Investment Summary

LLR Partners and TA Associates Invest In Edmunds GovTech

On November 1, 2018, private equity firms LLR Partners and TA Associates invested in software company Edmunds GovTech

Investment Highlights
  • This is LLR Partners’ 15th and TA Associates’ 61st transaction in the Software sector.
  • This is LLR Partners’ 86th and TA Associates’ 219th transaction in the United States.
  • This is LLR Partners’ 10th and TA Associates’ 7th transaction in New Jersey.

Investment Summary

Date 2018-11-01
Target Edmunds GovTech
Sector Software
Investor(s) LLR Partners
TA Associates
Deal Type Growth Capital

Target

Edmunds GovTech

Northfield, New Jersey, United States
Edmunds GovTech provides fully-integrated software solutions designed specifically for local governments that are easy-to-use and feature-rich at a reasonable price. Edmunds GovTech was founded in 1972 and is based in Northfield, New Jersey.

Search 214,107 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) 2

Investor

LLR Partners

Philadelphia, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $30 to $150 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 87 of 129
Sector: Software M&A 15 of 26
Type: Growth Capital M&A Deals 47 of 73
State: New Jersey M&A 10 of 13
Country: United States M&A 86 of 128
Year: 2018 M&A 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-17 Edlio

Los Angeles, California, United States

Edlio is a provider of community engagement solutions, including content management, communication, forms and payments, for K-12 public, private and charter schools. Edlio was established in 2011 and is headquartered in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-13 Numotion

Hazelwood, Missouri, United States

Numotion is a provider of complex rehabilitation products, including custom power and manual wheelchairs for disabled adults and children. Numotion was founded in 2001 and is based in Hazelwood, Missouri.

Sell -
Investor

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 284 of 374
Sector: Software M&A 61 of 89
Type: Growth Capital M&A Deals 104 of 135
State: New Jersey M&A 7 of 9
Country: United States M&A 219 of 270
Year: 2018 M&A 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-15 iCIMS

Holmdel, New Jersey, United States

iCIMS is a provider of cloud-based talent acquisition software to enable enterprises to attract, engage, hire and advance the best talent to build a diverse, winning workforce. iCIMS was formed in 1999 and is based in Holmdel, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-28 Plusgrade

Montreal, Quebec, Canada

Plusgrade provides revenue solutions to airline, hospitality, cruise, passenger rail, and financial services companies. Plusgrade was founded in 2009 and is based in Montreal, Quebec.

Sell -