M&A Deal Summary |
|
|---|---|
| Date | 2016-03-04 |
| Target | Quicken |
| Sector | Software |
| Buyer(s) | H.I.G. Private Equity |
| Sellers(s) | Intuit |
| Deal Type | Divestiture |
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 | 183 of 383 |
| Sector: Software M&A | 3 of 12 |
| Type: Divestiture M&A Deals | 24 of 48 |
| State: California M&A | 15 of 30 |
| Country: United States M&A | 127 of 249 |
| Year: 2016 M&A | 3 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-24 |
Salary.com
Waltham, Massachusetts, United States Salary.com is a provider of reliable information, software, and best practices for compensation professionals. The Company’s product offerings help employers find and analyze detailed, real-time, and accurate information about employee compensation, as well as providing a platform for managing their daily workflow. Salary.com was founded in 1999 and is based in Waltham, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-17 |
Halex Istar
Conjunto Caiçara, Brazil Halex Istar is a domestic manufacturer of injectable pharmaceutical in Brazil. Halex Istar broad portfolio ranges from products for electrolyte and energetic balance (sodium chloride, glucose and others) and antibiotics. The Company has over 2,000 customers and approximately 570 employees. |
Buy | - |
Intuit is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company's flagship products and services help customers solve business and financial management problems, such as running a small business, paying bills, filing income taxes, or managing personal finances. ProSeries and Lacerte are Intuit’s tax preparation offerings for professional accountants. Intuit's products and services are available in the United States, Canada, the United Kingdom, Australia, India and Singapore. Intuit was formed in 1983 and is based in Mountain View, California.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 12 |
| Sector: Software M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 7 of 10 |
| State: California M&A | 5 of 5 |
| Country: United States M&A | 9 of 12 |
| Year: 2016 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-15 |
Demandforce
San Francisco, California, United States Demandforce’s software as a service, or SaaS, application is used by thousands of small businesses to automate marketing and customer communications, build and maintain a strong online reputation and raise their profile with local consumers. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-08 |
Quickbase
Boston, Massachusetts, United States Quickbase provides a cloud-based platform that empowers problem solvers to quickly turn ideas for better ways to work into apps that make their organizations more efficient. Quickbase was founded in 1999 and is based in Boston, Massachusetts. |
Sell | - |
