M&A Deal Summary

Miranda Technologies Acquires OmniBus Systems

On September 9, 2010, Miranda Technologies acquired software company OmniBus Systems from Palamon Capital Partners for 36M EUR

Acquisition Highlights
  • This is Miranda Technologies’ 1st transaction in the Software sector.
  • This is Miranda Technologies’ 0th largest (disclosed) transaction.
  • This is Miranda Technologies’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2010-09-09
Target OmniBus Systems
Sector Software
Buyer(s) Miranda Technologies
Sellers(s) Palamon Capital Partners
Deal Type Add-on Acquisition
Deal Value 36M EUR

Target

OmniBus Systems

Loughborough, United Kingdom
OmniBus Systems Ltd. is a developer of software systems for television broadcasters and video content distributors over mobile and internet platforms.

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Buyer(S) 1

Buyer

Miranda Technologies

Montreal, Quebec, Canada
Category Company
Sector Technology Hardware
Employees720
DESCRIPTION

Miranda Technologies, Inc. is a provider of hardware and software solutions for the broadcast infrastructure industry. Miranda provides solutions for TV broadcasters and content developers to create, manipulate, and distribute High Definition Video.

DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (United Kingdom) 1 of 2
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-10 NVISION

Grass Valley, California, United States

NVISION, Inc. is a provider of advanced technology and routing systems for the delivery of superior, error-free digital audio and HD/SD video used in all TV broadcast sectors and multi-format post production.

Buy $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-25 Softel

Pangbourne, United Kingdom

Softel is a provider of IT services for captioning, subtitling, audio and video description, interactivity and other key video technologies for broadcasters and content producers worldwide.

Buy -

Seller(S) 1

SELLER

Palamon Capital Partners

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 1.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Palamon Capital Partners LP is a private equity firm that targets investments in high-growth service-oriented businesses throughout Europe. Palamon specifically looks for companies operating in business services, financial services, media and communications, leisure and entertainment, information technology, and healthcare. The Firm's target investment size is €30 to €100 million. Funds are generally used to support development needs, however, Palamon will also consider investing in early-stage businesses, recapitalizations, deleveraging transactions, turnarounds, and buyouts. Palamon Capital Partners LP was formed in 1999 and is based in London.

DEAL STATS #
Overall 9 of 30
Sector (Software) 2 of 2
Type (Add-on Acquisition) 5 of 14
Country (United Kingdom) 3 of 11
Year (2010) 4 of 4
Size (of disclosed) 10 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-30 Retail Decisions Australia Pty.

Camberwell, Australia

Retail Decisions Australia Pty. Ltd. is a provider of payment processing, prepaid and information management services.

Sell $318M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-07 VENI Energy Group

Drammen, Norway

VENI Energy Group is a supplier of corporate energy services. VENI Energy Group provides a range of services aimed at reducing energy costs for the SME sector as well as large corporate and public authorities. VENI Energy Group was founded in 1995 and is based in Drammen, Norway.

Buy -
Mergr

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