Investment Summary

Hale Global Exits QL2

On January 1, 2019, invested in internet software and services company QL2 from Hale Global

Investment Highlights
  • This is transaction in the Internet Software and Services sector.
  • This is transaction in the United States.
  • This is transaction in Maryland.

Investment Summary

Date 2019-01-01
Target QL2
Sector Internet Software and Services
Sellers(s) Hale Global
Deal Type Unknown

Target

QL2

Baltimore, Maryland, United States
QL2 is providing services and technology for near real-time pricing and product data from unstructured sources such as the Web. QL2 was founded in 2003 and is based in Baltimore, Maryland.

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Seller(S) 1

SELLER
DESCRIPTION

Hale Global is a specialist private equity firm focused on acquiring information technology companies. Areas of interest within IT include enterprise application, infrastructure and tools software companies; systems integrators; and telecommunications and networking systems equipment companies. Target acquisitions typically have annual revenues of $5 to $150 million. Hale Global was formerly known as DivestCap and changed its name in 2009. Hale Global was formed in 2001 and has offices in New York and Seattle.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-15 Patch Media

New York, New York, United States

Patch Media is a network of hyperlocal news sites in 900 communities across America. Patch Media serves as a digital town square, where citizens and businesses can connect with others in their communities. Patch Media was founded in 2008 and is based in New York, New York.

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