M&A Deal Summary |
|
|---|---|
| Date | 2023-07-03 |
| Target | Cinerius |
| Sector | Business Services |
| Buyer(s) |
IK Partners
Summit Partners |
| Sellers(s) | Summit Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 14.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
IK Partners is a private equity firm that targets control investments in lower middle-market to large-sized companies throughout Europe. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The Firm looks to commit €10 to €300 million of equity capital per transaction and targets companies with strong cash-flows. IK Investment Partners was formerly known as Industry Kapital. IK Partners was formed in 1989 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 176 of 191 |
| Sector: Business Services M&A | 21 of 24 |
| Type: Secondary Buyout M&A Deals | 68 of 74 |
| Country: Switzerland M&A | 4 of 4 |
| Year: 2023 M&A | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-03 |
NEVERHACK
Guyancourt, France NEVERHACK is a provider of IT and cybersecurity services. NEVERHACK will serve large private groups and government agencies to provide solutions for their critical security needs and will offer an e-learning platform aimed at upskilling or reskilling IT, network and cyber professionals. NEVERHACK is based in Guyancourt, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-28 |
Klingel medical metal
Pforzheim, Germany Klingel medical metal is a manufacturer of high-precision and complex metal components mainly for a range of medical technology applications. Klingel medical metal was founded in 1986 and is based in Pforzheim, Germany. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 380 of 392 |
| Sector: Business Services M&A | 25 of 27 |
| Type: Secondary Buyout M&A Deals | 25 of 27 |
| Country: Switzerland M&A | 3 of 4 |
| Year: 2023 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-27 |
Formative
Santa Monica, California, United States Formative provides a SaaS platform used by K-12 teachers to create digital exercises and assessments to review student performance. Teachers and administrators use Formative to evaluate students' work in real-time, make instant teaching adjustments, track long-term student growth and drive strategic curriculum decisions. Formative was founded in 2013 and is based in Santa Monica, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-20 |
Klaviyo
Boston, Massachusetts, United States Klaviyo is a SaaS-based data and marketing platform that accelerates growth for companies by enabling them to leverage their owned marketing channels. Serving more than 265,000 companies worldwide, Klaviyo makes it easy to access, store, analyze, and use transactional and behavioral data to power highly targeted email and advertising campaigns. Klaviyo was founded in 2012 and is based in Boston, Massachusetts. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 278 of 294 |
| Sector: Business Services M&A | 19 of 19 |
| Type: Secondary Buyout M&A Deals | 55 of 64 |
| Country: Switzerland M&A | 2 of 2 |
| Year: 2023 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-27 |
Formative
Santa Monica, California, United States Formative provides a SaaS platform used by K-12 teachers to create digital exercises and assessments to review student performance. Teachers and administrators use Formative to evaluate students' work in real-time, make instant teaching adjustments, track long-term student growth and drive strategic curriculum decisions. Formative was founded in 2013 and is based in Santa Monica, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-20 |
Klaviyo
Boston, Massachusetts, United States Klaviyo is a SaaS-based data and marketing platform that accelerates growth for companies by enabling them to leverage their owned marketing channels. Serving more than 265,000 companies worldwide, Klaviyo makes it easy to access, store, analyze, and use transactional and behavioral data to power highly targeted email and advertising campaigns. Klaviyo was founded in 2012 and is based in Boston, Massachusetts. |
Sell | - |
