Software
DESCRIPTION

ASG Technologies is an analyst-verified global software company providing the only integrated platform and flexible end-to-end solution for the information-powered enterprise. ASG’s Information Management solutions capture, manage, govern, and enable companies to understand and support all types of information assets (structured and unstructured) and stay compliant. ASG’s IT Systems Management solutions ensure that the systems and infrastructure supporting that information lifecycle are always available and performing as expected. ASG has over 3,500 customers worldwide in top vertical markets including Financial Services, Healthcare, Insurance, and Government. ASG Technologies was founded in 1986 and is based in Naples, Florida.


DEAL STATS #
Overall 4 of 5
Sector: Software M&A 3 of 4
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Spain M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-13 Atempo

Palo Alto, California, United States

Atempo is a provider of cross-platform data protection and archiving solutions. Atempo provides a comprehensive portfolio of integrated software solutions, including backup and recovery of servers, continuous data protection of workstations and laptops and long-term archiving of files and email messages.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-07 Mowbly

Hyderabad, India

CloudPact Software Technologies Pvt. Ltd. is a process mobility platform company. Mowbly also supports agile application development, wherein customers and partners can rapidly build web and mobile applications. CloudPact Software Technologies Pvt. Ltd. was established in 2011 and is based in Hyderabad, India.

Buy -

Seller(S) 1

SELLER

Kennet Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1997
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Kennet Partners is a private investment firm that invests in fast-growing companies providing information technology products and technology-enabled services. Kennet typically commits $10 to $50 million of equity per transaction in companies with revenues up to $50 million. The Firm generally invests in businesses located in Western Europe and the US. In addition to providing growth capital, Kennet also finances private mergers, shareholder liquidity needs, corporate divestitures or spin-outs, and restructuring situations. Kennet Partners was formed in 1997 and is based in London.


DEAL STATS #
Overall 23 of 41
Sector: Software M&A 9 of 17
Type: Add-on Acquisition M&A Deals 19 of 32
Country: Spain M&A 2 of 2
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-29 Clearswift

Reading, United Kingdom

Clearswift Ltd. is a provider of policy-based content filtering software, enabling 15,000 organisations to protect their networks and their intellectual property from email- and web-borne threats, such as viruses, malicious code and inappropriate use by employees.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 IntelePeer

San Mateo, California, United States

IntelePeer, Inc. provides a fully managed, on-demand peering infrastructure to exchange voice traffic over IP or legacy TDM networks. Its customers are communications services providers, universities, enterprises and VoiP application developers.

Buy -