M&A Deal Summary |
|
|---|---|
| Date | 2015-01-20 |
| Target | I Drive Safely |
| Sector | Internet Software and Services |
| Buyer(s) | DriversEd.com |
| Sellers(s) |
CIP Capital
Fifth Street Capital |
| Deal Type | Merger |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Internet Software and Services |
DriversEd.com is a provider of online drivers ed and in-car lessons for new drivers who are ready to get their license. DriversEd.com courses and professional driving instructors have been creating SMART, safe and confident drivers for 25 years.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2015 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| Size | Middle-Market |
| Type | Sector Focused |
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 | 2 of 13 |
| Sector: Internet Software and Services M&A | 2 of 3 |
| Type: Merger M&A Deals | 2 of 3 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 2 of 13 |
| Year: 2015 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-20 |
DriversEd.com
Oakland, California, United States DriversEd.com is a provider of online drivers ed and in-car lessons for new drivers who are ready to get their license. DriversEd.com courses and professional driving instructors have been creating SMART, safe and confident drivers for 25 years. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-15 |
FRONTSTEPS
Denver, Colorado, United States FRONTSTEPS is a SaaS based solution to property management organizations, homeowner associations, and residents seeking integrated workflow tools to manage their community operations. FRONTSTEPS’s software solutions include community portals, visitor management tools, communication services, and mobile patrol. FRONTSTEPS also provides cloud-based software solutions for homebuilders and real estate agents. FRONTSTEPS is based in Denver, Colorado. |
Buy | - |
Fifth Street Capital is a public investment firm focused on providing mezzanine financing to support expansions, acquisitions, recapitalizations, and management buyouts of middle-market US based companies. Fifth Street looks to invest between $5 and $50 million per transaction. Sectors of interest include consumer products, healthcare services, manufacturing, medical device manufacturing, food services, business services, restaurants, speciality retail, logistics, and value added distribution. Fifth Street Capital is based in White Plains, New York.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 59 |
| Sector: Internet Software and Services M&A | 1 of 3 |
| Type: Merger M&A Deals | 1 of 4 |
| State: California M&A | 2 of 5 |
| Country: United States M&A | 23 of 58 |
| Year: 2015 M&A | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-15 |
Charter Brokerage
Norwalk, Connecticut, United States Charter Brokerage is the premier non-asset based third party logistics provider to the North American petroleum industry offering an integrated array of information-based, port-related logistics services to a diverse group of energy product importers and major airline customers. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-13 |
Flatout
Saline, Michigan, United States Flatout, Inc. produces and sells flatbread and other related products to retail groceries, mass market and club stores, and other markets. The company sells its products under the Flatout name, which enjoys brand recognition among weight-conscious and health-minded consumers. Its products, which come in a variety of regular and light flavors, provide a healthy alternative to traditional breads and are applicable to a variety of culinary uses. |
Sell | $92M |
