Investment Summary

Arrowroot Capital, Drayton Park Capital and Laurel Capital Partners Exits Agilence

On August 14, 2017, invested in internet software and services company Agilence from Arrowroot Capital, Drayton Park Capital and Laurel Capital Partners

Investment Highlights
  • This is transaction in the Internet Software and Services sector.
  • This is transaction in the United States.
  • This is transaction in New Jersey.
Investment Fate
  • Agilence was sold to a financial buyer in 2019.
  • Agilence was sold to a consortium of financial buyers in 2021.

Investment Summary

Date 2017-08-14
Target Agilence
Sector Internet Software and Services
Sellers(s) Arrowroot Capital
Drayton Park Capital
Laurel Capital Partners
Deal Type Unknown

Target

Agilence

Mount Laurel, New Jersey, United States
Agilence is a provider of cloud-based data analytics solutions for retail and food & beverage organizations. Agilence was founded in 2006 and is based in Mount Laurel, New Jersey.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Seller(S) 3

SELLER

Arrowroot Capital

Marina Del Rey, California, United States

Category Private Equity Firm
Founded 2014
Size Small
Type Sector Focused
DESCRIPTION

Arrowroot Capital is a private investment group focused on making growth capital investments in software-as-a-service and internet-based companies. The Firm looks to invest $5 to $25 million per transaction to support growth initiatives, liquidity for founders/investors, or acquisitions. Prospective companies are generally are b2b, offering mission-critical services. Arrowroot was formed in 2014 and is based in Marina Del Rey, California.


DEAL STATS #
Overall 2 of 12
Sector: Internet Software and Services M&A 1 of 5
Type: M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 12
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-07 Riskonnect

Atlanta, Georgia, United States

Riskonnect is a provider of integrated risk management software. The Company develops and markets a suite of software solutions on a cloud computing model, helping clients elevate their risk management programs, safety solutions, and programs for the management of risks across the enterprise. It provides the risk management industry with the configurable solutions needed to reduce losses, control risk, and affect shareholder value. Riskonnect was founded in 2007 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 MemberSuite

Atlanta, Georgia, United States

MemberSuite is the premier software and services provider of cloud-based association management software solutions for associations and nonprofits of all sizes. MemberSuite is exclusively focused on providing organizations with enterprise-level applications that deliver the features, functionality, integration, and support that empowers staff and engages membership. MemberSuite was founded in 2008 and is based in Atlanta, Georgia.

Buy -
DESCRIPTION

Drayton Park Capital is a sector-agnostic private investment firm focused on lower middle-market opportunities. The Firm looks to invest $1K to $7million in platform companies generating at least $5 million in revenue. Situations of interest include corporate divestitures and complex carve outs. Drayton Park is based in Radnor, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-27 Spot Canine Club

New York, New York, United States

Spot Canine Club is a provider of pet care services in the New York metropolitan area. The Company's Spot Travel division also provides pet handling services at major international airports that decrease the stress of air travel for companion animals. Spot Canine Club was founded in 2012 and is based in New York.

Sell -
DESCRIPTION

Laurel Capital Partners is a private investment firm focused on growth equity and buyout investments in business services, financial services, healthcare, aviation services, and specialty manufacturing companies located in the Eastern US. Laurel will pursue both control and non-control transactions to provide liquidity to shareholders, financing for management buyouts, and capital for growth. The Firm's target company size is $5 to $50 million in revenue and $1 to $5 million of EBITDA. Laurel Capital Partners was formed in 2007 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-11 Agilence

Mount Laurel, New Jersey, United States

Agilence is a provider of cloud-based data analytics solutions for retail and food & beverage organizations. Agilence was founded in 2006 and is based in Mount Laurel, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-24 Kova International

Garden Grove, California, United States

Kova International is a developer, manufacturer, and marketer of in-vitro diagnostic products for the global urinalysis market. Kova International was founded in 1981 and is based in Garden Grove, California.

Sell -