Investment Summary

Housatonic Partners Invests In Veridic Solutions

On September 22, 2021, private equity firm Housatonic Partners invested in internet software and services company Veridic Solutions

Investment Highlights
  • This is Housatonic Partners’ 5th transaction in the Internet Software and Services sector.
  • This is Housatonic Partners’ 66th transaction in the United States.
  • This is Housatonic Partners’ 1st transaction in Oklahoma.

Investment Summary
Date 2021-09-22
Target Veridic Solutions
Sector Internet Software and Services
Investor(s) Housatonic Partners
Deal Type Growth Capital

Target

Veridic Solutions

Durant, Oklahoma, United States
Veridic Solutions is a cloud and digital transformation services company. Veridic Solutions manages and deploys a team of highly trained software engineers that provide planning, migration, DevOps, and managed services. Veridic Solutions was founded in 2016 and is based in Durant, Oklahoma.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Housatonic Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Housatonic Partners is a private equity firm focused on investing in growing, profitable companies with a preference for businesses generating recurring revenues. Target sectors include services, media, and communications. Housatonic looks to commit $10 to $30 million per transaction to support buyouts and recapitalizations. Prospective companies generally have high gross margins and moderate capital intensity. Housatonic was formed in 1994 and has offices in Boston, Massachusetts and San Francisco, California.

DEAL STATS #
Overall 71 of 79
Sector (Internet Software and Services) 5 of 7
Type (Growth Capital) 16 of 21
State (Oklahoma) 1 of 1
Country (United States) 66 of 73
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-09 Cleo

Rockford, Illinois, United States

Cleo is an ecosystem integration software company whose solutions simplify the movement and integration of critical B2B enterprise data, thereby enabling business agility and business flow visibility. The Cleo Integration Cloud (CIC) is a cloud-based platform that brings end-to-end integration visibility across API, EDI, and non-EDI integrations and gives technical and business users the confidence and capability to rapidly onboard trading partners, enable integration between applications, and accelerate revenue-generating business processes. Cleo was founded in 1976 and is based in Rockford, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 Mobile Vascular Physicians

Bethpage, New York, United States

Mobile Vascular Physicians provides onsite consultations, ultrasounds, and other preventive vascular services within LTC facilities, maximizing patient convenience and clinical outcomes. Mobile Vascular Physicians was founded in 2018 and is based in Bethpage, New York.

Buy -
Mergr

Product

Company

Legal