Investment Summary

IA Capital Group Invests In TIO Networks

On December 17, 2007, venture capital firm IA Capital Group invested in internet software and services company TIO Networks

Investment Highlights
  • This is IA Capital Group’s 1st transaction in the Internet Software and Services sector.
  • This is IA Capital Group’s 1st transaction in Canada.
  • This is IA Capital Group’s 1st transaction in British Columbia.
Investment Fate
  • TIO Networks was sold to a strategic buyer in 2017 for 304M CAD.

Investment Summary

Date 2007-12-17
Target TIO Networks
Sector Internet Software and Services
Investor(s) IA Capital Group
Deal Type PIPE

Target

TIO Networks

Vancouver, British Columbia, Canada
TIO Networks Corp. is a cloud-based multi-channel bill payment processing and receivables management provider, serving the largest telecom, wireless, cable, and utility bill issuers in North America. TIO integrates with the back office of billing systems to accept, validate, and collect payments via self-service kiosk, retail walk-in, mobile, and web solutions.

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Investor(S) 1

Investor

IA Capital Group

Westport, Connecticut, United States

Investor Investor Investor Investor Investor


Category Venture Capital Firm
Founded 1992
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Inter-Atlantic Group is a specialist private investment firm focused on opportunities within the financial and business services sectors. Specific sectors of interest include financial technology, banking, insurance, asset management and service providers to the financial services industry. The Firm primarily looks for opportunities based in the US. Inter-Atlantic was formed in 1992 and is based in New York City.


DEAL STATS #
Overall 9 of 23
Sector: Internet Software and Services M&A 1 of 3
Type: PIPE M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2007 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-16 Red Vision Systems

Parsippany, New Jersey, United States

Red Vision Systems, Inc. is a independent provider of innovative Real Property Research solutions, combining experts and technology to improve service levels and the bottom line. RedVision serves users of title evidence looking for relevant and accurate information to make sound business decisions relating to real property transactions.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-31 GovernanceMetrics

New York, New York, United States

GovernanceMetrics International is an independent provider of corporate governance and executive compensation information and analysis based in Portland, Maine. The company utilizes a series of detailed and proprietary metrics and mathematical algorithms to evaluate a company’s corporate governance policies and procedures. GovernanceMetrics was formed in 1999 and is based in New York, New York.

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