M&A Deal Summary

Bonterra Acquires Social Solutions

On August 4, 2021, Bonterra acquired internet software and services company Social Solutions from Vista Equity Partners

Acquisition Highlights
  • This is Bonterra’s 1st transaction in the Internet Software and Services sector.
  • This is Bonterra’s 3rd transaction in the United States.
  • This is Bonterra’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-08-04
Target Social Solutions
Sector Internet Software and Services
Buyer(s) Bonterra
Sellers(s) Vista Equity Partners
Deal Type Secondary Buyout
Advisor(s) Harris Williams (Financial)
Kirkland & Ellis (Legal)

Target

Social Solutions

Austin, Texas, United States
Social Solutions is a provider of on-demand performance management software (SaaS) and solutions to the human services nonprofit sector with a focus on measuring efforts to outcome (ETO) to provide organizations with a clear picture of which efforts are having the greatest impact on the social issues they address. Social Solutions was founded in 2000 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Bonterra

Austin, Texas, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Bonterra is a provider of software-as-a-service solutions for corporate philanthropy, including workplace giving, employee engagement, and grants management. Bonterra was founded in 1999 and is based in Austin, Texas.


DEAL STATS #
Overall 3 of 7
Sector: Internet Software and Services M&A 1 of 4
Type: Secondary Buyout M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 3 of 7
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 EveryAction

Washington, District of Columbia, United States

EveryAction is a provider of Digital, Fundraising, and Organizing SaaS tools to nonprofits and progressive campaigns. EveryAction clients raise billions of dollars, send billions of emails, and recruit millions of supporters. Built and supported by nonprofit experts, EveryAction's tools allow nonprofits of all sizes to optimize interactions with supporters and prospects, leading to the best outcomes. EveryAction is based in Washington, District of Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 Network for Good

Washington, District of Columbia, United States

Network for Good provides small nonprofits and partners with an all-in-one fundraising platform and support services needed to execute modern, results-oriented fundraising campaigns. Network for Good is based in Washington DC.

Buy -

Seller(S) 1

SELLER

Vista Equity Partners

Austin, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 100.0B USD
Size Mega
Type Sector Focused
DESCRIPTION
Entrance to Frost Bank Tower, Vista Equity's main office in Austin, Texas.
Entrance to Frost Bank Tower, Vista Equity's main office in Austin, Texas.

Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.


DEAL STATS #
Overall 60 of 72
Sector: Internet Software and Services M&A 17 of 21
Type: Secondary Buyout M&A Deals 15 of 17
State: Texas M&A 13 of 15
Country: United States M&A 56 of 68
Year: 2021 M&A 14 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 PowerSchool

Folsom, California, United States

PowerSchool is a provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool was founded in 1997 and is based in Folsom, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 Mediaocean

New York, New York, United States

Mediaocean is a mission-critical platform for omnichannel advertising connecting brands, agencies, media, technology, and data. Using AI and machine learning technology to control marketing investments and optimize business outcomes, Mediaocean powers campaigns from planning, buying, and selling to analysis, invoices, and payments. Mediaocean was founded in 1967 and is based in New York City.

Sell -