M&A Deal Summary |
|
|---|---|
| Date | 2015-08-03 |
| Target | Qognify |
| Sector | Information Technology |
| Buyer(s) | Battery Ventures |
| Sellers(s) | NICE |
| Deal Type | Divestiture |
| Deal Value | 100M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Focused |
Battery Ventures is a private investment firm focused on opportunities in the technology and related-sectors. Battery will invest at all company stages, from seed and early-stage capital situations to leveraged buyouts, PIPEs, spin outs, rollups and take-privates of established companies. Battery's private equity group focuses on investments in companies with revenue of $5 to $200 million and EBITDA up to $25 million. Battery can commit up to $100 million in equity per transaction. Specific areas of interest include software; IT services and outsourcing; communications components, systems, and services; and financial services and tech-enabled businesses. Battery will consider investments throughout North America, Europe, and Asia. Battery Ventures was formed in 1983 and is headquartered in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 62 of 116 |
| Sector (Information Technology) | 8 of 20 |
| Type (Divestiture) | 2 of 6 |
| Country (United Kingdom) | 7 of 13 |
| Year (2015) | 4 of 5 |
| Size (of disclosed) | 5 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-14 |
PrimeRevenue
Atlanta, Georgia, United States PrimeRevenue is a provider of working capital financial technology solutions, helps organizations in 80+ countries optimize their cash flow to efficiently fund strategic initiatives, gain a competitive advantage and strengthen relationships throughout the supply chain. PrimeRevenue was founded in 2003 and is based in Atlanta, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-01 |
CrunchTime
Boston, Massachusetts, United States CrunchTime is a provider of enterprise-management solutions for the hospitality industries. CrunchTime’s back-office solutions help customers reduce food and beverage costs, track inventory items, drive labor efficiencies, and better manage the quality and consistency of their foodservice operations. CrunchTime has been in business for 20 years, and its customers include multi-unit restaurants, cruise lines, entertainment venues, hotels and foodservice management companies around the world. CrunchTime is based in Boston, Massachusetts. |
Buy | - |
NICE is a global enterprise software provider that enables organizations to improve customer experience, drive business performance, ensure compliance and fight financial crime. The Company's mission is to provide organizations with the confidence in making the right business decisions based on accurate, relevant and insightful information. NICE helps companies understand their customers and predict their needs, optimize their workforce to drive greater efficiency, and identify suspicious behaviour to prevent financial crime. NICE does this by capturing customer interactions and transactions across multiple channels and sources. NICE then applies analytics to this data to provide real-time insight and uncover intent. The Company's solutions allow organizations to operationalize this insight and embed it within their workflows and daily business processes. NICE was founded in 1986 and is based in Ra'anana, Israel.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Information Technology) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| Country (United Kingdom) | 1 of 1 |
| Year (2015) | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-01 |
NICE Systems - Cyber and Intelligence division
United States
|
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-11 |
Nexidia
Atlanta, Georgia, United States Nexidia, Inc. is a provider of scalable audio mining and speech analytics software. |
Buy | $135M |
