M&A Deal Summary |
|
|---|---|
| Date | 2021-03-10 |
| Target | FineLine Technologies |
| Sector | Information Technology |
| Buyer(s) |
Leonard Green & Partners
L Squared Capital Partners |
| Sellers(s) | Summit Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 75.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Leonard Green & Partners is a mega-sized private equity firm that invests in established companies that are leaders in their respective markets. Leonard Green will consider investments in consumer and business services, consumer products, distribution, media, and retail. Typical transaction values for acquisitions are between $500 million and $2 billion, however, the firm is capable of closing transactions valued up to $5 billion. Types of transactions include public-to-private, recapitalizations of privately held businesses, growth capital, equity capital to facilitate acquisitions, turnarounds/restructurings, and acquisitions of divisions/assets from large corporations. Leonard Green & Partners was formed in 1989 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 88 of 108 |
| Sector: Information Technology M&A | 5 of 5 |
| Type: Secondary Buyout M&A Deals | 38 of 48 |
| State: Georgia M&A | 6 of 6 |
| Country: United States M&A | 83 of 100 |
| Year: 2021 M&A | 1 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-15 |
Mindpath Health
Sacramento, California, United States Mindpath Health is a behavioral health practice management company supporting over 40 affiliated psychiatrists practicing in San Joaquin and Bay Areas. Mindpath Health was founded in 1995 and is based in Sacramento, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-12 |
JOANN
Hudson, Ohio, United States JOANN is a specialty retailer of fabrics. JOANN's retail stores and website feature a variety of competitively priced merchandise used in sewing, crafting, and home decorating projects. JOANN was founded in 1943 and is based in Hudson, Ohio. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| PE ASSETS | 550M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
L Squared Capital Partners is a private investment group focused on long-term investments in lower middle-market growth companies with $15 to $100 million in revenue. The Firm looks to commit $30 to $100 million per transaction and will consider opportunities throughout North America. Sectors of interest include tech-enabled services, industrial technology, and education. L Squared Capital was established in 2014 and is headquartered in Newport Beach, California.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 17 |
| Sector: Information Technology M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 2 of 6 |
| State: Georgia M&A | 1 of 1 |
| Country: United States M&A | 9 of 17 |
| Year: 2021 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-10 |
K12 Coalition
Eagan, Minnesota, United States K12 Coalition provides online professional development, continuing education, and master’s degree programs for K-12 teachers. K12 Coalition was established with the mission to help teachers advance their classroom skills and careers, while also improving student learning. K12 Coalition was founded in 2002 and is based in Eagan, Minnesota. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-09 |
Kanopy
San Francisco, California, United States Kanopy is a streaming video platform that offers millions of professors, students, and public library patrons free and convenient access to a unique collection of 30,000 highly curated films and documentaries. Kanopy was founded in 2008 and is based in San Francisco, California. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 45.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 252 of 298 |
| Sector: Information Technology M&A | 21 of 24 |
| Type: Secondary Buyout M&A Deals | 47 of 64 |
| State: Georgia M&A | 7 of 8 |
| Country: United States M&A | 222 of 258 |
| Year: 2021 M&A | 3 of 24 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-10 |
Cinerius
Zug, Switzerland Cinerius is a platform for independent wealth managers (“IWMs”) from German-speaking European regions. The platform currently includes seven partner businesses, each of which offers a range of wealth management solutions, including opportunities to invest in proprietary funds and access advisory services. Its partner businesses include B&K Vermogen, BV & P Vermogen, Entrepreneur Partners, Habbel, Pohlig & Partner Vermogensverwaltung, KSW Vermogensverwaltung; Ringelstein & Partner Vermogensbetreuung; and VM Vermogens-Management. Cinerius was founded in 2021 and is based in Zug, Switzerland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-22 |
Adenza
New York, New York, United States Adenza provides customers with end-to-end, trading, treasury, risk management, and regulatory compliance platforms which can be delivered on-premise or on-cloud. It enables financial institutions to consolidate and streamline their operations with front-to back solutions integrated with data management and reporting, benefitting from a single source of truth across the business. Adenza is based in New York, New York. |
Sell | - |
