Investment Summary |
|
|---|---|
| Date | 2016-02-18 |
| Target | Lytx |
| Sector | Information Technology |
| Investor(s) |
GTCR
Clearlake Capital |
| Sellers(s) |
Integral Capital Partners
JMI Equity Welsh Carson Anderson & Stowe |
| Deal Type | Secondary Buyout |
| Deal Value | 500M USD |
| Advisor(s) | Rothschild Global Advisory (Financial) Ropes & Gray (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 15.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 92 of 157 |
| Sector: Information Technology M&A | 11 of 15 |
| Type: Secondary Buyout M&A Deals | 14 of 40 |
| State: California M&A | 6 of 10 |
| Country: United States M&A | 88 of 148 |
| Year: 2016 M&A | 4 of 9 |
| Size (of disclosed) | 11 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-04 |
TerSera Therapeutics
Lake Forest, Illinois, United States TerSera Therapeutics is a specialty pharmaceutical company focused on therapeutics to improve patient outcomes. The company was formed to acquire specialty pharmaceutical companies and products with a focus on select physician specialties. TerSera Therapeutics was founded in 2016 and is based in Lake Forest, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-16 |
Optimal Blue
Plano, Texas, United States Optimal Blue operates mortgage secondary marketing technology & facilitates transactions among mortgage market participants through its Marketplace Platform, actionable data, and technology vendor connections. Optimal Blue was formed in 2002 and is based in Plano, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 90.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Clearlake Capital Group is a private equity firm that focuses on corporate divestitures, recapitalizations, buyouts, restructurings, rescue financing, growth capital, turnarounds, and other equity investments. Clearlake seeks to partner with strong management teams by providing long-term capital and operational expertise. Areas of interest include technology, industrials, and consumer. Clearlake Capital Group was formed in 2006 and is based in Santa Monica, California.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 93 |
| Sector: Information Technology M&A | 3 of 10 |
| Type: Secondary Buyout M&A Deals | 6 of 40 |
| State: California M&A | 7 of 16 |
| Country: United States M&A | 29 of 88 |
| Year: 2016 M&A | 2 of 7 |
| Size (of disclosed) | 12 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-14 |
Diligent
New York City, New York, United States Diligent is a provider of cloud-based corporate governance and collaboration solutions for boards and senior executives. Diligent’s multi-tenant SaaS platform provides directors with a single application to securely and reliably access, edit and share materials while satisfying security and compliance requirements. Diligent was founded in 2007 and is based in New York City, New York. |
Buy | $624M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-17 |
Globe Energy Services
Snyder, Texas, United States Globe Energy Services LLC provides a full range of services primarily focused on production activities and the maintenance of existing wells, with capabilities that include fluid services, completion services, artificial lift, well services, fishing and rental, production chemicals, water infrastructure solutions and other environmental services. |
Buy | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 1991 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Integral Capital Partners operates as a group of partnerships that invests in expansion-stage private and growth-stage public companies in the information and life sciences industries. Within information sciences, Integral focuses on communications-centric computing, real-time computing, and mobility. Within life sciences, Integral targets companies that deal in emerging medical technologies and healthcare information systems. The Firm operates in partnership with the venture capital firm Kleiner Perkins Caufield and Byers, which incubated the Firm in 1991, as well as private equity firm Silver Lake Partners. Integral Capital Partners is based in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 67 of 67 |
| Sector: Information Technology M&A | 14 of 14 |
| Type: Secondary Buyout M&A Deals | 4 of 4 |
| State: California M&A | 48 of 48 |
| Country: United States M&A | 66 of 66 |
| Year: 2016 M&A | 2 of 2 |
| Size (of disclosed) | 7 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-03 |
Jasper Technologies
Santa Clara, California, United States Jasper is an IoT service platform and many of the world’s largest enterprises and service providers are using the Jasper platform to scale their IoT services business globally. With Jasper, companies can connect any device – from cars to jet engines to implanted pacemakers – over the cellular networks of the top global service providers, and then manage connectivity of IoT services through Jasper’s Software as a Service (SaaS) platform. |
Sell | $1.4B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 7.5B USD |
| Size | Mega |
| Type | Sector Focused |
JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $25 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 76 of 107 |
| Sector: Information Technology M&A | 11 of 14 |
| Type: Secondary Buyout M&A Deals | 10 of 18 |
| State: California M&A | 12 of 18 |
| Country: United States M&A | 70 of 95 |
| Year: 2016 M&A | 1 of 3 |
| Size (of disclosed) | 12 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-25 |
CoreHR
Cork, Ireland CoreHR manages all strategic and transactional HR and Payroll processes with highly intuitive and easy to use solutions that streamline processes, improve operational efficiencies and reduce costs. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-15 |
Navicure
Duluth, Georgia, United States Navicure, Inc. is a provider of internet-based medical claims software solutions that help physician practices increase profitability through improved claims reimbursement and staff productivity. Navicure’s technology solutions automate account receivables processes, including claims management; patient eligibility verification; remittance and denial management including automated secondary claims filing, appeals, and posting; reporting and analysis; and patient payment collections at and near the time of service. Navicure’s solutions are supported by its unique 3-Ring Client Service which guarantees that a client service representative will answer every client call in three rings or less. Navicure is the exclusive billing and patient payment solution of the MGMA Executive Partner network. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1979 |
| PE ASSETS | 31.0B USD |
| Size | Mega |
| Type | Sector Focused |
Welsh Carson Anderson & Stowe (WCAS) is a mega-sized, specialist private equity firm focused on investments in growth-oriented companies operating within the healthcare and technology/tech-enabled services industries. WCAS will consider small and large transactions; including venture investments, growth equity investments, buy-and-build transactions, public-to-private acquisitions, and corporate carve-outs. The Firm prefers control situations and generally seeks opportunities in the US. Welsh Carson Anderson & Stowe was formed in 1979 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 76 |
| Sector: Information Technology M&A | 9 of 12 |
| Type: Secondary Buyout M&A Deals | 8 of 16 |
| State: California M&A | 3 of 6 |
| Country: United States M&A | 53 of 73 |
| Year: 2016 M&A | 2 of 5 |
| Size (of disclosed) | 23 of 33 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-04 |
CareSpot Express Healthcare
Brentwood, Tennessee, United States CareSpot Express Healthcare LLC is a provider of walk-in urgent care, worker injury, occupational health and wellness services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-08 |
Quickbase
Boston, Massachusetts, United States Quickbase provides a cloud-based platform that empowers problem solvers to quickly turn ideas for better ways to work into apps that make their organizations more efficient. Quickbase was founded in 1999 and is based in Boston, Massachusetts. |
Buy | - |
