M&A Deal Summary

Knova Software Acquires Kanisa

On March 1, 2005, Knova Software acquired software company Kanisa from Needham Capital Partners

Acquisition Highlights
  • This is Knova Software’s 1st transaction in the Software sector.
  • This is Knova Software’s 1st transaction in the United States.
  • This is Knova Software’s 1st transaction in California.

M&A Deal Summary

Date 2005-03-01
Target Kanisa
Sector Software
Buyer(s) Knova Software
Sellers(s) Needham Capital Partners
Deal Type Add-on Acquisition

Target

Kanisa

Cupertino, California, United States
Kanisa, Inc. is a provider of customer service applications.

Search 214,503 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

Knova Software

Cupertino, California, United States

Category Company
Founded 1991
Sector Internet Software and Services
Employees95
DESCRIPTION

Knova Software, Inc. engages in the design, development, marketing, and support of customer relationship management software applications and services.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2005 M&A 1 of 1

Seller(S) 1

SELLER

Needham Capital Partners

New York, New York, United States

Category Private Equity Firm
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Needham Capital Partners is the private equity affiliate of mid-market investment bank Needham & Company. Needham Capital targets investments in clean technology, communications, consumer, financial services, healthcare, semiconductor, enterprise software/storage, networking, and industrial service companies. The Firm prefers to act as the lead investor and has a target investment size of $2 to $10 million. Investment proceeds are typically used to finance growth, or fund management buyouts/recapitalizations. Prospective companies are generally located in the US. Needham Capital Partners is based in New York City, with additional offices in Boston, Menlo Park, and San Francisco.


DEAL STATS #
Overall 33 of 55
Sector: Software M&A 11 of 17
Type: Add-on Acquisition M&A Deals 15 of 31
State: California M&A 18 of 29
Country: United States M&A 32 of 54
Year: 2005 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-25 Blue Pumpkin Software

Sunnyvale, California, United States

Blue Pumpkin Software, Inc. is a provider of work-force optimization software for the strategic planning and management of contact center personnel.

Sell $75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-20 Displaytech

Longmont, Colorado, United States

Displaytech, Inc. develops, and markets High resolution miniature displays for projection and magnified-view applications.

Buy -