Investment Summary |
|
|---|---|
| Date | 2021-04-06 |
| Target | Concord |
| Sector | Information Technology |
| Investor(s) |
H.I.G. Private Equity
Cobalt Ventures |
| Deal Type | Growth Capital |
| Advisor(s) | Hennepin Partners Clearsight Advisors (Financial) Faegre Baker Daniels LLP (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 | 284 of 383 |
| Sector: Information Technology M&A | 20 of 28 |
| Type: Growth Capital M&A Deals | 51 of 67 |
| State: Minnesota M&A | 3 of 4 |
| Country: United States M&A | 187 of 249 |
| Year: 2021 M&A | 11 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-05 |
SMTC
Markham, Ontario, Canada SMTC is a provider of end-to-end electronics manufacturing services (EMS) including PCBA production, systems integration, and comprehensive testing services, enclosure fabrication, as well as product design, sustaining engineering, and supply chain management services. SMTC was founded in 1985 and is based in Markham, Canada. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-20 |
Windows USA
Irving, Texas, United States Windows USA is a provider of replacement vinyl windows to homeowners in 20 states across the Southern U.S. Windows USA also provides its high-quality products and services to wholesale distributors and dealers through its Window Mart affiliate. Windows USA is based in Irving, Texas. |
Buy | - |
Cobalt Ventures is the private equity investment arm of Blue Cross and Blue Shield of Kansas City. The Firm looks to invest $10 to $75 million (majority or minority positions) to support scalable, high-growth healthcare companies that are seeking to increase the overall quality of healthcare services, improve outcomes and lower costs for customers and members. Specific areas of interest include home healthcare/hospice, outpatient services, telehealth, pharmaceutical distribution, and tech-enabled healthcare services. Cobalt Ventures is based in Kansas City, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Growth Capital M&A Deals | 3 of 3 |
| State: Minnesota M&A | 1 of 1 |
| Country: United States M&A | 7 of 8 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-25 |
Bardavon
Overland Park, Kansas, United States Bardavon is a cloud-based, clinical intelligence and analytics company focused on improving musculoskeletal patient outcomes in both the workers’ compensation and commercial healthcare arena. Bardavon was founded in 2013 and is based in Overland Park, Kansas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-14 |
RecoveryOne
San Francisco, California, United States RecoveryOne partners with health plans and self-insured employers to provide a digital physical therapy platform to their members. RecoveryOne was founded in 2014 and is based in San Francisco, California. |
Buy | - |