M&A Deal Summary

Catapult Acquires XOS Digital

On July 13, 2016, Catapult acquired information technology company XOS Digital from NewSpring Capital for 60M USD

Acquisition Highlights
  • This is Catapult’s 1st transaction in the Information Technology sector.
  • This is Catapult’s largest (disclosed) transaction.
  • This is Catapult’s 1st transaction in the United States.
  • This is Catapult’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2016-07-13
Target XOS Digital
Sector Information Technology
Buyer(s) Catapult
Sellers(s) NewSpring Capital
Deal Type Add-on Acquisition
Deal Value 60M USD

Target

XOS Digital

Wilmington, Massachusetts, United States
XOS Digital, Inc. is a provider of digital technology and media management solutions to collegiate and professional sports organizations in the U.S. XOS Digital developed three product solutions – digital media services, coaching solutions and facilities, design and integration (“FDI”). XOS digital media services offers its partners every piece of fan-facing technology including Internet publishing tools, streaming video and audio, interactive digital networks, original syndicated programming, mobile platforms and emerging technologies.

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Buyer(S) 1

Buyer

Catapult

Richmond, Australia

Category Company
Founded 2006
Sector Technology Hardware
Employees430
Revenue 100M USD (2024)
DESCRIPTION

Catapult is a provider of electronic and software engineering, and sports science. Catapult precision engineering at the intersection of sports science and sports analytics, Catapult works with over 900 elite teams worldwide to innovate how information shapes athletic performance. Catapult was founded in 2006 and is based in Richmond, Australia.


DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2016) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-13 Playertek

Dundalk, Ireland

Playertek is a plug-and-play GPS device and software platform that enables individual athletes to compare their data with professional players, as well as get a high-level view at their own volume and intensity. Playertek is based in Dublin, Ireland.

Buy €2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 SBG

London, United Kingdom

SBG specializes in real-time capturing of video and data, to generate unique insights and visualizations that assist teams in rapidly breaking down key factors driving performance. SBG was founded in 2008 and is based in London, United Kingdom.

Buy AU$40M

Seller(S) 1

SELLER

NewSpring Capital

Radnor, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.


DEAL STATS #
Overall 37 of 84
Sector (Information Technology) 4 of 15
Type (Add-on Acquisition) 20 of 47
State (Massachusetts) 3 of 8
Country (United States) 36 of 83
Year (2016) 2 of 5
Size (of disclosed) 15 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-28 Advanced Call Center Technologies

Berwyn, Pennsylvania, United States

Advanced Call Center Technologies is an outsourced call center operator specializing in customer relationship management (“CRM”) and accounts receivable management (“ARM”) services for customers primarily in the financial services and telecommunications industries. Advanced Call Center Technologies was founded in 1996 and is based in Berwyn, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-15 PX

New York, New York, United States

PX is a marketing technology platform offering sophisticated lead generation and lead exchange solutions to clients across multiple verticals, including insurance, financial services, and home services. PX was founded in 2010 and is based in New York City.

Buy $13M