M&A Deal Summary |
|
|---|---|
| Date | 2006-12-20 |
| Target | Ardence |
| Sector | Software |
| Buyer(s) | Citrix |
| Sellers(s) |
Envest Private Equity
Capital Resource Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Covington Associates (Financial) |
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Citrix develops and sells products and services that enable the secure and reliable delivery of applications and data over public, private, or hybrid clouds or networks, to virtually any type of device. The Company markets and licenses its products directly to customers, over the Web, and through systems integrators, or SIs, in addition, to indirectly through value-added resellers, or VARs, value-added distributors, or VADs, original equipment manufacturers, or OEMs and service providers. Citrix was established in 1989 and is based in Ft. Lauderdale, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 42 |
| Sector: Software M&A | 7 of 23 |
| Type: Add-on Acquisition M&A Deals | 10 of 40 |
| State: Washington M&A | 1 of 1 |
| Country: United States M&A | 9 of 33 |
| Year: 2006 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-07 |
Orbital Data
San Mateo, California, United States Orbital Data Corp. is a software provider of solutions that optimise the delivery of applications over wide area networks (WANs). As an emerging leader in the fast-growing WAN optimisation market |
Buy | $50M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-09-05 |
QuickTree
San Jose, California, United States QuickTree, Inc., a small privately-held software technology provider on the forefront of addressing the key security and performance challenges of XML and web services. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 162M USD |
| Size | Small |
| Type | Sector Agnostic |
Envest Private Equity is a private equity firm that targets East Coast US-based opportunities. Envest prefers businesses operating in basic industries with experienced management and a competitive market positions. Sectors of interest include financial services, franchising, manufacturing, healthcare services, travel and entertainment, and software/IT. The Firm's investment size range is $2 to $7 million. Envest was formed in 1999 and is based in Virginia Beach, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 12 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| State: Washington M&A | 1 of 1 |
| Country: United States M&A | 6 of 12 |
| Year: 2006 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-04-05 |
VISICU
Baltimore, Maryland, United States VISICU, Inc. is a healthcare information technology and clinical solutions company focused on critical care. The benefit of this approach to ICU patient care is that, by tracking each patient on a full time basis, problems can be addressed as they arise, reducing avoidable complications and thus lengths of stay. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-08-21 |
EndoChoice Holdings
Alpharetta, Georgia, United States EndoChoice, Inc. is a medtech company focused on the manufacturing and commercialization of platform technologies including endoscopic imaging systems, devices and infection control products and pathology services for specialists treating a wide range of gastrointestinal conditions, including colon cancer. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 1.1B USD |
| Size | Large |
| Type | Sector Agnostic |
Capital Resource Partners (CRP) is a provider of debt and equity capital to lower middle-market companies throughout the United States. CRP typically provides $1 to $15 million of junior capital to support 'late-stage expansion, recapitalization, and incremental acquisition investments'. Target companies are generally profitable with at least $5 million in annual sales. Sectors of interest include business services, consumer products and services, healthcare services, proprietary industrial products and services, and software/information services. Capital Resource Partners was formed in 1987 and is based in Wellesley, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 34 |
| Sector: Software M&A | 1 of 3 |
| Type: Add-on Acquisition M&A Deals | 8 of 18 |
| State: Washington M&A | 1 of 1 |
| Country: United States M&A | 13 of 32 |
| Year: 2006 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-10-16 |
Athletes Performance
Phoenix, Arizona, United States Athletes' Performance, Inc. is a provider of integrated performance training, nutrition and physical therapy for elite athletes, military and corporations. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-31 |
eCollege.com
Denver, Colorado, United States eCollege.com is a full range of on-demand software services including course management, virtual campuses, and assessment, reporting and retention monitoring tools. |
Sell | $477M |