M&A Deal Summary

NetMotion Software Acquires Padcom

On June 1, 2006, NetMotion Software acquired software company Padcom from Liberty Partners

Acquisition Highlights
  • This is NetMotion Software’s 1st transaction in the Software sector.
  • This is NetMotion Software’s 1st transaction in the United States.
  • This is NetMotion Software’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2006-06-01
Target Padcom
Sector Software
Buyer(s) NetMotion Software
Sellers(s) Liberty Partners
Deal Type Merger

Target

Padcom

Bethlehem, Pennsylvania, United States
Padcom, Inc. is a provider of wireless remote access connectivity solutions that overcome the gaps in wireless data communication by connecting enterprises, workers, and devices.

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Buyer(S) 1

Buyer

NetMotion Software

Seattle, Washington, United States

Category Company
Founded 2001
Sector Software
Revenue 60M USD (2020)
DESCRIPTION

NetMotion Software is a privately held software company that develops software for organizations with mobile workforces, focusing on security, management, and optimization of their wireless data deployments. NetMotion Software was founded in 2001 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1

Seller(S) 1

SELLER

Liberty Partners

New York, New York, United States

Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Liberty Partners is a private equity investment firm that targets controlling or substantial-minority investments in North American companies. Liberty looks for opportunities in manufacturing, business services, and education-related companies and seeks to invest $20 to $75 million of equity capital per transaction. Target businesses generally have at least $50 million in revenues and at least $6 million in EBITDA. Prospective transaction types include leveraged buyouts, corporate divestitures, recapitalizations, going-privates, build-ups, and growth financings. Liberty Partners was formed in 1992 and is based in New York City.


DEAL STATS #
Overall 15 of 32
Sector: Software M&A 1 of 3
Type: Merger M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 3
Country: United States M&A 15 of 32
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-01 NetMotion Software

Seattle, Washington, United States

NetMotion Software is a privately held software company that develops software for organizations with mobile workforces, focusing on security, management, and optimization of their wireless data deployments. NetMotion Software was founded in 2001 and is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-21 Concorde

Mission, Kansas, United States

Concorde is a for-profit postsecondary educational institution that trains students for allied health careers including Medical Assisting, Dental Assisting, Insurance Coding, Respiratory Therapy, Surgical Technology, Vocational/Practical Nursing, and more. Concorde was founded in 1968 and is based in Mission, Kansas.

Buy $115M