M&A Deal Summary

CIVIQ Smartscapes Acquires Elevate Digital

On February 2, 2016, CIVIQ Smartscapes acquired technology hardware company Elevate Digital from Advantage Capital Partners

Acquisition Highlights
  • This is CIVIQ Smartscapes’ 1st transaction in the Technology Hardware sector.
  • This is CIVIQ Smartscapes’ 1st transaction in the United States.
  • This is CIVIQ Smartscapes’ 1st transaction in Illinois.

M&A Deal Summary
Date 2016-02-02
Target Elevate Digital
Sector Technology Hardware
Buyer(s) CIVIQ Smartscapes
Sellers(s) Advantage Capital Partners
Deal Type Add-on Acquisition

Target

Elevate Digital

Chicago, Illinois, United States
Elevate Digital LLC is a developer and provider of interactive informational and transactional software that is displayed on digital interactive devices placed in high foot traffic areas in major metropolitan markets.

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Buyer(S) 1

Buyer

CIVIQ Smartscapes

Milford, Massachusetts, United States
Category Company
Sector Technology Hardware
DESCRIPTION

CIVIQ Smartscapes is a designer, manufacturer, and deploys public-facing smart communications infrastructure that integrates WiFi, mobile LTE, and smart sensor technologies. CIVIQ Smartscapes is based in Milford, Massachusetts.

DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-31 Vertigo Digital Displays

Toronto, Ontario, Canada

Vertigo Digital Displays LLC is a designer and manufacturer of ruggedized integrated digital display solutions.

Buy -

Seller(S) 1

SELLER

Advantage Capital Partners

New Orleans, Louisiana, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1992
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Advantage Capital Partners is a private equity firm focused on providing growth capital to a variety of companies. The Firm's geographic coverage includes Alabama, Colorado, Florida, Hawaii, Louisiana, Mississippi, Missouri, New York, Texas, Wisconsin and Washington DC. Advantage looks to initially commit $0.5 to $2 million per investment and can provide mezzanine debt in addition to equity capital. Areas of interest include communications, information technology, life science, and energy. Advantage Capital was formed in 1992 and is headquartered in New Orleans, Louisiana.

DEAL STATS #
Overall 67 of 97
Sector (Technology Hardware) 3 of 3
Type (Add-on Acquisition) 36 of 54
State (Illinois) 2 of 5
Country (United States) 67 of 97
Year (2016) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-20 PayIt

Kansas, Missouri, United States

PayIt with a digital platform brings speed and simplicity to residents’ interactions with government. Its digital-based service enables people to easily access essential government services or perform tasks such as renew motor vehicle registration and pay taxes from any device, anywhere. PayIt was founded in 2013 and is based in Kansas, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-01 DOmedia

Columbus, Ohio, United States

DOmedia is an independent technology company on a mission to change the way out-of-home media is bought and sold. Our cloud-based applications connect buyers and sellers to leverage marketplace effects, eliminate labor and improve reporting and analytics. DOmedia is based in Columbus, Ohio.

Buy -
Mergr

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