Investment Summary |
|
|---|---|
| Date | 2024-03-28 |
| Target | AdaCore |
| Sector | Software |
| Investor(s) | Battery Ventures |
| Deal Type | Growth Capital |
| Advisor(s) | DDA & Company (Financial) |
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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 | 115 of 117 |
| Sector (Software) | 35 of 35 |
| Type (Growth Capital) | 36 of 37 |
| Country (France) | 2 of 2 |
| Year (2024) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-13 |
TrueContext
Kanata, Ontario, Canada TrueContext researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes. TrueContext was founded in 2001 and is based in Kanata, Ontario. |
Buy | $150M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-20 |
steute
Löhne, Germany steute manufactures switches, sensors, and other products that enable increased automation and safety. The company’s product line includes certified medical-control devices that help precisely control medical equipment in operating rooms globally. steute is based in Löhne, Germany. |
Buy | - |
