Investment Summary

Lakeshore Capital Partners Exits On Point Technology

On January 10, 2022, Catalis invested in software company On Point Technology from Lakeshore Capital Partners

Investment Highlights
  • This is Catalis’ 1st transaction in the Software sector.
  • This is Catalis’ 2nd transaction in the United States.
  • This is Catalis’ 1st transaction in Illinois.

Investment Summary

Date 2022-01-10
Target On Point Technology
Sector Software
Investor(s) Catalis
Sellers(s) Lakeshore Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Capstone Partners (Financial)

Target

On Point Technology

Oak Brook, Illinois, United States
On Point Technology is a developer of commercial software exclusively for state workforce agencies. On Point Technology provides sophisticated reporting and management tools to detect identity theft, organized fraud, and tax evasion. On Point Technology was founded in 1996 and is based in Oak Brook, 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

Investor(S) 1

Investor

Catalis

Alpharetta, Georgia, United States

Category Company
Founded 2017
Sector Software
DESCRIPTION

Catalis is a provider of government software and integrated payment solutions. The company offers comprehensive solutions for all sizes of government entities municipalities, counties, states, and federal agencies - with thousands of clients in all 50 states and Canada. Catalis was founded in 2017 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-20 nCourt

Woodstock, Georgia, United States

nCourt is an independent provider of payment solutions for courts and government entities. The Company serves thousands of government agencies across the United States by providing payment options for traffic citations, property taxes, utilities and court fines, among other services. nCourt was founded in 2002 and is based in Woodstock, Georgia.

Buy -

Seller(S) 1

SELLER

Lakeshore Capital Partners

Chicago, Illinois, United States

Category Private Equity Firm
Founded 2008
Size Small
Type Sector Agnostic
DESCRIPTION

Lakeshore Capital Partners is a private investment firm that acquires growth-oriented companies in the lower middle-market. The Firm targets businesses with low capital expenditures, experienced management in place, recurring revenues from a fragmented customer base, while operating in a defensible but growing market niche. Target platform companies generate at least $1 million of EBITDA and are valued up to $50 million. Sectors of interest include healthcare, medical devices, business services, and niche manufacturing. Lakeshore will not invest in early stage or distressed opportunities. Lakeshore is based in Hinsdale, Illinois.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-22 Systems Oncology

Scottsdale, Arizona, United States

Systems Oncology provides multi-scalar systems modeling with machine learning and big data to uncover breakthrough insights into cancer biology and expose new therapeutic vulnerabilities. Systems Oncology was founded in 2015 and is based in Scottsdale, Arizona.

Buy -