M&A Deal Summary |
|
|---|---|
| Date | 2023-01-23 |
| Target | Grayshift |
| Sector | Software |
| Buyer(s) | Magnet Forensics |
| Sellers(s) |
PeakEquity Partners
Thoma Bravo |
| Deal Type | Merger |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Software |
| Employees | 394 |
| Revenue | 70M USD (2021) |
Magnet Forensics is a developer of digital investigation software that acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices, and cloud services. Its software is used by more than 4,000 public and private sector customers in over 90 countries and helps investigators fight crime, protect assets and guard national security. Magnet Forensics was founded in 2010 and is headquartered in Waterloo, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Software M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Georgia M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-05 |
Comae
San Francisco, California, United States Comae is a cybersecurity company that specializes in cloud-based memory analysis used to recover evidence from the volatile memory of devices. Comae was founded in 2017 and is based in San Francisco, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| PE ASSETS | 353M USD |
| Size | Middle-Market |
| Type | Sector Focused |
PeakEquity Partners is a private equity firm focused on acquiring enterprise software and solutions companies. Specific areas of interest include enterprise infrastructure software, enterprise application software, business analytics, business intelligence, big data, IoT, supply chain management, and information security. PeakEquity looks to invest at least $20 million per transaction and targets businesses with $10 to $50 million of revenue. PeakEquity Partners was formed in 2014 and is based in Radnor, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector: Software M&A | 1 of 2 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Georgia M&A | 1 of 1 |
| Country: United States M&A | 6 of 7 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-28 |
Xeeva
Southfield, Michigan, United States Xeeva is a provider of intelligent cloud-based procurement software and financial solutions for indirect spend and MRO. Used in over 45 countries and available in 18 languages, their software suite automates the source-to-pay process with open communication for e-invoicing, procurement, and sourcing. Xeeva was founded in 2014 and is based in Southfield, Michigan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-21 |
Art Storefronts
Austin, Texas, United States Art Storefronts is a platform that provides artists with the tools, framework, and support to grow online businesses of painters, photographers, and other creatives. Art Storefronts was founded in 2014 and is based in Austin, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 70 of 85 |
| Sector: Software M&A | 31 of 36 |
| Type: Merger M&A Deals | 9 of 12 |
| State: Georgia M&A | 3 of 3 |
| Country: United States M&A | 65 of 79 |
| Year: 2023 M&A | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-20 |
Magnet Forensics
Waterloo, Ontario, Canada Magnet Forensics is a developer of digital investigation software that acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices, and cloud services. Its software is used by more than 4,000 public and private sector customers in over 90 countries and helps investigators fight crime, protect assets and guard national security. Magnet Forensics was founded in 2010 and is headquartered in Waterloo, Ontario. |
Buy | CA$1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-03 |
UserZoom
Los Gatos, California, United States UserZoom is a Digital User Experience Insights System through its platform, participant recruitment engine and professional services provide the in-depth quantitative and qualitative insights essential to testing, measuring, and improving digital product experiences at speed and scale throughout the product development lifecycle. It helps businesses connect insights to their most important performance metrics, so they can make confident, customer-focused decisions that drive growth and deliver competitive advantage. With operations in North America and Europe, the company helps global brands such as Google, Oracle, Aetna, Santander, News UK, and half of the Fortune 100 raise the bar for an outstanding digital experience. UserZoom was founded in 2007 and is based in Los Gatos, California. |
Sell | - |
