Investment Summary

FTV Capital and Reliant Star Capital Invest In Clearent

On May 1, 2015, growth capital firm FTV Capital and private equity firm Reliant Star Capital invested in information technology company Clearent

Investment Highlights
  • This is FTV Capital’s 17th and Reliant Star Capital’s 1st transaction in the Information Technology sector.
  • This is FTV Capital’s 59th and Reliant Star Capital’s 3rd transaction in the United States.
  • This is FTV Capital’s 1st and Reliant Star Capital’s 1st transaction in Missouri.
Investment Fate
  • Clearent was sold to a consortium of financial buyers in 2018.
  • Clearent merged with another company in 2021.

Investment Summary

Date 2015-05-01
Target Clearent
Sector Information Technology
Investor(s) FTV Capital
Reliant Star Capital
Deal Type Growth Capital

Target

Clearent

Creve Coeur, Missouri, United States
Clearent is a provider of full-service, payment solutions that leverages its proprietary payments platform to make doing business easier and more profitable for its sales partners. Clearent was founded in 2005 and is based in Creve Coeur, Missouri.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor

FTV Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1998
PE ASSETS 6.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

FTV Capital is a multi-stage private equity firm focused on providing capital to high-growth companies. FTV generally seeks to invest in software, business services, and financial services companies which enable financial institutions to expand and to operate more efficiently. Investment proceeds are typically used to fund rapid organic growth, provide shareholder liquidity, pursue add-on acquisitions, or acquire divestitures. FTV prefers to act as the lead or control investor and targets equity commitments of $10 to $85 million per transaction. FTV Capital was established in 1998 and was formerly known as FTVentures. FTV Capital is based in San Francisco with an additional office in New York City.


DEAL STATS #
Overall 68 of 133
Sector: Information Technology M&A 17 of 28
Type: Growth Capital M&A Deals 11 of 58
State: Missouri M&A 1 of 1
Country: United States M&A 59 of 105
Year: 2015 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-24 Swan Global Investments

Durango, Colorado, United States

Swan Global Investments is an asset manager providing hedged investment strategies to individuals, institutions, and advisors. Swan Global Investments was founded in 1997 and is based in Durango, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-20 WePay

Palo Alto, California, United States

WePay, Inc. is a provider of payments as a service for online platforms and marketplaces.

Buy -
Investor

Reliant Star Capital

New York, New York, United States

Category Private Equity Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

Reliant Star Capital, Inc. (RSC) is a private equity firm that invests in manufacturing, distribution and services businesses. RSC typically partners with quality management teams to pursue businesses offering critical products or services with strong growth potential, defensible market positions, and recurring revenues. RSC typically invests $1 to $10 million in businesses with at least $5 million in sales and $1 million of operating profits. RSC will consider MBOs, growth capital financings, recapitalizations, consolidations and corporate divestitures. In addition to providing equity, RSC will also consider subordinated debt investments. Reliant Star Capital, Inc. was formed in 2005 and has offices in New York City and Chicago.


DEAL STATS #
Overall 3 of 4
Sector: Information Technology M&A 1 of 1
Type: Growth Capital M&A Deals 1 of 1
State: Missouri M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-30 Aptar CSP Technologies

Auburn, Alabama, United States

Aptar CSP Technologies, Inc. is a provider of custom polymeric solutions and specialty protective packaging. Using patented Activ-Polymer advanced desiccant polymer technology, CSP Technologies manufactures innovative protection solutions that enhance the stability, shelf life and convenience of our customers' products. Aptar CSP Technologies was founded in 1928 and is based in Auburn, Alabama.

Sell $360M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-30 Tracelink

Wilmington, Massachusetts, United States

Tracelink is a provider of track and traces network for connecting the Life Sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace. Tracelink was founded in 2009 and is based in Wilmington, Massachusetts.

Buy -