M&A Deal Summary |
|
|---|---|
| Date | 2020-12-14 |
| Target | PowerDMS |
| Sector | Internet Software and Services |
| Buyer(s) | NEOGOV |
| Sellers(s) |
Ballast Point Ventures
Frontier Growth |
| Deal Type | Merger |
| Advisor(s) | William Blair (Financial) |
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NEOGOV is a talent management software platform focused on government, education and public sector clients. NEOGOV provides market major software-as-a-service (SaaS) talent management solutions to automate and streamline the recruitment, onboarding and performance evaluation processes for government and other public sector institutions. NEOGOV was founded in 2000 and is based in El Segundo, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 1 of 4 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-06 |
CueHit
San Diego, California, United States CueHit has partnered with more than 50 police departments and Emergency Communications Centers over the past year to automatically engage citizens, measure the satisfaction levels of their interactions, and use positive feedback from the CueHit app to improve first responder morale and mental wellness. CueHit was founded in 2020 and is headquartered in San Diego, California. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 550M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Ballast Point Ventures is a private investment firm that targets growth businesses located in the South US. Ballast Point looks to commit $5 to $15 million of equity capital per transaction and looks for businesses in markets with annual revenues of at least $100 million. Sectors of interest include healthcare, information technology (IT), financial services, communications, business services, and consumer products/services. Ballast Point Ventures was formed in 2001 and is based in Tampa, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 34 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 2 of 2 |
| State: Florida M&A | 8 of 10 |
| Country: United States M&A | 32 of 34 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-05 |
Mailprotector
Greenville, South Carolina, United States Mailprotector provides cloud-based email security and encryption, management, and hosting services sold exclusively through Managed Services Providers to businesses, government, and non-profits around the world. Mailprotector is based in Greenville, South Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-29 |
PaceMate
Bradenton, Florida, United States PaceMate provides a software and service solution for remote cardiac device management to hospital systems and independent cardiology clinics. PaceMate was founded in 2015 and is based in Bradenton, Florida. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Focused |
Frontier Capital LLC is a private investment firm that provides expansion capital to high-growth 'technology-enabled' business service companies generating revenues $8-$30 million. Frontier targets companies that utilize technology, an innovative business process, or a unique expertise to deliver a differentiated service to customers. Frontier typically invests throughout the Southeast and Mid-Atlantic regions of the US and looks to commit $10 to $50 million of equity capital per transaction. Investment proceeds are generally used for growth initiatives, acquisitions, or to provide shareholder liquidity. Frontier Capital was formed in 1999 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 41 |
| Sector: Internet Software and Services M&A | 4 of 6 |
| Type: Merger M&A Deals | 3 of 3 |
| State: Florida M&A | 2 of 2 |
| Country: United States M&A | 31 of 38 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-09 |
GovQA
Woodridge, Illinois, United States GovQA is a provider of public records and enterprise workflow solutions for the government. GovQA's Exchange Platform enables agencies to action all information in response to any urgent request. Ultimately, it helps them move away from slow, error-prone manual processes reducing paperwork, improving collaboration, and increasing the quality of services they provide. GovQA was founded in 2000 and is based in Woodridge, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-22 |
InteliSecure
Greenwood Village, Colorado, United States InteliSecure, Inc. is an IT managed security service provider (MSSP). With a focus on data loss prevention (DLP), the company provides global 24/7 managed security services for organizations looking to protect business-critical information. InteliSecure was founded in 2002 and is based in Greenwood Village, Colorado. |
Sell | $63M |
