M&A Deal Summary |
|
|---|---|
| Date | 2013-01-14 |
| Target | Open Solutions |
| Sector | Software |
| Buyer(s) | Fiserv |
| Sellers(s) |
The Carlyle Group
Providence Equity Partners Vector Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.0B USD |
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| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Information Technology |
| Employees | 42,000 |
| Revenue | 19.1B USD (2023) |
Fiserv is a provider of information management and electronic commerce systems for the financial services industry, providing integrated technology and services that create value and results for clients. Clients include banks, credit unions and thrifts, billers, mortgage lenders and leasing companies, brokerage, and investment firms. Fiserv was founded in 1984 and is based in Brookfield, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 42 |
| Sector (Software) | 8 of 9 |
| Type (Add-on Acquisition) | 26 of 36 |
| State (Connecticut) | 2 of 2 |
| Country (United States) | 26 of 37 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 3 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-13 |
CashEdge
New York, New York, United States CashEdge, Inc. is a provider of Intelligent Money Movement services, enabling financial institutions to provide a single point of access for multiple, easy-to-use consumer and small business transfer routes. CashEdge's solutions include P2P money transfer, funds transfer, end-to-end online account opening and funding, and data consolidation. |
Buy | $465M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-03-14 |
Fiserv - Club Solutions Assets
Brookfield, Wisconsin, United States Fiserv - Club Solutions Assets is a provider of fully integrated enterprise software and payment solutions in the fitness, sports and leisure industry. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 435.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 221 of 480 |
| Sector (Software) | 16 of 33 |
| Type (Add-on Acquisition) | 105 of 197 |
| State (Connecticut) | 4 of 6 |
| Country (United States) | 145 of 259 |
| Year (2013) | 3 of 25 |
| Size (of disclosed) | 36 of 135 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-08 |
Pacific China Holdings
Shanghai, China Pacific China Holdings Ltd operated a chain of nine department stores in China. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-02-05 |
The TCW Group
Los Angeles, California, United States The TCW Group, Inc. is a global asset management firm with a broad range of products across fixed income, equities, emerging markets and alternative investments. With more than four decades of investment experience, TCW today manages approximately $200 billion in client assets. Through the MetWest Funds, TCW Funds and TCW Alternative Funds families, TCW manages one of the largest mutual fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 36.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 100 |
| Sector (Software) | 1 of 9 |
| Type (Add-on Acquisition) | 17 of 40 |
| State (Connecticut) | 1 of 2 |
| Country (United States) | 23 of 68 |
| Year (2013) | 1 of 3 |
| Size (of disclosed) | 18 of 35 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-07 |
HSE
Fiumicino, Italy HSE is a home shopping TV network that reaches viewers in Germany, Austria, Switzerland, Italy, and Russia. HSE was founded in 2010 and is based in Fiumicino, Italy. |
Buy | €650M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-02-08 |
Smallsteps
Amersfoort, Netherlands Smallsteps is a provider of childcare services in the Netherlands. The Group offers day care for 0-4 year olds and pre/after school care for 4-12 year olds. The group provides services to 26,000 children through its 251 locations and 2,750 employees. Smallsteps works together with parents, local communities and national partners to ensure excellent childcare services are provided for its customers. Smallsteps was founded in 1975 and is based in Amersfoort, Netherlands. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Focused |
Vector Capital is a private equity firm specializing in spinouts, buyouts and recapitalizations of established technology businesses. Vector targets both public and private company investments. Prospective businesses typically have strong customer bases, high gross margins, and at least $30 million in sales. Vector Capital was formed in 1997, after spinning out from Ziff Brothers Investments. The Firm is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 33 |
| Sector (Software) | 5 of 13 |
| Type (Add-on Acquisition) | 8 of 18 |
| State (Connecticut) | 2 of 3 |
| Country (United States) | 9 of 28 |
| Year (2013) | 1 of 7 |
| Size (of disclosed) | 2 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-30 |
2020
Laval, Quebec, Canada 2020 is a provider of computer-aided design, business and manufacturing software tailored for the interior design and furniture industries. The company has developed an unmatched depth of knowledge of interior design and space planning to maintain an unbroken history of the market and thought leadership. Its customers include many of the world’s largest home improvement retailers and manufacturers, as well as tens of thousands of local, independent kitchen and bathroom dealers. 2020 was founded in 1987 and is based in Laval, Quebec. |
Buy | $77M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-17 |
Printronix
Irvine, California, United States Printronix is a manufacturer of line matrix printers. Printronix business services a diverse group of customers that operate across healthcare, food and beverage, manufacturing and logistics, and other sectors. Printronix was founded in 1974 and is based in Irvine, California. |
Sell | - |
