M&A Deal Summary

InvenioLSI Acquires LSI

On February 10, 2021, InvenioLSI acquired business services company LSI from Pegasus Capital Group

Acquisition Highlights
  • This is InvenioLSI’s 1st transaction in the Business Services sector.
  • This is InvenioLSI’s 1st transaction in the United States.
  • This is InvenioLSI’s 1st transaction in Arizona.

M&A Deal Summary

Date 2021-02-10
Target LSI
Sector Business Services
Buyer(s) InvenioLSI
Sellers(s) Pegasus Capital Group
Deal Type Merger

Target

LSI

Gilbert, Arizona, United States
LSI is a provider of SAP enterprise solutions to government, utility, healthcare and educational institutions. LSI was founded in 2005 and is based in Gilbert, Arizona.

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Buyer(S) 1

Buyer

InvenioLSI

Reading, United Kingdom

Category Company
Founded 2006
Sector Business Services
Employees750
DESCRIPTION

InvenioLSI is a provider of consulting services and technology solutions for organizations in the media, manufacturing & logistics, and public sector verticals. InvenioLSI was founded in 2006 and is based in Reading, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Pegasus Capital Group

Santa Monica, California, United States

Category Private Equity Firm
Founded 1997
Size Small
Type Sector Agnostic
DESCRIPTION

Pegasus Capital Group is a private investment firm that acquires established, profitable, growth-oriented businesses in non-technology intensive industries. Pegasus has a particular interest in niche-manufacturing, but will also consider value-added distribution and specialty service companies. The Firm prefers North American opportunities. Prospective companies typically have revenues of $5 to $75 million and EBITDA of at least $2 million. Pegasus avoids investing in start-ups, early-stage ventures, technology-driven companies, or minority investments. Pegasus Capital Group was formed in 1997 and is located in Los Angeles, California.


DEAL STATS #
Overall 10 of 10
Sector: Business Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 10 of 10
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-07 Jackrabbit

Ripon, California, United States

Jackrabbit is a manufacturer of harvesting machines that are now standard in the nut farming industry. Jackrabbit’s machines are stapled products in almond, walnut, and pecan harvesting, while Dakota’s self-propelled pruning towers and laser cutting and forming services expand its reach into crop industries, including cherries and avocados. Jackrabbit was founded in 1981 and is based in Ripon, California.

Sell -