M&A Deal Summary

Black Knight Acquires eLynx

On May 16, 2016, Black Knight acquired internet software and services company eLynx from American Capital for 115M USD

Acquisition Highlights
  • This is Black Knight’s 1st transaction in the Internet Software and Services sector.
  • This is Black Knight’s 3rd largest (disclosed) transaction.
  • This is Black Knight’s 1st transaction in the United States.
  • This is Black Knight’s 1st transaction in Ohio.

M&A Deal Summary

Date 2016-05-16
Target eLynx
Sector Internet Software and Services
Buyer(s) Black Knight
Sellers(s) American Capital
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

eLynx

Cincinnati, Ohio, United States
eLynx, Ltd. is a cloud based secure electronic document delivery ('EDD') solution provider to the mortgage industry.

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Buyer(S) 1

Buyer

Black Knight

Jacksonville, Florida, United States

Category Company
Founded 2013
Sector Information Technology
Employees6,500
Revenue 1.5B USD (2021)
DESCRIPTION
Black Knight's corporate headquarters in Jacksonville, Florida.
Black Knight's corporate headquarters in Jacksonville, Florida.

Black Knight is a provider of integrated technology, services and data solutions that facilitate and automate many of the business processes across the entire loan lifecycle. Black Knight was founded in 2013 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 1 of 11
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 1 of 9
State (Ohio) 1 of 1
Country (United States) 1 of 11
Year (2016) 1 of 2
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-22 Motivity Solutions

Denver, Colorado, United States

Motivity Solutions, Inc. is a provider of software to the leasing, contract hire and daily rental markets. Fleets under management currently range from small independent companies with over 1,000 vehicles to subsidiaries of banks with over 40,000 vehicles.

Buy -

Seller(S) 1

SELLER

American Capital


Category Private Equity Firm
Founded 1997
PE ASSETS 22.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.


DEAL STATS #
Overall 177 of 194
Sector (Internet Software and Services) 5 of 5
Type (Add-on Acquisition) 83 of 87
State (Ohio) 7 of 11
Country (United States) 171 of 186
Year (2016) 6 of 9
Size (of disclosed) 40 of 56
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Pacific Handy Cutter

Irvine, California, United States

Pacific Handy Cutter is a designer, manufacturer, and marketer of branded razor cutting tools with enhanced safety features designed to eliminate workplace injuries and product damage in commercial backroom operations. Pacific Handy Cutter was founded in 1950 and is based in Irvine, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-13 Continental Structural Plastics

Auburn Hills, Michigan, United States

Continental Structural Plastics Inc. (CSP), is a manufacturer of compression-molded, reinforced plastics used in automotive and industrial end-products.

Sell $825M