Investment Summary |
|
|---|---|
| Date | 2014-04-03 |
| Target | Businessolver |
| Sector | Internet Software and Services |
| Investor(s) |
JMI Equity
Warburg Pincus Stone Point Capital |
| Deal Type | Growth Capital |
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| 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 | 73 of 130 |
| Sector: Internet Software and Services M&A | 16 of 46 |
| Type: Growth Capital M&A Deals | 14 of 52 |
| State: Iowa M&A | 1 of 1 |
| Country: United States M&A | 66 of 114 |
| Year: 2014 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-24 |
Applied Systems
Chicago, Illinois, United States Applied Systems is a provider of cloud-based software to the P&C and benefits insurance industries. The company provides agency and brokerage management systems to customers throughout North America and Europe. Applied Systems was founded in 1983 and is based in Chicago, Illinois. |
Buy | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-07 |
Vocus
Beltsville, Maryland, United States Vocus, Inc. is a provider of cloud marketing software that enables businesses to attract, engage and retain customers. |
Sell | $447M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1966 |
| PE ASSETS | 83.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 250 of 492 |
| Sector: Internet Software and Services M&A | 15 of 37 |
| Type: Growth Capital M&A Deals | 71 of 159 |
| State: Iowa M&A | 1 of 1 |
| Country: United States M&A | 132 of 241 |
| Year: 2014 M&A | 10 of 25 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-12 |
Avalara
Seattle, Washington, United States Avalara provides a suite of cloud-based solutions designed to improve accuracy and efficiency by automating the processes of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. Avalara was formed in 2004 and is based in Seattle, Washington. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-15 |
Liepin
Beijing, China Liepin is an online and offline platform, which provides job seekers with a variety of tools and solutions to match their talent with attractive career opportunities and connect them with high-quality recruiters and employers. Liepin was founded in 2018 and is based in Beijing, China. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Focused |
Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $75 and $750 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 60 of 120 |
| Sector: Internet Software and Services M&A | 4 of 11 |
| Type: Growth Capital M&A Deals | 6 of 18 |
| State: Iowa M&A | 1 of 1 |
| Country: United States M&A | 49 of 108 |
| Year: 2014 M&A | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-21 |
Wilton Re Holdings
Norwalk, Connecticut, United States Wilton Re Holdings Limited provides traditional life reinsurance and insurance Run Off Solutions through its wholly owned operating subsidiaries, Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, and Wilton Reassurance Life Company of New York. |
Sell | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-02 |
Genex
Wayne, Pennsylvania, United States Genex is the trusted provider of managed care services enabling clients to transform their bottom lines while enhancing the lives of injured and disabled workers. The company serves the top underwriters of workers’ compensation, automobile, disability insurance, third-party administrators, and a significant number of Fortune 500 employers. In addition, Genex is the only company that delivers high-quality clinical services enhanced by intelligent systems and 360-degree data analysis. The company consistently drives superior results related to medical, wage loss, and productivity costs associated with claims in the workers’ compensation, disability, automobile, and health care systems. Genex was formed in 1978 and is based in Wayne, Pennsylvania. |
Sell | - |
