Investment Summary

Level Equity Invests In Cheqroom

On March 15, 2022, private equity firm Level Equity invested in internet software and services company Cheqroom

Investment Highlights
  • This is Level Equity’s 28th transaction in the Internet Software and Services sector.
  • This is Level Equity’s 44th transaction in the United States.
  • This is Level Equity’s 2nd transaction in Florida.

Investment Summary

Date 2022-03-15
Target Cheqroom
Sector Internet Software and Services
Investor(s) Level Equity
Deal Type Venture

Target

Cheqroom

Tampa, Florida, United States
Cheqroom provides a cloud-based equipment management and asset tracking software with an emphasis on solving the needs of media production and audiovisual teams. The platform enables businesses to register, organize, analyze, and track equipment across storage rooms and other facilities, and has features for scheduling, equipment maintenance, user communications, reporting, and a database of product information. Cheqroom is based in Tampa, Florida.

Search 214,238 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

Level Equity

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Level Equity Management LLC is a private investment firm focused on providing equity and structured capital to growth businesses. Sectors of interest include e-commerce, healthcare services, IT, internet software, and media. Level Equity Management was formed in 2009 and is based in New York City.


DEAL STATS #
Overall 52 of 64
Sector: Internet Software and Services M&A 28 of 33
Type: Venture M&A Deals 19 of 24
State: Florida M&A 2 of 4
Country: United States M&A 44 of 54
Year: 2022 M&A 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-02 PURE PM

Los Gatos, California, United States

Pure PM is a technology-enabled platform that acquires and optimizes single-family residential property management companies in the US. By leveraging the executive team’s deep institutional knowledge of the market, the Company has developed a playbook to rapidly acquire property management companies at low single-digit revenue multiples, rationalize operating expenses, grow revenue per door and organically expand doors under management. Pure PM is based in Los Gatos, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 WorkHound

Chattanooga, Tennessee, United States

WorkHound is an employee engagement and retention software for frontline workers. WorkHound was founded in 2015 and is based in Chattanooga, Tennessee.

Buy -