Investment Summary

Caretta Partners Invests In CircleIT

On April 5, 2016, private equity firm Caretta Partners invested in information technology company CircleIT

Investment Highlights
  • This is Caretta Partners’ 1st transaction in the Information Technology sector.
  • This is Caretta Partners’ 1st transaction in the United States.
  • This is Caretta Partners’ 1st transaction in Oklahoma.

Investment Summary

Date 2016-04-05
Target CircleIT
Sector Information Technology
Investor(s) Caretta Partners
Deal Type Stake Purchase

Target

CircleIT

Oklahoma City, Oklahoma, United States
CircleIT is a provider of IT asset disposition services. CircleIT leverages technology to provide the services required to securely retire surplus computer hardware and maximize cash recovery. CircleIT was founded in 2002 and is based in Oklahoma City.

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Investor(S) 1

DESCRIPTION

Caretta Partners is a private investment group focused on buyouts of growth-driven companies with $5 to $20 million of EBITDA. Target sectors include healthcare, education, and business/consumer services. Caretta Partners was established in 2015 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Oklahoma M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2016 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-08 cSuite Technologies

San Francisco, California, United States

cSuite Technologies is a provider of an integrated productivity application. cSuite provides an integrated productivity application that allows users to manage mobile communication tools (email, text, calendar, contacts, Google, Dropbox) alongside a secure, personal cloud that protects an individual’s data. cSuite Technologies was founded in 2014 and is based in San Francisco, California.

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