M&A Deal Summary

GI Partners Acquires Togetherwork

On March 13, 2018, private equity firm GI Partners acquired software company Togetherwork from Aquiline Capital Partners

Acquisition Highlights
  • This is GI Partners’ 2nd transaction in the Software sector.
  • This is GI Partners’ 26th transaction in the United States.
  • This is GI Partners’ 1st transaction in Georgia.

M&A Deal Summary

Date 2018-03-13
Target Togetherwork
Sector Software
Buyer(s) GI Partners
Sellers(s) Aquiline Capital Partners
Deal Type Secondary Buyout

Target

Togetherwork

Atlanta, Georgia, United States
Togetherwork is a provider of software and payments for groups and organizations of all kinds, helping them grow, become more efficient, increase revenues, and provide excellent service to their members and constituents. Togetherwork was founded in 2015 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

GI Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 42.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

GI Partners (Global Innovation Partners) is a private equity firm focused on control oriented investments in asset-backed businesses and properties located throughout North America and Western Europe. GI looks to invest up to $1500 million in companies generating predictable, recurring cash flows; underperforming businesses with intrinsic value; and direct asset investments with operational complexity. Sectors of interest include energy, education, healthcare services, leisure, retail, logistics, media, entertainment, financial services, technology, and telecommunications. GI Partners was formed in 2001 and has offices in San Francisco, Greenwich, and Chicago.


DEAL STATS #
Overall 37 of 59
Sector (Software) 2 of 3
Type (Secondary Buyout) 12 of 22
State (Georgia) 1 of 1
Country (United States) 26 of 47
Year (2018) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Doxim

Markham, Ontario, Canada

Doxim is a provider of SaaS-based customer engagement software for banks, credit unions, and wealth management firms. Doxim’s Customer Engagement Platform helps financial institutions transform their client experience, communicate effectively throughout the client lifecycle, and improve cross-sell and upsell activities that drive increased wallet share. The platform addresses key digitization challenges, from automated account opening, through improved, personalized communications to anytime, anywhere content access, tailored to a client’s channel preferences. Doxim was founded in 2000 and is based in Markham, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-21 Consilio

Washington, District of Columbia, United States

Consilio is a global provider of eDiscovery, document review, flexible legal talent and legal technology consulting services. The company supports multinational law firms and corporations using innovative software, cost-effective managed services and deep legal and regulatory industry experience. Consilio was founded in 2002 and is based in Washington, District of Columbia.

Buy -

Seller(S) 1

SELLER

Aquiline Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 10.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

Aquiline Capital Partners is a private equity firm that targets investments in the financial services sector. The Firm specifically invests in risk-bearing and services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance and transaction processing. Aquiline Capital was formed in 2005 and is based in New York City.


DEAL STATS #
Overall 9 of 27
Sector (Software) 3 of 4
Type (Secondary Buyout) 1 of 8
State (Georgia) 1 of 2
Country (United States) 4 of 18
Year (2018) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-08 Altegris Companies

La Jolla, California, United States

Altegris Companies, Inc. is a provider of alternative investment solutions designed for financial professionals and individuals seeking to improve portfolio diversification.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-23 RIA In A Box

New York, New York, United States

RIA in a Box is a provider of compliance software to the wealth management industry. Approximately 2,000 RIAs of varying sizes across the US use the platform to increase compliance workflow efficiency. RIA In A Box also offers SaaS-based solutions such as CRM, billing, and other operational tools. RIA In A Box was founded in 2005 and is based in New York City.

Buy -