Investment Summary

Camden Partners and Spring Capital Partners Invest In Ingo Money

On October 8, 2014, growth capital firm Camden Partners and mezzanine finance firm Spring Capital Partners invested in internet software and services company Ingo Money

Investment Highlights
  • This is Camden Partners’ 3rd and Spring Capital Partners’ 2nd transaction in the Internet Software and Services sector.
  • This is Camden Partners’ 28th and Spring Capital Partners’ 27th transaction in the United States.
  • This is Camden Partners’ 3rd and Spring Capital Partners’ 1st transaction in Georgia.

Investment Summary

Date 2014-10-08
Target Ingo Money
Sector Internet Software and Services
Investor(s) Camden Partners
Spring Capital Partners
Deal Type Growth Capital

Target

Ingo Money

Alpharetta, Georgia, United States
Ingo Money provides a risk-decisioning platform that approves and guarantees checks for banks, check cashers, and through the Good Funds Network, consumers. Ingo Money was established in 2001 and is based in Alpharetta, Georgia.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor

Camden Partners

Owings Mill, Maryland, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1995
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Camden Partners is a growth-oriented private investment firm focused on direct investments as well as structured capital solutions. Camden's direct private equity practice targets equity investments up to $15 million in businesses operating in the technology, software, business services, and education sectors. Prospective companies generally have proven management, proprietary products or high barriers to entry, recurring revenue, and proven business models. Camden Partners was formed in 1995 and is based in Baltimore, Maryland.


DEAL STATS #
Overall 29 of 37
Sector (Internet Software and Services) 3 of 4
Type (Growth Capital) 8 of 13
State (Georgia) 3 of 3
Country (United States) 28 of 36
Year (2014) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-23 LifeNexus

San Francisco, California, United States

LifeNexus is a creator of the patented iChip technology, a mobile platform that delivers personalized health information and analytics to consumers and their doctors. LifeNexus is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-29 Paragon Bioservices

Baltimore, Maryland, United States

Paragon Bioservices, Inc. is a contract development and manufacturing organization (CDMO) whose focus is the development and manufacturing of cutting-edge biopharmaceuticals. Paragon aims to build strong client partnerships with the world’s best biotech and pharma companies, focusing on transformative technologies, including gene therapies (AAV), next-generation vaccines, oncology immunotherapies (oncolytic viruses), and other complex biologics. Paragon Bioservices, Inc. was founded in 1990 and is based in Baltimore, Maryland.

Buy -
Investor

Spring Capital Partners

Lutherville, Maryland, United States

Investor Investor


Category Mezzanine Finance Firm
Founded 1999
PE ASSETS 600M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Spring Capital Partners is a mezzanine finance provider for small to medium-sized businesses. Spring invests $2 to $20 million, primarily in the form of subordinated debt with equity features in each transaction. The Firm does not have an industry focus. Spring Capital looks for businesses located in the Mid-Atlantic US with revenues between $10 and $150 million. Spring Capital Partners was formed in 1999 and has offices in Baltimore, Maryland and Radnor, Pennsylvania.


DEAL STATS #
Overall 27 of 45
Sector (Internet Software and Services) 2 of 3
Type (Growth Capital) 9 of 16
State (Georgia) 1 of 1
Country (United States) 27 of 45
Year (2014) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-17 HomeCentris Healthcare

Owings Mills, Maryland, United States

HomeCentris Healthcare provides home health aides, skilled nursing, and physical, occupational, and speech therapies to Medicare customers. HomeCentris Healthcare was founded in 2014 and is based in Owings Mills, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-15 NextPhase Medical Devices

Waldwick, New Jersey, United States

NextPhase Medical Devices is specialized in design, development and a manufacturing partner that helps OEMs bring low- to medium-volume complex medical devices. NextPhase Medical Devices was founded in 1999 and is based in Waldwick, New Jersey.

Buy -