M&A Deal Summary |
|
|---|---|
| Date | 1999-07-06 |
| Target | Dorn Technology Group |
| Sector | Software |
| Buyer(s) | Mynd |
| Sellers(s) | Summit Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Business Services |
| Employees | 5,749 |
Mynd Corporation (NYSE: YND), formerly known as Policy Management Systems Corporation. Mynd's Claims Outcome Advisor System to Insurance Services Office, Inc. Claims assessment systems are used by insurance companies to evaluate appropriate payments for claims of bodily injury and to evaluate return-to-work plans in workers compensation matters.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 1999 M&A | 1 of 1 |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 58 of 294 |
| Sector: Software M&A | 11 of 54 |
| Type: Add-on Acquisition M&A Deals | 14 of 131 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 56 of 254 |
| Year: 1999 M&A | 9 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-07-01 |
WebSideStory Search and Content Solutions
San Diego, California, United States WebSideStory is a provider of Internet-based web audience analysis and Internet intelligence. The company takes the pulse of the Internet by analyzing and storing data from billions of web page views worldwide. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-08-01 |
First Marketing Co.
Pompano Beach, Florida, United States First Marketing Co, Inc. publishes custom newsletters in the United States. |
Sell | - |
