M&A Deal Summary |
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Date | 2021-11-22 |
Target | athenahealth |
Sector | Internet Software and Services |
Buyer(s) |
Hellman & Friedman
Bain Capital Private Equity Bain Capital Tech Opportunities Bain Capital Double Impact |
Sellers(s) |
Veritas Capital
Evergreen Coast Capital |
Deal Type | Secondary Buyout |
Deal Value | 17.0B USD |
Advisor(s) | Evercore Group Goldman Sachs (Financial) Milbank (Legal) |
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Category | Private Equity Firm |
---|---|
Founded | 1984 |
PE ASSETS | 50.0B USD |
Size | Mega |
Type | Sector Agnostic |
Hellman & Friedman (H&F) is a large private equity firm on the West Coast of the US. H&F focuses on control and minority investments in a variety of transaction structures and will consider opportunities across the US and Europe. H&F seeks buyouts and business in need of restructurings that operate in defensible markets with predictable revenue and earnings growth. Target sectors include financial services, healthcare, indusrial, energy, insurance, media, marketing, professional services, software, and information services. H&F's target equity investment size is $300 million to $1 billion. Hellman & Friedman was formed in 1984 and has offices in San Francisco, New York City, and London.
DEAL STATS | # |
---|---|
Overall | 85 of 88 |
Sector (Internet Software and Services) | 9 of 10 |
Type (Secondary Buyout) | 25 of 26 |
State (Massachusetts) | 5 of 5 |
Country (United States) | 58 of 61 |
Year (2021) | 9 of 9 |
Size (of disclosed) | 2 of 39 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-10-25 |
zooplus
Munich, Germany zooplus is an online retailer of pet products in 24 European countries particularly pet food and accessories for all important types of pets. zooplus was founded in 1999 and is based in Munich, Germany. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-04-11 |
NPD
Port Washington, New York, United States NPD offers data, industry expertise, and prescriptive analytics to help clients grow their businesses in a changing world. NPD helps to measure, predict, and improve performance across all channels, including brick-and-mortar, e-commerce, and B2B. NPD was established in 1966 and is based in Port Washington, New York. |
Sell | - |
Category | Private Equity Firm |
---|---|
Founded | 1984 |
PE ASSETS | 44.2B USD |
Size | Mega |
Type | Sector Agnostic |
Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.
DEAL STATS | # |
---|---|
Overall | 209 of 238 |
Sector (Internet Software and Services) | 8 of 8 |
Type (Secondary Buyout) | 56 of 67 |
State (Massachusetts) | 12 of 12 |
Country (United States) | 110 of 124 |
Year (2021) | 17 of 17 |
Size (of disclosed) | 4 of 72 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-11-19 |
InnovaCare Health
Orlando, Florida, United States InnovaCare Health improves the lives of patients and physicians through innovative solutions for value-based healthcare. Throughout its 20+ year history, InnovaCare Health has owned, operated, and managed an integrated portfolio of medical groups, health plans, medical service organizations, clinical networks, and more. InnovaCare Health was founded in 1998 is based in Orlando, Florida. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-01-01 |
360 One Wam
Mumbai, India 360 One Wam is a provider of financial products and services in India. 360 One Wam was founded in 2008 and is based in Mumbai, India. |
Buy | - |
DEAL STATS | # |
---|---|
Overall | 11 of 19 |
Sector (Internet Software and Services) | 6 of 6 |
Type (Secondary Buyout) | 1 of 3 |
State (Massachusetts) | 1 of 1 |
Country (United States) | 7 of 11 |
Year (2021) | 6 of 6 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-11-16 |
Mixpanel
San Francisco, California, United States Mixpanel is a product analytics provider with UI and product-led growth strategy, empowering companies to answer more than 70M product questions monthly about how users engage with their websites and apps. Mixpanel was founded in 2009 and is based in San Francisco, California. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-05-06 |
Blackpoint Cyber
Ellicott City, Maryland, United States Blackpoint Cyber offers world-class, nation state-grade cybersecurity ecosystem serving the MSP community. Blackpoint Cyber was founded in 2014 and is based in Ellicott City, Maryland. |
Buy | - |
Bain Capital Double Impact is the social and wellness investment arm of Bain Capital. The Firm looks to invest in mission-driven companies that deliver both competitive financial returns and meaningful, measurable social and environmental good. Bain Capital Double Impact is based in Boston, Massachusetts.
