Investment Summary |
|
|---|---|
| Date | 2017-08-31 |
| Target | Coventor |
| Sector | Software |
| Investor(s) | Lam Research |
| Sellers(s) |
Needham Capital Partners
Gemini Investors |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Semiconductors |
| Employees | 18,300 |
| Revenue | 14.9B USD (2024) |
Lam Research is a provider of wafer fabrication equipment and services to the semiconductor industry. Lam Research designs, manufactures, markets, refurbishes, and service semiconductor processing systems that are used in the fabrication of integrated circuits. The Company's products are designed to help customers build devices that are used in a variety of electronic products, including cell phones, computers, storage devices, and networking equipment. Lam Research's customer base includes semiconductor memory, foundry, and integrated device manufacturers. Lam Research was formed in 1980 and is based in Fremont, California.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 8 |
| Sector: Software M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 4 of 6 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 4 of 5 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-14 |
Novellus Systems
San Jose, California, United States Novellus Systems, Inc. is a manufacturer of chemical vapor deposition (CVD), physical vapor deposition (PVD) and copper electrofill systems. Novellus products provide solutions to both the productivity and quality problems facing the worldwide semiconductor manufacturing industry today. |
Buy | $3.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-15 |
Semsysco
Salzburg, Germany Semsysco is a global wet-processing semiconductor equipment provider that enables single and batch wafer and large flat panel processing. The company sales and service organization expands around the globe, while manufacturing and engineering expertise is kept in Austria. All components of Semsysco tools are selected according to ISO and SEMI standards. Semsysco is based in Salzburg, Germany. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Needham Capital Partners is the private equity affiliate of mid-market investment bank Needham & Company. Needham Capital targets investments in clean technology, communications, consumer, financial services, healthcare, semiconductor, enterprise software/storage, networking, and industrial service companies. The Firm prefers to act as the lead investor and has a target investment size of $2 to $10 million. Investment proceeds are typically used to finance growth, or fund management buyouts/recapitalizations. Prospective companies are generally located in the US. Needham Capital Partners is based in New York City, with additional offices in Boston, Menlo Park, and San Francisco.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 55 |
| Sector: Software M&A | 17 of 17 |
| Type: Add-on Acquisition M&A Deals | 31 of 31 |
| State: North Carolina M&A | 2 of 2 |
| Country: United States M&A | 54 of 54 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-01 |
SpaceClaim
Concord, Massachusetts, United States SpaceClaim Corporation is a provider of fast and intuitive 3-D modeling software for engineers. Targets the mechanical design market and provides breakthrough technology that enhances engineers' productivity by empowering them to contribute to, consume and share mechanical designs in a 3D digital form. |
Sell | $85M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 700M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Gemini Investors is a middle-market private equity firm that targets investments in growing and established businesses. Areas of interest include technology, business services, consumer services, healthcare, education, manufacturing and distribution. Gemini looks for companies with $5 to $50 million in annual revenue and typically makes investments of $3 to $8 million in the form of preferred stock and/or subordinated debt. Prospective transaction types include growth capital, recapitalization and buyout situations. Gemini Investors was formed in 1993 and is based in Wellesley, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 53 |
| Sector: Software M&A | 5 of 6 |
| Type: Add-on Acquisition M&A Deals | 14 of 25 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 35 of 53 |
| Year: 2017 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-05 |
Chairmans Foods
Nashville, Tennessee, United States Chairmans Foods is a manufacturer and custom solutions provider of fresh and frozen food products. The company's primary products include, refrigerated system kits, refrigerated branded pre-packaged chicken salad under the comfort cuisine label, kettle-cooked customized side dishes (macaroni and cheese, country corn, green beans, pepper gravy, cinnamon apples, etc.) delivered frozen to foodservice and other customers, and refrigerated sauces. Chairmans Foods was founded in 1999 and is based in Nashville, Tennessee. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-19 |
TruFit Athletic Clubs
McAllen, Texas, United States TruFit Athletic Clubs is an operator of an independent high-value, low-cost fitness club chain. TruFit Athletic Clubs was founded in 2006 and is based in McAllen, Texas. |
Buy | - |