M&A Deal Summary |
|
|---|---|
| Date | 2019-10-28 |
| Target | Capsilon |
| Sector | Internet Software and Services |
| Buyer(s) | Ellie Mae |
| Sellers(s) |
Francisco Partners
Nadavon Capital Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Jefferies (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
Ellie Mae automates and digitizes the trillion-dollar residential mortgage industry. Through its Digital Lending Platform, Ellie Mae provides technology services to all participants in the mortgage supply chain, including its over 3,000 customers and thousands of partners and investors participating in the open networks who provide liquidity to the market. Lenders rely on Ellie Mae to securely manage and facilitate the exchange of data across the ecosystem to enable the origination of mortgages while maintaining strict adherence to various local, state, and federal compliance requirements. Ellie Mae was formed in 1997 and is based in Pleasanton, California.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Internet Software and Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: California M&A | 4 of 4 |
| Country: United States M&A | 6 of 6 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-31 |
Velocify
El Segundo, California, United States Velocify is a provider of a sales acceleration software platform that helps high-velocity sales teams turn more prospects into customers. More than 1,500 companies streamline, automate, and optimize their sales processes using Velocify. Velocify’s software delivers a prescriptive approach to selling and surfaces actionable performance insights to ensure salespeople stay focused on activities that lead to more sales. |
Buy | $128M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 45.0B USD |
| Size | Mega |
| Type | Sector Focused |
Francisco Partners is a private equity firm focused exclusively on investments in technology and technology-enabled services. Specific areas of interest include semiconductors, capital equipment, electronics components, systems and manufacturing, IT services and business process outsourcing, communications, security and enterprise applications, and infrastructure software. Prospective investment situations include divisional buyouts, growth equity financings, acquisitions of private companies, sponsored mergers and acquisitions, and take-privates. Francisco Partners looks for opportunities where it can commit a minimum of $100 million per investment. Francisco Partners was formed in 1999 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 60 of 88 |
| Sector: Internet Software and Services M&A | 5 of 9 |
| Type: Add-on Acquisition M&A Deals | 37 of 55 |
| State: California M&A | 16 of 20 |
| Country: United States M&A | 48 of 73 |
| Year: 2019 M&A | 7 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-07 |
Connecture
Brookfield, Wisconsin, United States Connecture is a web-based consumer shopping, enrollment and retention platform for health insurance distribution. Connecture offers a personalized health insurance shopping experience that recommends the best fit insurance plan based on an individual’s preferences, health status, preferred providers, medications and expected out-of-pocket costs. Connecture’s customers are health insurance marketplace operators such as health plans, brokers and exchange operators, who must distribute health insurance in a cost-effective manner to a growing number of insured consumers. Connecture’s solutions automate key functions in the health insurance distribution process, allowing its customers to price and present plan options accurately to consumers and efficiently enroll, renew and manage plan members. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-04 |
ShoreGroup
New York, New York, United States ShoreGroup, Inc. is an IT lifecycle services and solutions company that simplifies technology challenges for businesses. ShoreGroup empowers organizations to reach their full potential by assessing and understanding a business’s needs and then offering IT solutions right-sized for each individual and wholly unique organization. ShoreGroup was formed in 1999 and is based in New York City. |
Sell | - |
Nadavon Capital Partners is a family office focused on high-growth company investments. The Firm will consider a variety of transaction situations, including growth capital financings, outright acquisitions, and debt financing. Nadavon Capital Partners was established in 2014 and is headquartered in Newport Beach, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 2 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-13 |
Club Speed
Corona, California, United States Club Speed is a provider of cloud-based software for activity centers, revolutionizing the way venue owners and managers run their businesses every day. Serving karting facilities, trampoline parks, and family entertainment centers, its features include kart timing, trampoline gamification, point-of-sale, marketing automation and more. Club Speed was founded in 2005 and is based in Corona, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-19 |
Accume Partners
Mount Laurel, New Jersey, United States Accume Partners is a provider of internal auditing, IT auditing, Sarbanes-Oxley compliance and related risk management services. Accume Partners was founded in 1994 and is based in New Jersey City. |
Sell | - |
