M&A Deal Summary

FiveW Capital and PPC Enterprises Acquire Viteos Fund Services

On April 3, 2017, private equity firms FiveW Capital and PPC Enterprises acquired business services company Viteos Fund Services

Acquisition Highlights
  • This is FiveW Capital’s 1st and PPC Enterprises’ 1st transaction in the Business Services sector.
  • This is FiveW Capital’s 1st and PPC Enterprises’ 1st transaction in the United States.
  • This is FiveW Capital’s 1st and PPC Enterprises’ 1st transaction in New Jersey.
Investment Fate
  • Viteos Fund Services was sold to a publicly-traded strategic buyer in 2019.

M&A Deal Summary

Date 2017-04-03
Target Viteos Fund Services
Sector Business Services
Buyer(s) FiveW Capital
PPC Enterprises
Deal Type Buyout (LBO, MBO, MBI)

Target

Viteos Fund Services

Somerset, New Jersey, United States
Viteos Fund Services LLC is a provider of middle- and back-office technology and services for the investment management industry. The company leverages a proprietarily built technology platform to provide a range of post-trade accounting and operational solutions covering over 20 asset classes and 10 investment strategies. Viteos Fund Services was formed in 2003 and is based in Somerset, New Jersey.

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Buyer(S) 2

DESCRIPTION

FiveW Capital is a private investment firm focused on acquiring and investing in information services companies. FiveW Capital was established in 2014 by Randall Winn, founder of information and analytics provider Capital IQ.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-18 Viteos Fund Services

Somerset, New Jersey, United States

Viteos Fund Services LLC is a provider of middle- and back-office technology and services for the investment management industry. The company leverages a proprietarily built technology platform to provide a range of post-trade accounting and operational solutions covering over 20 asset classes and 10 investment strategies. Viteos Fund Services was formed in 2003 and is based in Somerset, New Jersey.

Sell -
Buyer

PPC Enterprises

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2012
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

PPC Enterprises is a private equity firm focused on investing in North America-based middle-market companies operating in the business services, industrial services, financial services, healthcare, and specialty chemicals sectors. The Firm looks to commit $25 to $150 million in profitable companies valued up to $500 million. PPC Enterprises was formed in 2012 and is based in New York City.


DEAL STATS #
Overall 1 of 9
Sector: Business Services M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 8
Year: 2017 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 Inframark

Katy, Texas, United States

Inframark is an infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. Its infrastructure management services group serves 220 clients with financial, administrative, and specialized support services. Inframark is based in Katy, Texas.

Buy -