M&A Deal Summary

New Era Technology Acquires New Era Technology

On April 3, 2018, New Era Technology acquired information technology company New Era Technology from Gemini Investors

Acquisition Highlights
  • This is New Era Technology’s 1st transaction in the Information Technology sector.
  • This is New Era Technology’s 1st transaction in the United States.
  • This is New Era Technology’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2018-04-03
Target New Era Technology
Sector Information Technology
Buyer(s) New Era Technology
Sellers(s) Gemini Investors
Deal Type Merger

Target

New Era Technology

West Chester, Pennsylvania, United States
New Era Technology, Inc.(old) is a technology specialized integrator of professional audiovisual systems for business, education, government, and healthcare marketplaces. New Era Technology, Inc.(old) is founded in 1985 and is based in West Chester, Pennsylvania.

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Buyer(S) 1

Buyer

New Era Technology

New York, New York, United States
Category Company
Sector Information Technology
DESCRIPTION

New Era Technology provides a comprehensive suite of managed services and systems integration capabilities for a wide range of IT solutions, including collaboration, data networking, and security. New Era Technology is based in New York City.

DEAL STATS #
Overall 1 of 5
Sector (Information Technology) 1 of 4
Type (Merger) 1 of 1
State (Pennsylvania) 1 of 2
Country (United States) 1 of 5
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-29 Cameo Solutions

Cincinnati, Ohio, United States

Cameo Solutions is a cloud Contact Center solution provider.

Buy -

Seller(S) 1

SELLER

Gemini Investors

Wellesley, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1993
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

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 37 of 48
Sector (Information Technology) 2 of 2
Type (Merger) 1 of 1
State (Pennsylvania) 2 of 4
Country (United States) 37 of 48
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-02 Western Machine Works

Portland, Oregon, United States

Western Machine Works is a specialized industrial maintenance and repair business mainly serving large pulp and paper mills. Western Machine Works is a leader in the Pacific Northwest market for mechanical repair and refurbishment of rolls used in the paper manufacturing process. Western Machine Works was founded in 1985 and is based in Portland, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-06 TotalCareRX

Oakland Gardens, New York, United States

TotalCareRX is a provider of specialty and long-term care pharmacy services to chronically ill patients primarily in transplant care, Cystic Fibrosis, HIV, and oncology therapeutic areas. TotalCareRX was founded in 1988 and is based in Oakland Gardens, New York.

Buy -
Mergr

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