M&A Deal Summary

KKR Acquires Ensono

On April 14, 2021, private equity firm KKR acquired information technology company Ensono from Charlesbank Capital Partners and M/C Partners

Acquisition Highlights
  • This is KKR’s 16th transaction in the Information Technology sector.
  • This is KKR’s 165th transaction in the United States.
  • This is KKR’s 5th transaction in Illinois.

M&A Deal Summary

Date 2021-04-14
Target Ensono
Sector Information Technology
Buyer(s) KKR
Sellers(s) Charlesbank Capital Partners
M/C Partners
Deal Type Secondary Buyout
Advisor(s) UBS Investment Bank
Guggenheim Securities (Financial)
Goodwin Procter (Legal)

Target

Ensono

Downers Grove, Illinois, United States
Ensono provides complex managed hosting and cloud infrastructure services to mid-sized enterprises. The company specializes in supporting mission-critical workloads and helping clients manage and migrate between all systems. Ensono’s integrated array of solutions includes the hosting of client-server, mainframe, and cloud computing workloads, as well as database, storage, and managed network services. Ensono was formed in 1969 and is based in Downers Grove, Illinois.

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

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.


DEAL STATS #
Overall 383 of 499
Sector: Information Technology M&A 16 of 27
Type: Secondary Buyout M&A Deals 77 of 113
State: Illinois M&A 5 of 7
Country: United States M&A 165 of 212
Year: 2021 M&A 15 of 52
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-12 AppLovin

Palo Alto, California, United States

AppLovin provides a comprehensive platform where app developers of all sizes can connect with their ideal consumers and get discovered. The company is focused on helping both indie and established mobile game developers grow with the expertise and insights they need to finance, market, and expand their businesses all in one place. App developers view AppLovin as a trusted partner, the rare company that understands what it takes to succeed in the mobile app ecosystem and has the ability to help them reach their goals. AppLovin was founded in 2011 and is based in Palo Alto, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-19 Adopt a Cow

Beijing, China

Adopt a Cow is a dairy company whose products reach consumers directly. Adopt a Cow was founded in 2016 and is based in Beijing. China.

Buy -

Seller(S) 2

SELLER

Charlesbank Capital Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Charlesbank Capital Partners is a private equity firm focused on investing in companies at various stages of development, including private and public companies, distressed situations, as well as later stage high growth businesses. Charlesbank typically invests $50 to $150 million per deal, in companies valued between $150 million and $3 billion. Industries of interest include consumer products, distribution, energy, financial services, food, education, health-care products and services, manufacturing, media and communications, and retail. Charlesbank Capital Partners is based in Boston, Massachusetts with an additional office in New York City.


DEAL STATS #
Overall 45 of 52
Sector: Information Technology M&A 1 of 2
Type: Secondary Buyout M&A Deals 14 of 16
State: Illinois M&A 5 of 6
Country: United States M&A 41 of 48
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 MB2 Dental Solutions

Carrollton, Texas, United States

MB2 Dental Solutions is a dental service organization that serves as a partner to affiliated dentists and practice owners. MB2 provides affiliated dental offices with a suite of services to help them run dental practices more efficiently, allowing them to focus on providing exceptional patient care at their practice. MB2 Dental Solutions is based in Carrollton, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 HDT Global

Solon, Ohio, United States

HDT Global is a provider of highly engineered solutions for branches of the US military, international governments, and commercial customers. HDT holds a portfolio of products aimed at creating and controlling environmental conditions to protect and optimize the functioning of critical equipment and personnel. Its innovative products include rapidly deployable shelters, sophisticated environmental control, and power equipment, and nuclear, biological, and chemical protection systems. HDT Global was founded in 1937 and is based in Solon, Ohio.

Sell -
SELLER

M/C Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 2.4B USD
Size Large
Type Sector Focused
DESCRIPTION

M/C Partners is a private equity and venture capital firm that targets communications, media and information technology companies throughout the US, Canada and Europe. M/C looks to invest $10 to $50 million per transaction and is usually the first institutional investor in its portfolio companies. Areas of interest include cable system operators, wireline communications services, fixed wireless broadband operators, media/content, mobile wireless data software and services and operators, wireless tower operators and on-demand software companies. Prospective transaction types include buyouts, growth capital and seed capital financing. M/C partners was formerly known as Chestnut Street Partners. M/C Partners was founded in 1986. The Firm is based in Boston with additional offices in San Francisco and London.


DEAL STATS #
Overall 28 of 31
Sector: Information Technology M&A 6 of 8
Type: Secondary Buyout M&A Deals 5 of 6
State: Illinois M&A 2 of 2
Country: United States M&A 23 of 26
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 BAI Connect

Sherman Oaks, California, United States

BAI Connect is a provider of internet, voice and video services. BAI Connect was founded in 2002 and is based in Sherman Oaks, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 DAS42

New York, New York, United States

DAS42 provides cloud-based data analytics consulting and professional services. DAS42 was founded in 2015 and is based in New York, New York.

Buy -