M&A Deal Summary |
|
|---|---|
| Date | 2021-06-09 |
| Target | Cleo |
| Sector | Software |
| Buyer(s) | H.I.G. Private Equity |
| Sellers(s) |
Alpine Investors
Peterson Partners Housatonic Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | UBS Investment Bank (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HIG Private Equity is the private equity arm of HIG Capital. The Firm focuses on management buyouts, growth equity investments, and recapitalizations of mid-sized to large companies valued between $50 million and $1 billion. HIG will also consider industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 291 of 383 |
| Sector: Software M&A | 9 of 12 |
| Type: Secondary Buyout M&A Deals | 41 of 72 |
| State: Illinois M&A | 12 of 18 |
| Country: United States M&A | 192 of 249 |
| Year: 2021 M&A | 18 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-26 |
Accounting Seed
Columbia, Maryland, United States Accounting Seed is a rapidly growing cloud-based accounting and financial management software platform. Accounting Seed offers a robust and scalable enterprise-grade technology stack and enables its customers to fully pilot their organizations with one system of record and unified workflow from the sales lead through to the general ledger. Accounting Seed was founded in 2008 and is based in Columbia, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-21 |
Enseo
Plano, Texas, United States Enseo is a provider of customer experience management technology in the U.S., offering solutions in hospitality, senior living, education, and healthcare. Enseo was founded in 2000 and is based in Plano, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 18.0B USD |
| Size | Mega |
| Type | Sector Focused |
Alpine Investors is a private investment firm that principally targets small to mid-sized, software and service company acquisitions in the US, Canada, Europe, and Australia. Alpine looks for businesses with cash-flow of $1 to $50 million and will consider both control and non-control positions. Alpine prefers businesses with recurring revenues, identifiable growth opportunities, sustainable margins, and significant barriers to entry. Alpine Investors was established in 2001 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 25 |
| Sector: Software M&A | 5 of 7 |
| Type: Secondary Buyout M&A Deals | 8 of 10 |
| State: Illinois M&A | 2 of 2 |
| Country: United States M&A | 20 of 25 |
| Year: 2021 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-23 |
Aspira
Dallas, Texas, United States Aspira is a provider of cloud-based reservation and licensing technologies to public and private campgrounds as well as federal, state, provincial and government park and conservation agencies, conveniently connecting them with outdoor adventure seekers from around the world. Aspira was founded in 1984 and is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-19 |
Antelope
San Francisco, California, United States Antelope is an omni-channel pet consumer platform focused on delivering high-quality, natural pet products via a buy-and-build strategy. Antelope is based in San Francisco, California. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1995 |
| PE ASSETS | 350M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Peterson Partners is a private equity firm that targets investments in lower middle-market growth companies located in the Western US. Peterson looks to commit between $5 and $25 million of equity in companies generating sales of at least $5 million. Sectors of interest include consumer products and services, business services, and manufacturing. Peterson Partners was formed in 1995 and is based in Salt Lake City, Utah.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 33 |
| Sector: Software M&A | 2 of 3 |
| Type: Secondary Buyout M&A Deals | 11 of 12 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 25 of 30 |
| Year: 2021 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-15 |
InMoment
Salt Lake City, Utah, United States InMoment is a cloud-based customer experience (CX) optimization platform. InMoment’s cloud-native XI Platform is engineered with data science at the core, and specifically architected to harness intelligence from across the entire experience ecosystem to deliver clear business value. InMoment was founded in 2002 and is based in Salt Lake City, Utah. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-13 |
My Hearing Centers
Salt Lake City, Utah, United States My Hearing Centers is a provider of hearing education and hearing care services. My Hearing Centers was established in 2010 and is based in Salt Lake City, Utah. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Housatonic Partners is a private equity firm focused on investing in growing, profitable companies with a preference for businesses generating recurring revenues. Target sectors include services, media, and communications. Housatonic looks to commit $10 to $30 million per transaction to support buyouts and recapitalizations. Prospective companies generally have high gross margins and moderate capital intensity. Housatonic was formed in 1994 and has offices in Boston, Massachusetts and San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 44 |
| Sector: Software M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 14 of 14 |
| State: Illinois M&A | 3 of 4 |
| Country: United States M&A | 40 of 42 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-12 |
Working Solutions
Plano, Texas, United States Working Solutions is a provider of customer sales and support services for enterprise contact centers. Working Solutions remote workforce includes sales, customer care, and technical experts. Working Solutions was founded in 1996 and is based in Plano, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-22 |
Veridic Solutions
Durant, Oklahoma, United States Veridic Solutions is a cloud and digital transformation services company. Veridic Solutions manages and deploys a team of highly trained software engineers that provide planning, migration, DevOps, and managed services. Veridic Solutions was founded in 2016 and is based in Durant, Oklahoma. |
Buy | - |
