Investment Summary

Hyperion Solutions Invests In Brio Software

On July 1, 2003, Hyperion Solutions invested in software company Brio Software from Spring Lake Equity Partners

Investment Highlights
  • This is Hyperion Solutions’ 1st transaction in the Software sector.
  • This is Hyperion Solutions’ 1st transaction in the United States.
  • This is Hyperion Solutions’ 1st transaction in California.

Investment Summary

Date 2003-07-01
Target Brio Software
Sector Software
Investor(s) Hyperion Solutions
Sellers(s) Spring Lake Equity Partners
Deal Type Acquisition Financing

Target

Brio Software

Santa Clara, California, United States
Brio Technology is a provider of business intelligence software solutions, with software products providing database query, analysis and reporting tools for client/server and Web organizations that enhance organizations' decision making capabilities.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Hyperion Solutions

Santa Clara, California, United States

Category Company
Founded 1981
Sector Software
Employees2,864
DESCRIPTION

Hyperion Software creates applications that support enterprise wide financial planning budgeting, forecasting, consolidation and business analysis.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Acquisition Financing M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2003 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Spring Lake Equity Partners is a private venture capital firm focused on later-stage technology company investments. The Firm looks to invest $7 to $15 million in growth-oriented companies with up to $100 million in revenue. Specific areas of interest include software, digital media, mobile, data center infrastructure, healthcare IT, and business/financial services. Spring Lake Equity was formed in 2013 after spinning-off from Tudor Investment Corporation. The Firm is based in Boston, Massachusetts.


DEAL STATS #
Overall 8 of 39
Sector: Software M&A 1 of 10
Type: Acquisition Financing M&A Deals 1 of 1
State: California M&A 3 of 9
Country: United States M&A 8 of 38
Year: 2003 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-16 InfoLibria

Waltham, Massachusetts, United States

InfoLibria is a leader in providing Internet infrastructure solutions that enable Internet service providers to deliver high-quality video and Web acceleration services to content providers, while enriching the end user experience.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-01 Vixel

Bothell, Washington, United States

Vixel Corporation offers customers real world solutions for storage networking. As a leading provider of Storage Area Network (SAN) solutions, the company's comprehensive portfolio of multivendor certified solutions, switches, hubs, transceivers and integrated management software delivers reliable, interoperable solutions to its customers and partners.

Sell -