M&A Deal Summary |
|
|---|---|
| Date | 2023-05-16 |
| Target | GrowthZone |
| Sector | Software |
| Buyer(s) |
Nadavon Capital Partners
Arrowroot Capital Lead Edge Capital |
| Sellers(s) |
Greenridge Growth Partner
RF Investment Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair (Financial) |
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Nadavon Capital Partners is a family office focused on high-growth company investments. The Firm will consider a variety of transaction situations, including growth capital financings, outright acquisitions, and debt financing. Nadavon Capital Partners was established in 2014 and is headquartered in Newport Beach, California.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Software M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Minnesota M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-19 |
Accume Partners
Mount Laurel, New Jersey, United States Accume Partners is a provider of internal auditing, IT auditing, Sarbanes-Oxley compliance and related risk management services. Accume Partners was founded in 1994 and is based in New Jersey City. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| Size | Small |
| Type | Sector Focused |
Arrowroot Capital is a private investment group focused on making growth capital investments in software-as-a-service and internet-based companies. The Firm looks to invest $5 to $25 million per transaction to support growth initiatives, liquidity for founders/investors, or acquisitions. Prospective companies are generally are b2b, offering mission-critical services. Arrowroot was formed in 2014 and is based in Marina Del Rey, California.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 28 |
| Sector: Software M&A | 11 of 11 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Minnesota M&A | 3 of 3 |
| Country: United States M&A | 24 of 24 |
| Year: 2023 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-27 |
iLearningEngines
Bethesda, Maryland, United States iLearningEngines is a cloud-based, AI-driven mission-critical training for enterprises. iLearningEngines was founded in 2010 and is based in Bethesda, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-21 |
MemberSuite
Atlanta, Georgia, United States MemberSuite is the premier software and services provider of cloud-based association management software solutions for associations and nonprofits of all sizes. MemberSuite is exclusively focused on providing organizations with enterprise-level applications that deliver the features, functionality, integration, and support that empowers staff and engages membership. MemberSuite was founded in 2008 and is based in Atlanta, Georgia. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2009 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Focused |
Lead Edge Capital is a growth capital firm focused on software, internet, consumer, and tech-enabled services companies. The Firm has no geographic preferences and will consider both private and public company investments. Leading Edge's investment size is $25 to $300 million. Lead Edge Capital was established in 2009 and is headquartered in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 54 |
| Sector: Software M&A | 6 of 8 |
| Type: Secondary Buyout M&A Deals | 1 of 3 |
| State: Minnesota M&A | 1 of 1 |
| Country: United States M&A | 40 of 44 |
| Year: 2023 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-15 |
Nearmap
Barangaroo, Australia Nearmap provides easy, instant access to high resolution aerial imagery, city-scale 3D content, AI data sets, and geospatial tools. Nearmap was founded in 2007 and is based in Barangaroo, Australia. |
Buy | AU$1.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-24 |
Hakkoda
New York, New York, United States Hakkoda is a snowflake services provider helping its customers unlock the power of their data. Through the deployment of scalable teams. Hakkoda offers a range of data modernization services including cloud migration, data governance, strategy & architecture, and BI. Hakkoda was founded in 2021 and is based in New York, New York. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| Size | Small |
| Type | Sector Focused |
Greenridge Growth Partner is a private equity firm focused on growth equity and buyout investments in emerging companies. The Firm seeks businesses with proven business models, revenue traction, and profits (or visibility to profitability). Greenridge Growth Partner is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Software M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 2 of 3 |
| State: Minnesota M&A | 1 of 1 |
| Country: United States M&A | 4 of 5 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-05 |
AppleCare Doctors
Savannah, Georgia, United States AppleCare Immediate Care is a provider of urgent care and immediate care services to patients in the southeastern United States. AppleCare Immediate Care was founded in 2004 and is based in Savannah, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-06 |
Covr
Springville, Utah, United States Covr provides workforce management software to the post-acute care industry. The company's scheduling, communication, and engagement solutions help facilities streamline scheduling workflows, ensure regulatory compliance, and facilitate communication with employees. Covr was formed in 2016 and is based in Springville, Utah. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2016 |
| PE ASSETS | 683M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
RF Investment Partners is a private investment firm focused on providing flexible capital solutions to small and mid-sized companies. The Firm looks to invest $10 to $40 million of equity/debt capital capital to support businesses with at least $10 million of revenue. Funds are generally used to support buyouts, recapitalizations, acquisitions, shareholder liquidity needs, and family successions. RF Investment Partners was formed in 2016 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 7 |
| Sector: Software M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: Minnesota 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 |
|---|---|---|---|
| 2023-02-09 |
Ally Waste
Mesa, Arizona, United States Ally Waste is a provider of valet trash and recycling services to property managers of multi-family housing complexes, student housing, and senior living facilities nationwide. Ally Waste was founded in 2014 and is based in Mesa, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-01 |
High-End Home Services
United States High-End Home Services provides home installation and maintenance services to high-end luxury residential customers. |
Buy | - |
