Investment Summary |
|
|---|---|
| Date | 2018-10-25 |
| Target | Trafficware |
| Sector | Software |
| Investor(s) | Cubic |
| Sellers(s) | KRG Capital Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Harris Williams (Financial) Hogan Lovells (Legal) |
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Cubic is a provider of transportation technology solutions that support the operational needs of the most complex transit systems globally. The Company also provides highly engineered training solutions as well as specialized hardware and software offerings that improve operational readiness and support mission communication and intelligence gathering and analysis. Cubic was formed in 1949 and is based in San Diego, California.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 17 |
| Sector: Software M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 12 of 15 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 12 of 15 |
| Year: 2018 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-24 |
Advanced Traffic Solutions
Denver, Colorado, United States Advanced Traffic Solutions, Inc. is a provider of intelligent traffic solutions for the transportation industry. Advanced Traffic Solutions was founded in 2011 and is based in Denver, Colorado. |
Buy | $236M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-02 |
GRIDSMART Technologies
Knoxville, Tennessee, United States GRIDSMART Technologies, Inc. is a video tracking solution provider. GRIDSMART specializes in video detection at the intersection utilizing advanced image processing, computer vision modeling and machine learning along with a single camera solution providing best-in-class data for optimizing the flow of people and traffic through intersections. GRIDSMART Technologies, Inc. was founded in 2006 and is based in Knoxville, Tennessee. |
Buy | $87M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 4.4B USD |
| Size | Large |
| Type | Sector Agnostic |
KRG Capital Partners is a private equity investment firm focused on acquiring controlling interests in middle-market companies. Prospective transaction situations include owner recapitalizations, management buyouts of private companies, mangement buyouts of corporate divisions, outright purchases, and family successions. Target companies typically generate sales of $35 to $400 million and EBITDA of $10 to $100 million. Sectors of interest include healthcare services, medical technology and life sciences; business services and distribution; construction materials and services; transportation services; marketing; specialty finance and insurance; aerospace, defense, and government services; energy services and products; and infrastructure. KRG primarily looks for opportunities located in the US and Canada but will selectively consider investments in Western Europe. KRG was formed in 1996 and is based in Denver, Colorado with additional offices in Mill Valley, California and Las Vegas, Nevada.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 41 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 21 of 21 |
| State: Texas M&A | 5 of 5 |
| Country: United States M&A | 40 of 40 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-02 |
Convergint
Schaumburg, Illinois, United States Convergint is a designer, installer, and services integrated building systems including electronic security, fire alarm, and life safety systems. Convergint was founded in 2001 and is based in Schaumburg, Illinois. |
Sell | - |
