M&A Deal Summary

Monroe Capital and FlatWorld Capital Acquire Venture Technologies

On August 18, 2014, lender Monroe Capital and private equity firm FlatWorld Capital acquired information technology company Venture Technologies

Acquisition Highlights
  • This is Monroe Capital’s 2nd and FlatWorld Capital’s 1st transaction in the Information Technology sector.
  • This is Monroe Capital’s 49th and FlatWorld Capital’s 1st transaction in the United States.
  • This is Monroe Capital’s 2nd and FlatWorld Capital’s 1st transaction in Mississippi.
Investment Fate
  • Venture Technologies was sold to a strategic buyer in 2018.

M&A Deal Summary

Date 2014-08-18
Target Venture Technologies
Sector Information Technology
Buyer(s) Monroe Capital
FlatWorld Capital
Deal Type Consolidation

Target

Venture Technologies

Ridgeland, Mississippi, United States
Venture Technologies, Inc. is an IT solutions provider that delivers infrastructure solutions, collaboration solutions, and cloud-based services to both private and public sector organizations. Venture Technologies also owns and operates certified Data Centers (VTCloud) across the United States from which it provides a comprehensive suite of cloud services to thousands of domestic and international customers. Venture Technologies was founded in 1986 and is based in Ridgeland, Mississippi.

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Buyer(S) 2

Buyer

Monroe Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Lender
Founded 2004
PE ASSETS 14.1B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Monroe Capital is a provider of senior and junior debt and equity co-investments to middle-market companies in the US and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is a generalist investor and will consider companies in the healthcare, technology, media, retail, consumer sectors. Monroe Capital was formed in 2004 and is based in Chicago, Illinois.


DEAL STATS #
Overall 49 of 135
Sector: Information Technology M&A 2 of 8
Type: Consolidation M&A Deals 2 of 4
State: Mississippi M&A 2 of 2
Country: United States M&A 49 of 134
Year: 2014 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-23 BCC Software

Rochester, New York, United States

BCC Software LLC is a provider of software and data solutions designed to enhance direct mail processing and facilitate efficient, cost-effective multi-channel marketing. The company provides USPS®-certified mail preparation software with integrated functionality to correct address data, perform matching and consolidation, and to sequence mailing lists for postal discounts, through on-premise, cloud-based and API solutions. BCC Software was founded in 1978 and is based in Rochester, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-17 Mitchell Gold + Bob Williams

Taylorsville, North Carolina, United States

Mitchell Gold + Bob Williams is a manufacturer of high-quality furniture in the U.S. The company's innovative and stylish products are sold in many of the country's specialty home furnishings retailers, catalog retailers, and the company's signature stores. Mitchell Gold + Bob Williams was founded in 1989 and is based in Taylorsville, North Carolina.

Buy -
DESCRIPTION

FlatWorld Capital is a global private equity firm focused on acquiring and investing in lower middle-market to mid-sized companies with $15 to $500 million in annual revenue. The Firm looks to invest $5 to $50 million per transaction in businesses demonstrating long-term revenue visibility, defensible market positions, strong management, and opportunities for add-ons. Sectors of interest include business services, IT services, healthcare, education, software, transportation, consumer products, and alternative energy. Flatworld Capital is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Consolidation M&A Deals 1 of 1
State: Mississippi M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-11 Venture Technologies

Ridgeland, Mississippi, United States

Venture Technologies, Inc. is an IT solutions provider that delivers infrastructure solutions, collaboration solutions, and cloud-based services to both private and public sector organizations. Venture Technologies also owns and operates certified Data Centers (VTCloud) across the United States from which it provides a comprehensive suite of cloud services to thousands of domestic and international customers. Venture Technologies was founded in 1986 and is based in Ridgeland, Mississippi.

Sell -