M&A Deal Summary |
|
|---|---|
| Date | 2006-11-29 |
| Target | Intergraph |
| Sector | Software |
| Buyer(s) |
Hellman & Friedman
TPG JMI Equity |
| Deal Type | Going Private |
| Deal Value | 1.3B USD |
| Advisor(s) | Bass, Berry & Sims (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 | 27 of 90 |
| Sector: Software M&A | 5 of 12 |
| Type: Going Private M&A Deals | 3 of 17 |
| State: Alabama M&A | 1 of 1 |
| Country: United States M&A | 21 of 62 |
| Year: 2006 M&A | 7 of 8 |
| Size (of disclosed) | 26 of 40 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-16 |
Change Healthcare
Nashville, Tennessee, United States Change Healthcare is a provider of revenue cycle management and clinical communication solutions that enables payers, providers and patients to improve healthcare business processes. Change Healthcare is based in Nashville, Tennessee. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-01 |
Paris Re Holdings
Zug, Switzerland Paris Re Holdings Ltd. is a property and casualty reinsurer with a global market presence. |
Buy | $1.6B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 86 of 453 |
| Sector: Software M&A | 3 of 40 |
| Type: Going Private M&A Deals | 10 of 40 |
| State: Alabama M&A | 1 of 2 |
| Country: United States M&A | 61 of 299 |
| Year: 2006 M&A | 17 of 19 |
| Size (of disclosed) | 63 of 114 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-18 |
David s Bridal
Conshohocken, Pennsylvania, United States David’s Bridal is a retailer of bridal gowns and bridal-party related merchandise through its David’s Bridal stores and Priscilla of Boston stores. David’s Bridal stores provide an assortment of designer wedding gowns, special occasion dresses and accessories at affordable prices. Known for value, fashionable designs and the ease of one-stop shopping, David’s Bridal designs, produces and sells a wide selection of styles and sizes through a network of over 300 US and 5 Canadian stores. David's Bridal is based in Conshohocken, Pennsylvania. |
Buy | $750M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-12 |
Sabre
Southlake, Texas, United States Sabre is a technology software provider to the travel and tourism industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre was formed in 2006 and is based in Southlake, Texas. |
Buy | $5.0B |
| 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 | 38 of 130 |
| Sector: Software M&A | 23 of 55 |
| Type: Going Private M&A Deals | 3 of 7 |
| State: Alabama M&A | 1 of 1 |
| Country: United States M&A | 34 of 114 |
| Year: 2006 M&A | 9 of 11 |
| Size (of disclosed) | 4 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-18 |
Network Intelligence
Westwood, Massachusetts, United States Network Intelligence Corp. is a provider of security and network event management solutions. The Companys solutions collect and correlate the event data from security and network devices to create a clear picture of network usage and security policy compliance on enterprise and government networks. |
Sell | $175M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-05 |
ServiceNow
Santa Clara, California, United States ServiceNow is a provider of service management software that automates and manages enterprise service relationships. ServiceNow was formed in 2004 and is based in Santa Clara, California. |
Buy | - |