DEAL STATS | # |
---|---|
Overall | 15 of 18 |
Sector (Internet Software and Services) | 3 of 3 |
Type (Secondary Buyout) | 5 of 7 |
State (Massachusetts) | 3 of 3 |
Country (United States) | 14 of 17 |
Year (2021) | 6 of 6 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-05-12 |
ConvenientMD
Portsmouth, New Hampshire, United States ConvenientMD is an urgent care provider dedicated to delivering the best medical care and patient experience throughout Maine, New Hampshire, and Massachusetts. All state-of-the-art urgent care centers are staffed with expert medical professionals and certified lead providers who are committed to providing high-quality, convenient, and affordable treatment for patients of all ages. ConvenientMD was founded in 2012 and is based in Portsmouth, New Hampshire. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-01-26 |
AqueoUS Vets
Redding, California, United States AqueoUS Vets is a provider and servicer of water treatment systems that address long-standing and emerging contaminants in the U.S. water infrastructure. The Company offers a turnkey approach to building, installing, and servicing custom water treatment systems that leverage advanced design technology and ensure long-term operational reliability. AV currently treats an estimated 168 million gallons per day for local, state, and federal government entities with more than 290 million gallons per day of treatment capacity in production, including the Los Angeles Department of Water & Power, Orange County Water District, and the City of Anaheim in California, as well as private industrial and commercial customers. AqueoUS Vets was founded in 2015 and is based in Redding, California. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 1992 |
PE ASSETS | 40.0B USD |
Size | Mega |
Type | Sector Agnostic |
Veritas Capital is a private equity investment firm that targets investments in defense, aerospace, government services, media/telecommunications, consumer products, and specialty manufacturing companies. Veritas generally partners with management when pursuing investments. Prospective transaction situations include buyouts, growth capital investments, and leveraged recapitalizations. Veritas Capital was established in 1992 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 24 of 27 |
Sector (Internet Software and Services) | 2 of 3 |
Type (Secondary Buyout) | 8 of 9 |
State (Massachusetts) | 3 of 3 |
Country (United States) | 24 of 27 |
Year (2021) | 3 of 4 |
Size (of disclosed) | 1 of 14 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-09-30 |
Arcfield
Chantilly, Virginia, United States Arcfield is a provider of full lifecycle, mission-focused systems engineering and integration capabilities to the U.S. Intelligence Community, Department of Defense and other agencies. The company has more than 60 years of proven experience providing advanced engineering and analysis, IT and C5ISR capabilities to support our nation’s most critical national security missions. Arcfield is headquartered in Chantilly, Virginia. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-12-01 |
Finalsite
Glastonbury, Connecticut, United States Finalsite is a SaaS-based learning and communications platform for K-12 independent and public schools and higher education institutions in the U.S. and internationally. The platform manages all aspects of a school’s web presence and facilitates the distribution of digital content across school communities and in classrooms via a proprietary, SaaS-based software suite accessed through desktops and mobile devices. Finalsite was founded in 1998 and is based in Glastonbury, Connecticut. |
Buy | - |
Evergreen Coast Capital is a private equity firm that invests in a variety of industries and situations throughout the US. Evergreen Coast Capital is headquartered in Menlo Park, California.
DEAL STATS | # |
---|---|
Overall | 1 of 4 |
Sector (Internet Software and Services) | 1 of 1 |
Type (Secondary Buyout) | 1 of 1 |
State (Massachusetts) | 1 of 1 |
Country (United States) | 1 of 4 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-11-08 |
DreamBox Learning
Bellevue, Washington, United States DreamBox Learning provides a deeply personalized learning experience that guides and engages students at all levels with a combination of a rigorous K-8 math curriculum and a motivating learning environment that work seamlessly with pioneering Intelligent Adaptive technology. DreamBox Learning was founded in 2006 and is based in Bellevue, Washington. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-01-31 |
Citrix
Fort Lauderdale, Florida, United States Citrix develops and sells products and services that enable the secure and reliable delivery of applications and data over public, private, or hybrid clouds or networks, to virtually any type of device. The Company markets and licenses its products directly to customers, over the Web, and through systems integrators, or SIs, in addition, to indirectly through value-added resellers, or VARs, value-added distributors, or VADs, original equipment manufacturers, or OEMs and service providers. Citrix was established in 1989 and is based in Ft. Lauderdale, Florida. |
Buy | $16.5B |