M&A Deal Summary |
|
|---|---|
| Date | 2022-01-21 |
| Target | Merative |
| Sector | Information Technology |
| Buyer(s) |
Francisco Partners
True Wind Capital |
| Sellers(s) | IBM |
| Deal Type | Divestiture |
SEARCH BY
| 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 | 136 of 160 |
| Sector: Information Technology M&A | 28 of 30 |
| Type: Divestiture M&A Deals | 26 of 31 |
| State: Michigan M&A | 3 of 3 |
| Country: United States M&A | 112 of 134 |
| Year: 2022 M&A | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-23 |
Zenefits
San Francisco, California, United States Zenefits provides technology to help small to large businesses manage their HR processes. Zenefits' software solutions help companies with payroll, benefits, and health insurance. Zenefits was founded in 2013 and is based in San Francisco, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-10 |
ANDHealth
Columbus, Ohio, United States ANDHealth is a provider of chronic disease treatment and reversal using root cause medical care. ANDHealth is based in Columbus, Ohio. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2015 |
| PE ASSETS | 560M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
True Wind Capital Management LLC is a private investment firm focused on technology companies. True Wind pursues a variety of transaction types across all company stages, including management buyouts, growth financings, stake purchases, and venture. True Wind Capital Management was formed in 2015 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 13 |
| Sector: Information Technology M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 11 of 12 |
| Year: 2022 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-13 |
W Energy Software
Tulsa, Oklahoma, United States W Energy Software is a provider of cloud-based accounting and ERP software, delivering high levels of speed, ease, and accuracy to enterprise and mid-market customers across the energy and commodities value chain. W Energy Software was founded in 2009 and is based in Tulsa, Oklahoma. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-22 |
Sterling Brokers
Toronto, Ontario, Canada Sterling Brokers is a benefits consulting and administration firm offering group insurance, retirement services, technology-enabled platform solutions and advisory services to Canadian employers. Sterling Brokers was founded in 2014 and is headquartered in Toronto, Ontario. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1911 |
| Sector | Information Technology |
| Employees | 270,300 |
| Revenue | 62.8B USD (2024) |
IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 34 |
| Sector: Information Technology M&A | 8 of 8 |
| Type: Divestiture M&A Deals | 28 of 31 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 25 of 27 |
| Year: 2022 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-11 |
Envizi
Eveleigh, Australia Envizi is a data and analytics software provider for environmental performance management. Envizi's software automates the collection and consolidation of more than 500 data types and supports major sustainability reporting frameworks. Its user-friendly and easily customized dashboards enable companies to analyze, manage and report on environmental goals, identify efficiency opportunities and assess sustainability risk. Envizi was founded in 2004 and is based in Eveleigh, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-01 |
Sentaca
Cambridge, Massachusetts, United States Sentaca is a telco consulting services and solutions provider. Sentaca builds and migrates mission-critical applications on leading cloud service providers and open-source platforms like Red Hat OpenShift and OpenStack. Sentaca has supported digital transformation, next-generation networks, and improved consumer experience for CSPs and media companies. Sentaca was founded in 2008 and is based in Cambridge, Massachusetts. |
Buy | - |
