M&A Deal Summary

IPVALUE Acquires Longitude Licensing

On July 18, 2016, IPVALUE acquired business services company Longitude Licensing from Sterling Partners Private Equity

Acquisition Highlights
  • This is IPVALUE’s 1st transaction in the Business Services sector.
  • This is IPVALUE’s 1st transaction in Ireland.

M&A Deal Summary

Date 2016-07-18
Target Longitude Licensing
Sector Business Services
Buyer(s) IPVALUE
Sellers(s) Sterling Partners Private Equity
Deal Type Add-on Acquisition

Target

Longitude Licensing

Dublin, Ireland
Longitude Licensing is an intellectual property management company. Longitude holds a significant portfolio of patents addressing semiconductor memory and processing technologies.

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Buyer(S) 1

Buyer

IPVALUE

Santa Clara, California, United States

Category Company
Founded 2001
Sector Business Services
DESCRIPTION

IPVALUE was founded to meet a need voiced by C-level officers of global technology companies to maximize returns from their IP portfolios within the overall context of their on-going business strategies and operations. In 2002, IPVALUE partnered with British Telecom and began intellectual property commercialization operations. Since that time, IPVALUE has steadily generated over $1.3BN in licensing or royalty revenue for its clients across the global technology landscape. IPVALUE was formed in 2001 and is based in Santa Clara, California.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER
DESCRIPTION

Sterling Partners Private Equity is the private equity arm of asset management firm Sterling Partners. Sterling Partners Private Equityis focused on investing in small to medium-sized companies positioned for growth, either organically or through acquisitions. Sterling has a strong interest in businesses with differentiated products, defensible competitive positions, recurring revenues, and diversified customers. The Firm's target equity commitment size is $35 to $150 million. Broad sectors of interest include direct marketing, education, specialty distribution, specialty manufacturing, healthcare, technology, and business services. Sterling Partners was formed in 1983 and is based in Chicago, Illinois.


DEAL STATS #
Overall 31 of 51
Sector: Business Services M&A 5 of 8
Type: Add-on Acquisition M&A Deals 21 of 34
Country: Ireland M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Innotrac

Johns Creek, Georgia, United States

Innotrac Corporation is a commerce provider integrating digital technology, fulfillment, contact center and business intelligence solutions to support global brands. Innotrac's fulfillment, order management and contact center solutions are integrated with all major web platforms, and seamlessly integrate with any required partner technologies. Innotrac employs sophisticated order processing and warehouse management technology and operates eight fulfillment centers and one call center spanning all time zones across the continental United States.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-05 DBi Services

Hazleton, Pennsylvania, United States

DBi Services provides infrastructure maintenance, operations and management solutions in North America and Europe for government agencies, utilities, private industries, railways, retailers and other infrastructure owners. DBi Services was founded in 1978 and is based in Hazleton, Pennsylvania.

Buy -