M&A Deal Summary

Hummingbird Acquires RedDot Solutions

On June 24, 2005, Hummingbird acquired information technology company RedDot Solutions from ViewPoint Capital Partners AG

Acquisition Highlights
  • This is Hummingbird’s 2nd transaction in the Information Technology sector.
  • This is Hummingbird’s 2nd transaction in Germany.

M&A Deal Summary

Date 2005-06-24
Target RedDot Solutions
Sector Information Technology
Buyer(s) Hummingbird
Sellers(s) ViewPoint Capital Partners AG
Deal Type Add-on Acquisition

Target

RedDot Solutions

Oldenburg, Germany
RedDot Solutions GmbH is a provider of web content management solutions. The Company has been awarded many times for its products high Convenience-of-Use and smoothless implementation and is the only European based company in this sector with successful business operations in the USA.

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Buyer(S) 1

Buyer

Hummingbird

Toronto, Ontario, Canada

Category Company
Founded 1984
Sector Software
DESCRIPTION

Hummingbird Ltd. is an enterprise software and solutions company that specializes in the development of decision-enabling web-based work environments.


DEAL STATS #
Overall 7 of 7
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Germany M&A 2 of 2
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-23 PeopleDoc

Edinburgh, United Kingdom

PeopleDoc Ltd. is a UK-based, privately held company specializing in software used to create secure, Web-based collaborative environments in which projects can be managed across the extended enterprise.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

ViewPoint Capital Partners is a private equity firm focused on acquiring majority/minority stakes in growing, lower middle-market software and internet technology companies. ViewPoint looks for opportunities in German-speaking countries, the Benelux, and France. Target businesses generally have €3 to €30 million in sales, where ViewPoint can commit up to €15 million in capital to facilitate growth. ViewPoint Capital Partners was formed in 2000 and is based in Zurich.


DEAL STATS #
Overall 1 of 10
Sector: Information Technology M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 6
Country: Germany M&A 1 of 7
Year: 2005 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-10 arcplan Information Services

Langenfeld, Germany

arcplan Information Services GmbH was a vendor of Enterprise Performance Management software and services that enable cost-effective, cross-functional performance management with real-time data access.

Buy €28M