M&A Deal Summary |
|
|---|---|
| Date | 2016-11-10 |
| Target | X5 Solutions |
| Sector | Communications |
| Buyer(s) | Magna5 |
| Sellers(s) | NewSpring Capital |
| Deal Type | Add-on Acquisition |
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Magna5 is a managed IT service provider focusing in network and server monitoring, backup and disaster recovery, cybersecurity, help desk and SD-WAN. Magna5 also provides network services, unified communications, and infrastructure technology to more than 7,500 mid-market enterprise customers, including regional leaders within the education, healthcare, government, financial services and beyond. Serving small- to mid-market sized companies, Magna5 offers traditional voice and data services as well as a host of “above the net” cloud services. Magna5 is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 10 |
| Sector (Communications) | 2 of 2 |
| Type (Add-on Acquisition) | 1 of 7 |
| State (Washington) | 1 of 1 |
| Country (United States) | 3 of 10 |
| Year (2016) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-10 |
NovaTel
San Antonio, Texas, United States NovaTel Ltd. is a provider of voice equipment to communication industry. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-16 |
NetServe365
Pittsburgh, United States NetServe365 is an award-winning managed services provider, specializes in network and server monitoring management, cloud hosting and IT consulting. The company’s fully managed IT security offerings combine certified expertise and advanced technology to supply powerful monitoring, management and incident response. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 86 |
| Sector (Communications) | 2 of 4 |
| Type (Add-on Acquisition) | 22 of 48 |
| State (Washington) | 2 of 2 |
| Country (United States) | 38 of 85 |
| Year (2016) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-10 |
Magna5
Pittsburgh, Pennsylvania, United States Magna5 is a managed IT service provider focusing in network and server monitoring, backup and disaster recovery, cybersecurity, help desk and SD-WAN. Magna5 also provides network services, unified communications, and infrastructure technology to more than 7,500 mid-market enterprise customers, including regional leaders within the education, healthcare, government, financial services and beyond. Serving small- to mid-market sized companies, Magna5 offers traditional voice and data services as well as a host of “above the net” cloud services. Magna5 is based in Pittsburgh, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-28 |
V12 Group
Red Bank, New Jersey, United States V12 Group is a premium data provider through proprietary technology, businesses of all sizes gain access to over 5 billion premium consumer, business and automotive records. V12 Group is based in Red Bank, New Jersey. |
Sell | - |
