M&A Deal Summary |
|
|---|---|
| Date | 2007-03-23 |
| Target | UKG |
| Sector | Internet Software and Services |
| Buyer(s) |
Hellman & Friedman
JMI Equity The Blackstone Group GIC Lead Edge Capital CPP Investments |
| Deal Type | Going Private |
| Deal Value | 1.8B USD |
| Advisor(s) | Wilmer Cutler Pickering Hale and Dorr (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 115.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Hellman & Friedman 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 | 29 of 90 |
| Sector: Internet Software and Services M&A | 2 of 10 |
| Type: Going Private M&A Deals | 4 of 17 |
| State: Massachusetts M&A | 2 of 6 |
| Country: United States M&A | 22 of 62 |
| Year: 2007 M&A | 1 of 5 |
| Size (of disclosed) | 21 of 40 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-01 |
Arch Capital
Pembroke, Bermuda Arch Capital is a reinsurance and insurance company. The proceeds of this financing were used to launch a major underwriting initiative to meet current and future demand in the global insurance marketplace. Arch Capital was founded in 1995 and is based in Pembroke, Bermuda. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-28 |
Mitchell
San Diego, California, United States Mitchell is a provider of information, workflow, and performance management solutions to the automotive insurance claims and collision repair industries. Mitchell was founded in 1946 and is based in San Diego, California. |
Sell | $500M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 7.5B USD |
| Size | Mega |
| Type | Sector Focused |
JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $25 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 130 |
| Sector: Internet Software and Services M&A | 5 of 46 |
| Type: Going Private M&A Deals | 4 of 7 |
| State: Massachusetts M&A | 6 of 10 |
| Country: United States M&A | 38 of 114 |
| Year: 2007 M&A | 2 of 5 |
| Size (of disclosed) | 3 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-10 |
Nimsoft
Campbell, California, United States Nimsoft is a provider of IT performance and availability monitoring solutions. Nimsoft is the premier provider of business-focused service level management solutions that customers can easily deploy and use. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-28 |
Mitchell
San Diego, California, United States Mitchell is a provider of information, workflow, and performance management solutions to the automotive insurance claims and collision repair industries. Mitchell was founded in 1946 and is based in San Diego, California. |
Sell | $500M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 394.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 110 of 362 |
| Sector: Internet Software and Services M&A | 4 of 24 |
| Type: Going Private M&A Deals | 7 of 41 |
| State: Massachusetts M&A | 3 of 11 |
| Country: United States M&A | 77 of 230 |
| Year: 2007 M&A | 4 of 13 |
| Size (of disclosed) | 70 of 183 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-22 |
RGIS
Auburn Hills, Michigan, United States RGIS is a provider of inventory counting and related services for retailers, including the supermarket, general merchandise, apparel, home improvement, and drug store segments. RGIS was founded in 1958 and is based in Auburn Hills, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-18 |
Extended Stay America
Charlotte, North Carolina, United States Extended Stay America is an operator of moderate-price extended-stay hotels in North America, with 600+ hotels and approximately 76,000 rooms located in 44 states and Canada. The Company currently operates under five brands in the extended-stay segment: Extended Stay Deluxe, Extended Stay America, Homestead Studio Suites, StudioPlus and Crossland. Extended Stay America was founded in 1995 and is headquartered in Charlotte, North Carolina. |
Sell | $8.0B |
GIC Private Ltd. is the investment arm of Singapore. The Group primarily invests through three investment groups, including public markets, private equity and real estate. GIC's private equity practice looks to invest in funds as well as directly in companies. GIC is based in Singapore with additional offices globally.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 46 |
| Sector: Internet Software and Services M&A | 1 of 5 |
| Type: Going Private M&A Deals | 1 of 6 |
| State: Massachusetts M&A | 1 of 2 |
| Country: United States M&A | 1 of 17 |
| Year: 2007 M&A | 1 of 1 |
| Size (of disclosed) | 12 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-31 |
Fleet Partners Pty
Richmond, Australia Fleet Partners Pty Ltd. is a provider of passenger and commercial vehicle fleet management services in Australia and New Zealand. FleetPartners provides fully maintained and funded operating leases to its customers and typically takes on the residual value risk of the vehicle. It also provides a range of novated and finance leases and other niche products depending on the needs of its customers. Fleet Partners was established in 2006 and is based in Richmond, Australia. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2009 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Focused |
Lead Edge Capital is a growth capital firm focused on software, internet, consumer, and tech-enabled services companies. The Firm has no geographic preferences and will consider both private and public company investments. Leading Edge's investment size is $25 to $300 million. Lead Edge Capital was established in 2009 and is headquartered in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 54 |
| Sector: Internet Software and Services M&A | 1 of 27 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: Massachusetts M&A | 1 of 5 |
| Country: United States M&A | 1 of 44 |
| Year: 2007 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-11 |
Alibaba Group
Hong Kong, China Alibaba Group is a group of Chinese e-commerce businesses including Alibaba.com, Taobao, and Alipay. Alibaba Group was founded in 1999 and is based in Hong Kong, China. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-10-13 |
Red Ventures
Fort Mill, South Carolina, United States Red Ventures operates a portfolio of influential brands, digital platforms, and strategic partnerships that work together to connect millions of people with expert advice. Red Ventures was founded in 2000 and is based in Fort Mill, South Carolina. |
Buy | - |
CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 69 |
| Sector: Internet Software and Services M&A | 1 of 4 |
| Type: Going Private M&A Deals | 1 of 13 |
| State: Massachusetts M&A | 1 of 2 |
| Country: United States M&A | 1 of 36 |
| Year: 2007 M&A | 1 of 1 |
| Size (of disclosed) | 21 of 29 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-07-18 |
Dorna
Madrid, Spain Dorna is an international sports management, media, and marketing company that holds the global commercial and broadcasting rights for MotoGP. Dorna |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-09-30 |
Gates Industrial
Denver, Colorado, United States Gates Industrial is a manufacturer of power transmission belts and a premier global manufacturer of fluid power products. Gates Industrial was founded in 1911 and is based in Denver, Colorado. |
Buy | $5.0B |
