M&A Deal Summary |
|
|---|---|
| Date | 2024-03-11 |
| Target | SOVRA |
| Sector | Internet Software and Services |
| Buyer(s) | KKR |
| Sellers(s) | Echelon Wealth Partners |
| Deal Type | Going Private |
| Deal Value | 255M CAD |
| Advisor(s) | Scotiabank - Global Banking and Markets (Financial) McCarthy Tétrault Foley & Lardner (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 267.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 471 of 499 |
| Sector: Internet Software and Services M&A | 35 of 37 |
| Type: Going Private M&A Deals | 37 of 39 |
| State: Quebec M&A | 2 of 2 |
| Country: Canada M&A | 12 of 12 |
| Year: 2024 M&A | 4 of 19 |
| Size (of disclosed) | 105 of 108 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-26 |
Broadcom - EUC Division
San Jose, California, United States Broadcom’s EUC Division provides a suite of digital workspace solutions that allow organizations to securely deliver and manage applications, desktops and data across any device or platform. The EUC Division is based in San Jose, California. |
Buy | $4.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-20 |
Avantus
Los Angeles, California, United States Avantus is a developer of solar PV and storage projects. The company supports solar and energy storage development throughout the project lifecycle from selecting a project site through operations and owns a large project pipeline of 30 GWp of solar and 94 GWh of battery storage, enough to provide 20 million people with clean, reliable power. Avantus was founded in 2009 and is based in Los Angeles, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Financial Services |
Echelon Wealth Partners is an independently owned and operated wealth management and capital markets firm. Echelon Wealth Partners was founded in 2010 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: Quebec M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-04 |
SOVRA
Longueuil, Quebec, Canada SOVRA enables the flow of commerce by providing a broad set of software-as-a-service (SaaS) solutions that optimize and accelerate commercial interactions between buyers and sellers. The company's platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. SOVRA was founded in 1996 and is based in Longueuil, Quebec. |
Buy | - |
