M&A Deal Summary |
|
|---|---|
| Date | 2016-04-06 |
| Target | Solace Systems |
| Sector | Information Technology |
| Buyer(s) |
Bridge Growth Partners
HarbourVest Partners |
| Sellers(s) |
Tandem Expansion Fund
Hawthorn Equity Partners EdgeStone Capital Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Growth Capital Firm |
|---|---|
| Founded | 2013 |
| Size | Small |
| Type | Sector Focused |
Bridge Growth Partners is a private equity firm that targets investments in the technology and technology-enabled financial services sectors. Bridge Growth Partners pursues growth situations and will consider opportunities throughout the US. Bridge Growth Partners was formed in 2013 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector: Information Technology M&A | 3 of 5 |
| Type: Secondary Buyout M&A Deals | 2 of 5 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 2 |
| Year: 2016 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-11 |
CRGT
Reston, Virginia, United States CRGT, Inc. is a full life-cycle IT services provider for the Federal Government, offering customers agile software development, data analytics, and cyber security & infrastructure support. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-08 |
Finalsite
Glastonbury, Connecticut, United States Finalsite is a SaaS-based learning and communications platform for K-12 independent and public schools and higher education institutions in the U.S. and internationally. The platform manages all aspects of a school’s web presence and facilitates the distribution of digital content across school communities and in classrooms via a proprietary, SaaS-based software suite accessed through desktops and mobile devices. Finalsite was founded in 1998 and is based in Glastonbury, Connecticut. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 86.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 141 of 223 |
| Sector: Information Technology M&A | 16 of 25 |
| Type: Secondary Buyout M&A Deals | 27 of 55 |
| State: Ontario M&A | 3 of 4 |
| Country: Canada M&A | 3 of 7 |
| Year: 2016 M&A | 5 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-06 |
SambaSafety
Greenwood Village, Colorado, United States SambaSafety is a provider of Driver Risk Management (DRM) services and Motor Vehicle Records (MVRs) to every industry across the United States. SambaSafety’s innovative Software as a Service (SaaS) solutions provide driver risk technology and information to employers, insurance, background screeners and fleet management companies. This enables companies with commercial and non-commercial fleets to easily identify and address unsafe driving behavior and take the appropriate actions necessary to maintain the safety of drivers, passengers and the communities in which they live and work. Additionally, SambaSafety solutions provide the insights insurance carriers need to accurately price risk throughout the policy lifecycle. SambaSafety was founded in 1998 and is based in Greenwood Village, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-05 |
MultiPlan
New York, New York, United States MultiPlan is a provider of technology-enabled healthcare cost management solutions. MultiPlan provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse, and fraud before payments are made. MultiPlan was founded in 1980 and is based in New York City. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Focused |
Tandem Expansion is a private growth capital fund seeking to invest in small to mid-sized tech businesses in Canada. Specific areas of interest include IT (hardware, software, service), clean tech, energy/resource, technology, advanced materials, and life science. The Firm looks to invest $10 to $30 million in fast growing businesses with $5 to $50 million in revenues. Investment proceeds are typically used to fund organic growth or provide acquisition capital. Tandem was formed in 2009 and is based in Montreal, Québec.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 7 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 3 |
| State: Ontario M&A | 1 of 2 |
| Country: Canada M&A | 1 of 6 |
| Year: 2016 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-02 |
Averna
Montreal, Quebec, Canada Averna is a manufacturing solution provider for communications and electronics device-makers worldwide, helping them deliver a better end-user customer experience. Key Averna clients in the communications, aerospace, defense, automotive, consumer electronics, and medical device industries use Proligent, RF Test instruments, and other test solutions to accelerate product development, reduce manufacturing costs, achieve superior quality throughout the lifecycle, and solve critical supply-chain issues. It has offices around the world as well as a network of partners such as JOT Automation, Keysight Technologies, and National Instruments. Averna was founded in 1999 and is based in Montreal, Quebec. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-07 |
Delta-Q Technologies
Burnaby, British Columbia, Canada Delta-Q Technologies Corp. is a developer and supplier of power conversion solutions to vehicle manufacturers enabling the shift away from internal combustion engines to environmentally friendly electric drive systems. Considered the technology benchmark in industrial AC-DC battery chargers and integrated DC-DC power converters, Delta-Q's customers include some of the largest manufacturers of recreational, industrial and specialty electric drive vehicles in the world. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| Size | Small |
| Type | Sector Agnostic |
Hawthorn Equity Partners is a private equity firm focused on investing in growth-oriented, middle-market companies across North America. Hawthorn does not have any sector preferences and will invest in a variety of situations or business stages. Transaction situations include companies in need of growth capital, recapitalizations, family successions, special situations, carve-outs, and consolidations. Hawthorn Equity Partners is based in Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 10 |
| Sector: Information Technology M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Ontario M&A | 1 of 4 |
| Country: Canada M&A | 1 of 5 |
| Year: 2016 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-17 |
GFL Environmental
Vaughan, Ontario, Canada GFL Environmental is a diversified environmental services company providing a comprehensive line of solid waste, infrastructure & soil remediation, and liquid waste management services through its platform of facilities across Canada and in Southeastern Michigan. GFL has a workforce of more than 5,000 employees and provides its broad range of environmental services to more than 60,000 commercial and industrial customers and its solid waste collection services to more than 2.5 million households. GFL Environmental was founded in 2007 and is based in Vaughan, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-12 |
Waterworks
Danbury, Connecticut, United States Waterworks is a designer, manufacturer and marketer of complete bathroom solutions to the high-end luxury market. Waterworks was founded in 1978 and is based in Danbury, Connecticut. |
Sell | $117M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 2.5B USD |
| Size | Large |
| Type | Sector Agnostic |
EdgeStone Capital Partners, Inc. is a private equity firm that targets middle market companies located in the Canada. The Firm targets to invest in companies with an EBITDA range $10 - $50 million and Enterprise value of $50 - $250 million. It seeks to invest in equity and equity related instruments and seeks to hold majority position and board seat in portfolio companies. Specific areas of interest include light manufacturing, business services, and consumer services. Type of transaction includes MBO, recapitalizations, growth capital, divestiture or non-core business and succession planning. EdgeStone Capital Partners, Inc. is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 25 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 2 of 3 |
| State: Ontario M&A | 14 of 14 |
| Country: Canada M&A | 18 of 18 |
| Year: 2016 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-04-13 |
Varicent
Toronto, Ontario, Canada Varicent is a provider of Smart SPM (sales performance management) cloud-enabled software for mid-market and enterprise companies in any industry. Its augmented intelligence-powered platform enables customers to quickly and easily see and address sales trends, problem areas, and opportunities, by predicting outcomes and prescribing actions to optimize revenue. Varicent pioneered incentive compensation and sales performance software helps customers manage highly complex compensation plans, territories and revenue goals. Varicent was founded in 2003 and is based in Toronto, Ontario. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-20 |
Aurigen Capital
Hamilton, Bermuda Aurigen Capital is a Bermuda-domiciled life reinsurer focused primarily on providing reinsurance to Canadian and U.S. primary life insurers. |
Sell | CA$375M |
