M&A Deal Summary |
|
|---|---|
| Date | 1997-01-01 |
| Target | Financial Alliance Processing Services |
| Sector | Financial Services |
| Buyer(s) | National Processing |
| Sellers(s) |
JMI Equity
Inverness Management |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
National Processing Company (NPC) is a provider of payment processing services. NPC is the provider of debit card and credit card acceptance in the U.S. dedicated exclusively to the small-to-medium merchant market. NPC provides a wide range of payment processing solutions, from point-of-sale credit card processing to e-commerce solutions.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Financial Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Kentucky) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (1997) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 7.5B USD |
| Size | Mega |
| Type | Sector Focused |
JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $10 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 106 |
| Sector (Financial Services) | 1 of 3 |
| Type (Add-on Acquisition) | 1 of 67 |
| State (Kentucky) | 1 of 2 |
| Country (United States) | 4 of 94 |
| Year (1997) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1996-03-01 |
Prism Solutions
Sunnyvale, California, United States Prism Solutions develops and supports data warehousing solutions. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-09-29 |
Mission Critical Software
Houston, Texas, United States Mission Critical Software, Inc. develops Windows NT-based products that improve security administration and reduce total cost of ownership for companies deploying NT systems. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Inverness Management is a private equity firm focused on providing funds for leveraged acquisitions, recapitalizations, and companies seeking additional capital. Inverness does not have an industry preference although prefers businesses with strong fundamentals but operating in out-of-favor sectors. The Firm's target transaction size is $50 to $200 million. Inverness Management is based in New Canaan, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 7 |
| Sector (Financial Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (Kentucky) | 1 of 2 |
| Country (United States) | 2 of 7 |
| Year (1997) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1996-01-01 |
NOV
Houston, Texas, United States NOV is a provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. NOV was formed in 1862 and is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-01-01 |
Southwestern Life Holdings
Dallas, Texas, United States Southwestern Life Holdings, Inc., an insurance holding company, through its subsidiaries, was engaged in marketing and underwriting various life, annuity, and accident and health insurance products to lower and middle-income markets throughout the United States. |
Buy | - |
