M&A Deal Summary

Kantata Acquires Mavenlink

On November 17, 2021, Kantata acquired internet software and services company Mavenlink from Carrick Capital Partners

Acquisition Highlights
  • This is Kantata’s 1st transaction in the Internet Software and Services sector.
  • This is Kantata’s 1st transaction in the United States.
  • This is Kantata’s 1st transaction in California.

M&A Deal Summary

Date 2021-11-17
Target Mavenlink
Sector Internet Software and Services
Buyer(s) Kantata
Sellers(s) Carrick Capital Partners
Deal Type Merger

Target

Mavenlink

Irvine, California, United States
Mavenlink is a provider of an enterprise-class Software as a Service (SaaS) that transforms how businesses work with distributed teams, contractors and clients around the globe. Mavenlink was founded in 2008 and is based in Irvine, California.

Search 214,239 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

Kantata

San Francisco, California, United States

Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

Kantata is a SaaS-based software built on salesforce platform, enables professional services firms to manage their businesses, delivering efficiency, scalability, and forward visibility. Kimble provides users with real-time information to help identify underlying business issues, Kimble is the first PSA software to integrate augmented intelligence into its analytics, allowing customers to identify patterns in performance data and recommending likely remedies. Kantata was founded in 2010 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Carrick Capital Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2012
Size Small
Type Sector Focused
DESCRIPTION

Carrick Capital Partners is a private equity firm focused on 'tech-enabled' businesses (business process outsourcing, transaction processing, and software) where the firm can leverage its expertise in building value. Carrick typically makes direct investments in privately-held companies with proven potential for fast growth and/or profitability. Prospective companies generally have revenues of $20 to $100 million with gross margins in excess of 40%. Carrick Capital is based in San Francisco.


DEAL STATS #
Overall 8 of 12
Sector: Internet Software and Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: California M&A 4 of 5
Country: United States M&A 8 of 12
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 Saama

Campbell, California, United States

Saama is a provider of a data science solutions and services company delivering big data solutions to global 2000 clients. Saama was founded in 1997 and is based in Campbell, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Brightspot

Reston, Virginia, United States

Brightspot is a technology company that helps businesses build and deliver digital experiences designed specifically for their customers. Brightspot was founded in 2008 and is based in Reston, Virginia.

Sell -