M&A Deal Summary

New State Capital Partners Acquires Global Holdings

On October 15, 2019, private equity firm New State Capital Partners acquired internet software and services company Global Holdings

Acquisition Highlights
  • This is New State Capital Partners’ 1st transaction in the Internet Software and Services sector.
  • This is New State Capital Partners’ 9th transaction in the United States.
  • This is New State Capital Partners’ 2nd transaction in Oklahoma.

M&A Deal Summary
Date 2019-10-15
Target Global Holdings
Sector Internet Software and Services
Buyer(s) New State Capital Partners
Deal Type Recapitalization

Target

Global Holdings

Tulsa, Oklahoma, United States
Global Holdings is an account and payment processing provider to the consumer debt settlement industry, serving each of the leading consumer debt settlement businesses in the United States. Global Holdings is based in Tulsa, Oklahoma.

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Buyer(S) 1

Buyer

New State Capital Partners

Larchmont, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2014
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

New State Capital Partners is a private investment group focused on middle-market opportunities in the business services, healthcare and industrial sectors. The Firm will consider both majority and minority investments in funding a variety of situations. New State can invest up to $100 million in transactions valued up to $250 million. The Firm was formed in 2013 and is based in New York City.

DEAL STATS #
Overall 9 of 19
Sector (Internet Software and Services) 1 of 1
Type (Recapitalization) 1 of 1
State (Oklahoma) 2 of 2
Country (United States) 9 of 18
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-22 Computer Data Source

Eatontown, New Jersey, United States

Computer Data Source is a provider of enterprise-level data center third-party maintenance, focused on high-end data storage. CDS operates in over 50 countries and partners with major technology service providers to deliver installation, implementation, support, training, and data center administration services to end-users across a broad range of industries. Computer Data Source was founded in 1990 and is based in Eatontown, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Klein Hersh

Horsham, Pennsylvania, United States

Klein Hersh delivers high-level, senior hires for some of the world’s foremost pharmaceutical, biotech and healthcare companies. Klein Hersh uses its relationships and deep subject matter expertise to match its clients with C-Suite executives. The Company employs a consultative, proactive approach to help its customers grow faster. Klein Hersh was founded in 1998 and is based in Horsham, Pennsylvania.

Buy -
Mergr

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