M&A Deal Summary

K1 Investment Management Acquires MariaDB

On September 10, 2024, growth capital firm K1 Investment Management acquired internet software and services company MariaDB

Acquisition Highlights
  • This is K1 Investment Management’s 17th transaction in the Internet Software and Services sector.
  • This is K1 Investment Management’s 35th transaction in the United States.
  • This is K1 Investment Management’s 9th transaction in California.

M&A Deal Summary

Date 2024-09-10
Target MariaDB
Sector Internet Software and Services
Buyer(s) K1 Investment Management
Deal Type Going Private
Advisor(s) Matheson
Baker Botts (Legal)

Target

MariaDB

Redwood City, California, United States
MariaDB is a provider of database solutions. The Company's products include the MySQL and MariaDB databases in the enterprise and cloud. MariaDB is based in Redwood City, California.

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Buyer(S) 1

DESCRIPTION

K1 Investment Management, LLC is a West Coast US-based private equity firm investing in high-growth private companies across North America. The Firm has a special interest in enterprise software companies and looks to provide meaningful strategic and operational guidance when working with portfolio companies. K1 Investment Management was established in 2011 and is headquartered in El Segundo, California.


DEAL STATS #
Overall 50 of 50
Sector (Internet Software and Services) 17 of 17
Type (Going Private) 2 of 2
State (California) 9 of 9
Country (United States) 35 of 35
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-10 Axcient

Denver, Colorado, United States

Axcient is a provider of Disaster Recover-as-a-Service (DRaaS) solutions that solves complicated technology problems with powerfully simple cloud solutions to enable businesses to run at their full potential. Axcient’s cloud-based disaster recovery and data protection platform empowers businesses of all sizes to operate with the resilience and agility of the enterprises while dramatically reducing data center footprint, complexity and cost. Axcient was founded in 2002 and is based in Denver, Colorado.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-28 Irwin

Toronto, Ontario, Canada

Irwin provides investor relations software to public companies, investor relation consultancies, and investment banks. The company's software helps customers identify new investors, manage current relationships, and track the output of their IR initiatives. Its end-to-end platform includes a CRM and native communications tool. Irwin was founded in 2017 and is based in Toronto, Ontario.

Sell -