M&A Deal Summary

Farragut Capital Partners Acquires Savantis Solutions

On September 1, 2014, mezzanine finance firm Farragut Capital Partners acquired information technology company Savantis Solutions

Acquisition Highlights
  • This is Farragut Capital Partners’ 2nd transaction in the Information Technology sector.
  • This is Farragut Capital Partners’ 55th transaction in the United States.
  • This is Farragut Capital Partners’ 1st transaction in Delaware.

M&A Deal Summary

Date 2014-09-01
Target Savantis Solutions
Sector Information Technology
Buyer(s) Farragut Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Savantis Solutions

Wilmington, Delaware, United States
Savantis Solutions provides professional IT staffing services and business intelligence solutions to customers in a wide variety of industries. Savantis enterprise application portfolio includes ERP, CRM, digital customer engagement, vendor management, and advanced analytics. Savantis Solutions was founded in 1999 and is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

Farragut Capital Partners

Chevy Chase, Maryland, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2011
PE ASSETS 1.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Farragut Capital Partners LLC is a private investment firm that provides mezzanine and equity capital to help finance buyouts, generational transfers, growth capital financings, and recapitalizations. The Firm prefers asset-light businesses with unique and defensible market positions, stable business models, and reasonable capital expenditure and working capital needs. Sectors of interest include light and niche manufacturing, business services, distribution & logistics, and media. Farragut's target investment size is $2 to $10 million. Farragut Capital Partners was formed in 2011 and is based in Washington, District of Columbia.


DEAL STATS #
Overall 55 of 98
Sector: Information Technology M&A 2 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 27 of 41
State: Delaware M&A 1 of 1
Country: United States M&A 55 of 98
Year: 2014 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-02 T&B Equipment Co.

Ashland, Virginia, United States

T&B Equipment Co., Inc. is an equipment rental company that provides temporary seating and structures for a variety of sporting events, including the PGA Tour.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-03 Vedicsoft Solutions

Iselin, New Jersey, United States

Vedicsoft provides professional IT staffing services and business intelligence solutions to customers in a wide variety of industries.

Buy -