M&A Deal Summary |
|
|---|---|
| Date | 2018-01-29 |
| Target | SingleHop |
| Sector | Information Technology |
| Buyer(s) | Internap Network Services |
| Sellers(s) | Battery Ventures |
| Deal Type | Add-on Acquisition |
| Deal Value | 132M USD |
| Advisor(s) | Citizens Digital Infrastructure M&A Advisory (Financial) Goodwin Procter Hinshaw & Culbertson (Legal) |
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| Category | Company |
|---|---|
| Sector | Information Technology |
| Employees | 640 |
| Revenue | 292M USD (2019) |
Internap Network Services provides high-performance IT infrastructure services that enable our customers to focus on their core business, improve service levels and lower the cost of IT operations. Our colocation, connectivity and managed hosting solutions are differentiated by unparalleled levels of performance, availability and support. Internap Network Services is based in Reston, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Information Technology) | 4 of 4 |
| Type (Add-on Acquisition) | 4 of 4 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-30 |
iWeb
Montreal, Quebec, Canada iWeb is a provider of Internet hosting solutions and IT infrastructure, with its shared web hosting as well as its dedicated servers and co-location services. iWeb was formed in 1996 and is based in Montreal, Quebec. |
Buy | $145M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-02 |
iWeb
Montreal, Quebec, Canada iWeb is a provider of Internet hosting solutions and IT infrastructure, with its shared web hosting as well as its dedicated servers and co-location services. iWeb was formed in 1996 and is based in Montreal, Quebec. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Focused |
Battery Ventures is a private investment firm focused on opportunities in the technology and related-sectors. Battery will invest at all company stages, from seed and early-stage capital situations to leveraged buyouts, PIPEs, spin outs, rollups and take-privates of established companies. Battery's private equity group focuses on investments in companies with revenue of $5 to $200 million and EBITDA up to $25 million. Battery can commit up to $100 million in equity per transaction. Specific areas of interest include software; IT services and outsourcing; communications components, systems, and services; and financial services and tech-enabled businesses. Battery will consider investments throughout North America, Europe, and Asia. Battery Ventures was formed in 1983 and is headquartered in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 64 |
| Sector (Information Technology) | 3 of 9 |
| Type (Add-on Acquisition) | 20 of 34 |
| State (Illinois) | 4 of 4 |
| Country (United States) | 34 of 51 |
| Year (2018) | 2 of 5 |
| Size (of disclosed) | 17 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-08 |
Practice Fusion
San Francisco, California, United States Practice Fusion, Inc. is a provider of cloud based electronic health record (EHR) platform for doctors and patients in the U.S. Practice Fusion serves more than 30,000 practices across 50 states through its cloud-based EHR platform. Practice Fusion, Inc. was established in 2005 and is based in San Francisco, California. |
Sell | $100M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-08 |
Curve Dental
Alpharetta, Georgia, United States Curve Dental is a cloud-based software to deliver dental practices cutting-edge technology to manage their clinical and operational needs. With the Curve Dental software platform, dentists and their practices can use a modern, web-based system to manage patient charts and X-rays, front office scheduling and billing, and even patient engagement. Curve Dental was founded in 2005 and is based in Alpharetta, Georgia. |
Buy | - |
