M&A Deal Summary |
|
|---|---|
| Date | 2021-01-06 |
| Target | Velocity Technology Solutions |
| Sector | Internet Software and Services |
| Buyer(s) | Navisite |
| Sellers(s) |
Sumeru Equity Partners
Partners Group |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Stifel (Financial) Weil Gotshal & Manges (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Information Technology |
Navisite is a modern managed cloud service provider that accelerates IT transformation for thousands of growing and established global brands. Navisite was founded in 1994 and is based in Warrendale, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector: Internet Software and Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 4 of 5 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 4 of 5 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-26 |
NaviSite
Andover, Massachusetts, United States NaviSite, Inc. is a provider of enterprise-class, cloud-enabled hosting, managed applications and services. NaviSite provides a full suite of reliable and scalable managed services, including Application Services, industry-leading Enterprise Hosting, and Managed Cloud Services for enterprises looking to outsource IT infrastructure and lower their capital and operational costs. Enterprise customers depend on NaviSite for customized solutions, delivered through a global footprint of state-of-the-art data centers. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-10 |
EightCloud
Kirkland, Washington, United States EightCloud provides extraordinary depth and breadth of Salesforce expertise with much greater efficiency than the traditional consulting model. As a Salesforce Consulting Partner, EightCloud is a trusted advisor to mid-and large-sized businesses, government agencies, and non-profits, guiding them to a better future with customized advisory, implementation, and managed services. EightCloud was formed in 2011 and is based in Kirkland, Washington. |
Buy | - |
Sumeru Equity Partners, Inc. is a technology-focused private equity firm that makes investments in mid-market software, technology enabled services, and hardware companies with a focus on growth. Sumeru Equity Partners typically invests between $50 and $250 million in companies with revenues greater than $10 million. Sumeru Equity Partners was formed in 2014 and is based in Foster City, California.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 12 |
| Sector: Internet Software and Services M&A | 5 of 5 |
| Type: Add-on Acquisition M&A Deals | 3 of 7 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 6 of 9 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-08 |
Cybera
Franklin, Tennessee, United States Cybera is a provider of security as a service virtual application networks to enterprises. Cybera solves the networking and security needs of highly distributed enterprises. Cybera was founded in 2001 and is based in Franklin, Tennessee. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-13 |
JobNimbus
Lehi, Utah, United States JobNimbus is a software company that serves contractors and business owners in the home services construction industry with its project management, CRM platform, and growth services. JobNimbus has expanded its offerings across 11 home service industries, specializing in roofing, solar installation, and exterior renovations. JobNimbus was founded in 2013 and is based in Lehi, Utah. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1996 |
| PE ASSETS | 174.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Partners Group is a global investment management firm with a variety of funds and institutional clients. The Firm's direct investment group looks to invest in or acquire market leading companies with growth opportunities linked to technology. Partners is a hands-on investor and looks to actively support its portfolio companies with expansion, operational, and governance structure support. Partners Group was established in 1996 and is headquartered in Zug, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 38 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 3 of 9 |
| State: North Carolina M&A | 3 of 3 |
| Country: United States M&A | 9 of 13 |
| Year: 2021 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-01 |
Gren
Helsinki, Finland Gren delivers eco-friendly energy solutions designed to serve the everyday energy requirements of both customers and communities. Gren is based in Helsinki, Finland |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-07 |
Careismatic Brands
Chatsworth, California, United States Careismatic Brands is a designer, marketer, and distributor of high-quality uniforms, footwear and accessories to retailers. The company manufactures products through multiple brands. Careismatic Brands was founded in 1995 and is based in Chatsworth, California. |
Buy | - |
