M&A Deal Summary

BEA Systems Acquires Fuego

On March 1, 2006, BEA Systems acquired software company Fuego from SSM Partners

Acquisition Highlights
  • This is BEA Systems’ 2nd transaction in the Software sector.
  • This is BEA Systems’ 3rd transaction in the United States.
  • This is BEA Systems’ 1st transaction in Texas.

M&A Deal Summary

Date 2006-03-01
Target Fuego
Sector Software
Buyer(s) BEA Systems
Sellers(s) SSM Partners
Deal Type Add-on Acquisition

Target

Fuego

Plano, Texas, United States
Fuego, Inc. is a enterprise process management software.

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Buyer(S) 1

Buyer

BEA Systems

San Jose, California, United States

Category Company
Founded 1995
Sector Information Technology
Employees4,000
DESCRIPTION

BEA Systems, Inc. is a provider of enterprise application infrastructure solutions.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-29 M7

Cupertino, California, United States

M7 Corporation is a provider of tools for the creation of Web applications to software developers.

Buy -

Seller(S) 1

SELLER

SSM Partners

Memphis, Tennessee, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

SSM Partners is a private equity firm that targets investments in smaller, rapidly growing, private companies based in the Southeast US. Areas of interest include business/outsourcing services, healthcare and consumer services. SSM focuses on transactions requiring $10 to $30 million of equity. Prospective transactions include growth financings, acquisitions, management led buyouts, and recapitalizations. SSM will also consider early-stage opportunities. SSM Partners is based in Memphis, Tennessee.


DEAL STATS #
Overall 6 of 28
Sector: Software M&A 1 of 7
Type: Add-on Acquisition M&A Deals 3 of 14
State: Texas M&A 3 of 9
Country: United States M&A 6 of 28
Year: 2006 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-26 Connecture

Brookfield, Wisconsin, United States

Connecture is a web-based consumer shopping, enrollment and retention platform for health insurance distribution. Connecture offers a personalized health insurance shopping experience that recommends the best fit insurance plan based on an individual’s preferences, health status, preferred providers, medications and expected out-of-pocket costs. Connecture’s customers are health insurance marketplace operators such as health plans, brokers and exchange operators, who must distribute health insurance in a cost-effective manner to a growing number of insured consumers. Connecture’s solutions automate key functions in the health insurance distribution process, allowing its customers to price and present plan options accurately to consumers and efficiently enroll, renew and manage plan members.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-12 Handango

Hurst, Texas, United States

Handango is the leading global provider of smartphone content. By leveraging 16,000 content partners across more than 500 distribution channels, the largest collection of partners in the mobile content industry, Handango seamlessly delivers the entire smartphone marketplace into millions of customers' hands, both on the web and on smart devices. The company's market-leading content delivery platform, Handango AMPP, is the platform of choice for numerous mobile industry leaders including Motorola, Nokia, Samsung, RIM, HP, Verizon Wireless, T-Mobile, Microsoft and AOL. By delivering intuitive and compelling consumer experiences, Handango has become the trusted source for millions of smartphone users around the world. The Company is based out of Hurst, Texas and offers its products and services worldwide.

Buy -