M&A Deal Summary

HID Global Acquires Crossmatch

On September 24, 2018, HID Global acquired safety/security company Crossmatch from Francisco Partners

Acquisition Highlights
  • This is HID Global’s 3rd transaction in the Safety/Security sector.
  • This is HID Global’s 9th transaction in the United States.
  • This is HID Global’s 3rd transaction in Florida.

M&A Deal Summary
Date 2018-09-24
Target Crossmatch
Sector Safety/Security
Buyer(s) HID Global
Sellers(s) Francisco Partners
Deal Type Add-on Acquisition

Target

Crossmatch

Palm Beach Gardens, Florida, United States
Crossmatch is a provider of biometric identity management and secure authentication solutions. Crossmatch was founded in 1996 and is headquartered in Palm Beach Gardens, Florida.

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Buyer(S) 1

Buyer

HID Global

Austin, Texas, United States
Category Company
Founded 1991
Sector Safety/Security
DESCRIPTION

HID Global Corporation provides secure identity solutions.

DEAL STATS #
Overall 11 of 22
Sector (Safety/Security) 3 of 3
Type (Add-on Acquisition) 8 of 18
State (Florida) 3 of 3
Country (United States) 9 of 15
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 Cross Match Technologies

Palm Beach Gardens, Florida, United States

Cross Match Technologies, Inc. is a provider of biometric identity management systems, applications and enabling technologies to governments, law enforcement agencies and businesses around the world. These solutions are used to capture and process the unique physical characteristics of individuals to establish and verify their identities. Offerings include multiple biometric technologies capable of wireless, mobile or stationary use that encompass fingerprint, palm and full-hand scanners, facial capture systems, iris scanning technology, document readers, biometric software, and related services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 De La Rue - Citizen Identity Business

Basingstoke, United Kingdom

De La Rue plc - Citizen Identity Business delivers identity documents and software solutions for governments around the world. It issues secure identity documents for more than 25 countries, with significant market presence in Africa, Asia, Europe, Latin America, and the Middle East.

Buy -

Seller(S) 1

SELLER

Francisco Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 45.0B USD
Size Mega
Type Sector Focused
DESCRIPTION
Francisco Partners' headquarters in San Francisco, California.
Francisco Partners' headquarters in San Francisco, California.

Francisco Partners is a private equity firm focused exclusively on investments in technology and technology-enabled services. Specific areas of interest include semiconductors, capital equipment, electronics components, systems and manufacturing, IT services and business process outsourcing, communications, security and enterprise applications, and infrastructure software. Prospective investment situations include divisional buyouts, growth equity financings, acquisitions of private companies, sponsored mergers and acquisitions, and take-privates. Francisco Partners looks for opportunities where it can commit a minimum of $100 million per investment. Francisco Partners was formed in 1999 and is based in San Francisco, California.

DEAL STATS #
Overall 53 of 81
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 33 of 49
State (Florida) 2 of 4
Country (United States) 43 of 67
Year (2018) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 Cross Match Technologies

Palm Beach Gardens, Florida, United States

Cross Match Technologies, Inc. is a provider of biometric identity management systems, applications and enabling technologies to governments, law enforcement agencies and businesses around the world. These solutions are used to capture and process the unique physical characteristics of individuals to establish and verify their identities. Offerings include multiple biometric technologies capable of wireless, mobile or stationary use that encompass fingerprint, palm and full-hand scanners, facial capture systems, iris scanning technology, document readers, biometric software, and related services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-22 GreenSlate

Delhi, New York, United States

GreenSlate is a provider of technology-enabled payroll and accounting solutions for the entertainment industry. The company advances the business of content production by seamlessly integrating people, processes, and technology to meet the essential business needs of content producers. Its technology, tax management, and benefits services enable production teams to focus more on what they do best - creating inspiring content. GreenSlate was founded in 2004 and is based in Delhi, New York.

Buy -
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