Investment Summary |
|
|---|---|
| Date | 2005-08-15 |
| Target | BillMatrix |
| Sector | Internet Software and Services |
| Investor(s) | Fiserv |
| Sellers(s) | Great Hill Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 355M USD |
| Advisor(s) | Lane, Berry & Co. International LLC (Financial) Jackson Walker (Legal) |
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| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Information Technology |
| Employees | 42,000 |
| Revenue | 20.5B USD (2024) |
Fiserv provides information management and electronic commerce systems for the financial services industry, offering integrated technology and services that create value and results for clients. Clients include banks, credit unions, and thrifts, billers, mortgage lenders and leasing companies, brokerage, and investment firms. Fiserv was founded in 1984 and is based in Milwaukee, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 46 |
| Sector: Internet Software and Services M&A | 1 of 8 |
| Type: Add-on Acquisition M&A Deals | 8 of 40 |
| State: Texas M&A | 2 of 4 |
| Country: United States M&A | 8 of 40 |
| Year: 2005 M&A | 5 of 7 |
| Size (of disclosed) | 7 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-06 |
Administrative Services Group
Lexington, Kentucky, United States Administrative Services Group, Inc. is an employee benefits plan administrator. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-31 |
VerticalPoint
Colorado Springs, Colorado, United States VerticalPoint, Inc., a provider of underwriting software to the life and health insurance market. VerticalPoint, based in Colorado Springs, Colo., provides new business and underwriting software and consulting services to a diverse insurance industry clientele across both the United States and Canada. VerticalPoint's LifeSuite™, the company's automated underwriting system, is marketed both as a traditional licensed product, and as an ASP offering. |
Buy | - |
| 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 | 5 of 64 |
| Sector: Internet Software and Services M&A | 1 of 25 |
| Type: Add-on Acquisition M&A Deals | 4 of 40 |
| State: Texas M&A | 1 of 4 |
| Country: United States M&A | 5 of 54 |
| Year: 2005 M&A | 2 of 4 |
| Size (of disclosed) | 17 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-15 |
Global Tower Partners
Boca Raton, Florida, United States Global Tower operates wireless communication towers.Global Tower Management, LLC (d/b/a Global Tower Partners, "GTP") is a leading operator of communications towers and related wireless infrastructure. Including the acquisition of Dobson Communication's tower assets, the company owns approximately 1,125 towers and manages over 3,000 rooftop sites. |
Sell | $225M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-09-08 |
IGN Entertainment
San Francisco, California, United States IGN Entertainment is an Internet media and services company focused on the video game and entertainment enthusiast markets, attracting more than 28 million unique monthly users. The company's network of videogame-related properties (IGN.com, GameSpy, FilePlanet, TeamXbox, Direct2Drive and others), is the web's number one video game information destination and attracts one of the largest concentrated audiences of young males on the Internet. |
Sell | $650M |