M&A Deal Summary |
|
|---|---|
| Date | 2020-06-25 |
| Target | Storyblocks |
| Sector | Digital Media |
| Buyer(s) | Great Hill Partners |
| Sellers(s) | Updata Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Lightning Partners (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 12.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Great Hill Partners is a private equity firm focused on growth equity and recapitalization investments in well established public and private companies valued put to $1 billion. Great Hill targets companies within consumer services, business services, financial technology, healthcare, internet, logistics, media, communications, technology services, software and transaction processing. The Firm invests in the range of $25 to $500 million per transaction. Great Hill prefers companies located in the US, but will also consider opportunities in Europe and Latin America. Great Hill Partners was formed in 1998 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 87 of 98 |
| Sector: Digital Media M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 11 of 15 |
| State: Virginia M&A | 2 of 3 |
| Country: United States M&A | 75 of 82 |
| Year: 2020 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-25 |
8am
Austin, Texas, United States 8am is a cloud-based provider of practice management software, integrated payments and embedded fintech solutions for small and midsize businesses. 8am was founded in 2005 and is based in Austin, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-28 |
Reflexis Systems
Dedham, Massachusetts, United States Reflexis Systems is a provider of real-time execution and workforce management solutions that enable retailers to drive excellence in their corporate, store, and vendor operations, improve compliance and profitability, and provide a higher quality of associate engagement with today’s increasingly demanding and knowledgeable shoppers. Reflexis Systems was founded in 2001 and is headquartered in Dedham, Massachusetts with additional offices in Atlanta, London, Germany, and India. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $150 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 46 |
| Sector: Digital Media M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 6 of 7 |
| State: Virginia M&A | 7 of 7 |
| Country: United States M&A | 39 of 42 |
| Year: 2020 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-14 |
Liongard
Houston, Texas, United States Liongard provides a unified automation platform enabling managed service providers (MSPs) to document, audit, and secure their clients’ systems across cloud and on-premise environments. Liongard was established in 2015 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-22 |
Homesnap
Bethesda, Maryland, United States Homesnap, Inc. is an online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Over 300,000 agents nationwide use the application an average of 30 times each month. Those 300,000 agents are also the nation’s most productive, selling the majority of homes in the US. Homesnap is based in Bethesda, Maryland. |
Sell | $250M |
