M&A Deal Summary |
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Date | 2019-04-04 |
Target | Acoustic |
Sector | Software |
Buyer(s) |
Centerbridge Partners
Francisco Partners |
Sellers(s) | IBM |
Deal Type | Divestiture |
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Category | Asset Manager |
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Founded | 2005 |
PE ASSETS | 38.0B USD |
Size | Mega |
Type | Sector Agnostic |
Centerbridge Partners is a mega-sized private equity firm focused primarily on distressed/special situations in North America and Europe. In addition to making control investments, Centerbridge also maintains funds for non-control credit investments. Centerbridge was formed in 2005 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 36 of 49 |
Sector (Software) | 4 of 4 |
Type (Divestiture) | 4 of 4 |
State (Arkansas) | 1 of 1 |
Country (United States) | 29 of 40 |
Year (2019) | 2 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-04-01 |
Senvion
Hamburg, Germany Senvion is a manufacturer of onshore and offshore wind turbines. Senvion is based in Hamburg, Germany. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-05-30 |
Reddy Ice Holdings
Dallas, Texas, United States Reddy Ice Holdings, Inc. is a manufacturer and distributor of packaged ice in the United States. The Company sells its products primarily under the widely known Reddy Ice® brand to a variety of customers in 37 states and the District of Columbia. Reddy Ice provides a broad array of product offerings in the marketplace through traditional direct store delivery, warehouse programs, and its proprietary technology, The Ice Factory®. |
Sell | - |
Category | Private Equity Firm |
---|---|
Founded | 1999 |
PE ASSETS | 45.0B USD |
Size | Mega |
Type | Sector Focused |
Francisco Partners is a private equity firm focused exclusively on investments in technology and technology-enabled services. Specific areas of interest include semiconductors, capital equipment, electronics components, systems and manufacturing, IT services and business process outsourcing, communications, security and enterprise applications, and infrastructure software. Prospective investment situations include divisional buyouts, growth equity financings, acquisitions of private companies, sponsored mergers and acquisitions, and take-privates. Francisco Partners looks for opportunities where it can commit a minimum of $100 million per investment. Francisco Partners was formed in 1999 and is based in San Francisco, California.
DEAL STATS | # |
---|---|
Overall | 106 of 157 |
Sector (Software) | 40 of 54 |
Type (Divestiture) | 18 of 32 |
State (Arkansas) | 1 of 1 |
Country (United States) | 88 of 132 |
Year (2019) | 4 of 9 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-04-03 |
EG
Ballerup, Denmark EG is a software company with a suite of proprietary software solutions for the private and public sector. EG is based in Ballerup, Denmark. |
Buy | kr.3.7B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-04-25 |
PayScale
Seattle, Washington, United States PayScale offers modern compensation software and the most precise, real-time, data-driven insights for employees and employers alike. PayScale was founded in 2002 and is based in Seattle, Washington. |
Buy | $325M |
Category | Company |
---|---|
Founded | 1911 |
Sector | Information Technology |
Employees | 282,200 |
Revenue | 61.9B USD (2023) |
IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.
DEAL STATS | # |
---|---|
Overall | 23 of 32 |
Sector (Software) | 9 of 10 |
Type (Divestiture) | 22 of 29 |
State (Arkansas) | 1 of 1 |
Country (United States) | 19 of 26 |
Year (2019) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-12-06 |
International Business Machines - Software Products
Armonk, New York, United States International Business Machines Corp. - Software Products in scope represent a total addressable market of more than $50 billion and includes, Appscan for secure application development, BigFix for secure device management, Unica (on-premise) for marketing automation, Commerce (on-premise) for omni-channel eCommerce, Portal (on-premise) for digital experience, Notes & Domino for email and low-code rapid application development, and Connections for workstream collaboration. |
Sell | $1.8B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-09-25 |
International Business Machines - Algorithmics Assets
Armonk, New York, United States International Business Machines Corp. - Algorithmics Assets provides major risk analytic products and services for the financial services industry worldwide. Algorithmics’ solutions deliver the risk analytics clients need to address the impact of business and regulatory changes; including X-Value Adjustment (xVA), Fundamental Review of the Trading Book (FRTB), Standardized Approach for Counterparty Credit Risk (SA-CCR), Current Expected Credit Losses (CECL) and Targeted Review of Internal Models (TRIM). Algorithmics’ cloud-based technology will integrate within SS&C’s platform and add micro-services. |
Sell | - |