M&A Deal Summary

Investcorp Acquires Ageras

On March 15, 2017, asset manager Investcorp acquired internet software and services company Ageras

Acquisition Highlights
  • This is Investcorp’s 6th transaction in the Internet Software and Services sector.
  • This is Investcorp’s 65th transaction in the United States.
  • This is Investcorp’s 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2017-03-15
Target Ageras
Sector Internet Software and Services
Buyer(s) Investcorp
Deal Type Buyout (LBO, MBO, MBI)

Target

Ageras

Philadelphia, Pennsylvania, United States
Ageras is a fast growing online marketplace matching Small and Medium-sized Enterprises (“SMEs”) and micro-businesses with professional services providers such as accountants and lawyers. Ageras was founded in 2012 and is based in Philadelphia, Pennsylvania.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.


DEAL STATS #
Overall 128 of 189
Sector: Internet Software and Services M&A 6 of 10
Type: Buyout (LBO, MBO, MBI) M&A Deals 38 of 62
State: Pennsylvania M&A 2 of 3
Country: United States M&A 65 of 82
Year: 2017 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 InCred

Mumbai, India

InCred is focused on providing lending services in three sectors, namely small & medium enterprises (SME), education and consumer loans. InCred leverages top-of-the-class technology and credit analytics to generate superior risk adjusted returns. InCred was founded in 2016 and is based in Mumbai, Maharashtra.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-26 Abax

Peterborough, United Kingdom

Abax is a designer and manufacturer of electronic trip logs that continuously and automatically write the triplog for the vehicle users. Abax was founded in 2003 and is based in Peterborough, United Kigdom.

Buy -