Investment Summary

Helios Capital and Lewis Hollingsworth Invest In BillMatrix

On July 7, 1997, private equity firms Helios Capital and Lewis Hollingsworth invested in internet software and services company BillMatrix

Investment Highlights
  • This is Helios Capital’s 2nd and Lewis Hollingsworth’s 1st transaction in the Internet Software and Services sector.
  • This is Helios Capital’s 8th and Lewis Hollingsworth’s 2nd transaction in the United States.
  • This is Helios Capital’s 4th and Lewis Hollingsworth’s 1st transaction in Texas.
Investment Fate
  • BillMatrix was sold to a consortium of financial buyers in 2003.
  • BillMatrix was sold to a publicly-traded strategic buyer in 2005 for 355M USD.

Investment Summary

Date 1997-07-07
Target BillMatrix
Sector Internet Software and Services
Investor(s) Helios Capital
Lewis Hollingsworth
Deal Type Growth Capital

Target

BillMatrix

Dallas, Texas, United States
BillMatrix Corp. is a provider of outsourced electronic bill payment services. BillMatrix provides comprehensive electronic bill payment solutions and services over the telephone and internet. It provides a business-to-business service, which allows businesses to offer consumers of their products and services the ability to securely and efficiently pay recurring bills, such as monthly cellular, utility, and insurance bills.

Search 214,600 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor

Helios Capital

Dallas, Texas, United States

Investor


Category Private Equity Firm
Founded 2004
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Helios Capital is a Dallas based private investment firm that targets middle-market company investments with revenues greater than $25 million. Areas of interest include business and financial services, consumer products and services, technology, media, healthcare, and industrial. Helios will invest up to $75 million of equity per transaction in companies valued up to $500 million. Prospective transaction types include management Buyouts, divestitures, operator buy-ins, owner recapitalizations, family successions, growth capital infusions, special situations/turnarounds, and public-to-private transactions. Helios Capital is based in Dallas, Texas.


DEAL STATS #
Overall 8 of 23
Sector: Internet Software and Services M&A 2 of 3
Type: Growth Capital M&A Deals 3 of 11
State: Texas M&A 4 of 12
Country: United States M&A 8 of 23
Year: 1997 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-11-01 Synapse Group

Stamford, Connecticut, United States

Synapse is an affinity marketing company and subscription services provider for more than 600 major magazines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-02-01 American Crop Services

Union City, Tennessee, United States

American Crop Services, Inc., provides outsourced fertilizer and chemical application and spraying services as well as operated 32 super farm centers that retailed agricultural inputs.

Buy -
Investor

Lewis Hollingsworth

Dallas, Texas, United States

Category Private Equity Firm
Founded 1987
Size Small
Type Sector Agnostic
DESCRIPTION

Lewis Hollingsworth is an investment firm that targets traditional private equity investments primarily in growth-oriented manufacturing companies. Typical transaction types include growth capital financings, recapitalizations, industry consolidations, and leveraged buyouts. Lewis Hollingsworth was formed in 1987 and is based in Dallas, Texas. Lewis Hollingsworth L.P. is out of business.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Growth Capital M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 1997 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-07-01 Belding Hausman

Lincolnton, North Carolina, United States

Belding Hausman manufactures specialty textiles; primarily drapery and home furnishing fabrics that require quick turnaround for retailers, like JC Penney and Target, who have JIT inventory programs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-08 BillMatrix

Dallas, Texas, United States

BillMatrix Corp. is a provider of outsourced electronic bill payment services. BillMatrix provides comprehensive electronic bill payment solutions and services over the telephone and internet. It provides a business-to-business service, which allows businesses to offer consumers of their products and services the ability to securely and efficiently pay recurring bills, such as monthly cellular, utility, and insurance bills.

Sell -