M&A Deal Summary

GTCR Acquires Stelao

On June 14, 2023, private equity firm GTCR acquired software company Stelao

Acquisition Highlights
  • This is GTCR’s 9th transaction in the Software sector.
  • This is GTCR’s 130th transaction in the United States.
  • This is GTCR’s 9th transaction in Tennessee.

M&A Deal Summary
Date 2023-06-14
Target Stelao
Sector Software
Buyer(s) GTCR
Deal Type Consolidation

Target

Stelao

Nashville, Tennessee, United States
Stelao seeks to partner with companies as part of a strategy to be built as an enterprise software platform enabling data-driven customer experiences and measurable outcomes. Stelao was formed in 2023 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

GTCR

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1980
PE ASSETS 15.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.

DEAL STATS #
Overall 134 of 143
Sector (Software) 9 of 11
Type (Consolidation) 16 of 16
State (Tennessee) 9 of 9
Country (United States) 130 of 138
Year (2023) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-16 Senske Services

Kennewick, Washington, United States

Senske Services is a regional provider of recurring subscription-based residential lawn care, pest control, and other home services. The Company serves over 80,000 residential and commercial customers across 16 branches in Washington, Utah, Idaho, and Colorado. Senske Services was founded in 1947 and is based in Kennewick, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-06 Worldpay

Jacksonville, Florida, United States

Worldpay is a provider of payment acceptance services. The company offers a broad suite of payment processing services that enable its clients to meet their payment processing needs through a single provider, including in omnichannel environments that span point-of-sale, e-commerce, and mobile devices. Worldpay was established in 2009 and is headquartered in Jacksonville, Florida.

Buy -
Mergr

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