M&A Deal Summary

CIP Capital Acquires CSS

On January 31, 2017, private equity firm CIP Capital acquired information technology company CSS

Acquisition Highlights
  • This is CIP Capital’s 4th transaction in the Information Technology sector.
  • This is CIP Capital’s 9th transaction in the United States.
  • This is CIP Capital’s 2nd transaction in New York.
Investment Fate
  • CSS was sold to a strategic buyer in 2021.

M&A Deal Summary

Date 2017-01-31
Target CSS
Sector Information Technology
Buyer(s) CIP Capital
Deal Type Consolidation

Target

CSS

New York, New York, United States
CSS is a provider of technology-enabled regulatory and compliance solutions to the financial services industry. The CSS platform provides a comprehensive technology-enabled offering encompassing regulatory reporting, data management, outsourced compliance management services, compliance workflow tools, shareholding disclosure, trade monitoring, trading analytics, and cybersecurity solutions. CSS was founded in 2017 and is based in New York City.

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Buyer(S) 1

Buyer

CIP Capital

New York, New York, United States

Investor Investor


Category Private Equity Firm
Founded 2010
Size Middle-Market
Type Sector Focused
DESCRIPTION

CIP Capital is a private equity firm focused on control investments in middle-market, North American business information and outsourced service companies. Specific areas of interest include B2B information management, business process outsourcing, marketing services and knowledge services. CIP looks to invest $25 to $125 million in transactions valued up to $200 million. Funds are typically used to fund buyouts or growth initiatives. CIP Capital was formed in 2010 and is based in New York City.


DEAL STATS #
Overall 9 of 18
Sector: Information Technology M&A 4 of 4
Type: Consolidation M&A Deals 3 of 3
State: New York M&A 2 of 3
Country: United States M&A 9 of 18
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-07 RevSpring

Nashville, Tennessee, United States

RevSpring is a provider of multi-channel billing and communications solutions to the healthcare and financial services industries. The company helps customers accelerate revenue through an end-to-end platform of offerings that includes physical and electronic invoices, consumer payment portals, data cleansing solutions, and analytics tools that validate consumer identities and optimize engagement. It serves a diversified client base of approximately 2,000 health systems & hospitals, revenue cycle management providers, and financial services organizations. RevSpring was formed in 1997 and is based in Wixom, Michigan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-17 WilsonHCG

Tampa, Florida, United States

WilsonHCG is a provider of talent management solutions. WilsonHCG offers recruitment process outsourcing and outsourced talent solutions to assist corporations with a broad range of talent acquisition needs. WilsonHCG was founded in 2002 and is based in Tampa, Florida.

Buy -