M&A Deal Summary |
|
---|---|
Date | 2018-01-01 |
Target | Financeware |
Sector | Financial Services |
Buyer(s) | NewSpring Capital |
Deal Type | Buyout (LBO, MBO, MBI) |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Private Equity Firm |
---|---|
Founded | 1999 |
PE ASSETS | 3.5B USD |
Size | Large |
Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
DEAL STATS | # |
---|---|
Overall | 123 of 200 |
Sector (Financial Services) | 2 of 3 |
Type (Buyout (LBO, MBO, MBI)) | 29 of 44 |
State (Pennsylvania) | 36 of 45 |
Country (United States) | 122 of 196 |
Year (2018) | 1 of 9 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-01 |
Vertical Management Systems
Pasadena, California, United States Vertical Management Systems, is a provider of data, financial networking, and account aggregation technology. For nearly 25 years, VMS has designed, developed and hosted accounting and securities process-and-control solutions for the largest financial institutions in the United States. VMS’s three core products include its retirement platform, Retirement Revolution, a leading supplier of next-generation retirement solutions; Mutual Fund Desk (MFD), a mutual fund process-and-control platform; and Specialized Information Services (SIS), a comprehensive source of customized and audited financial data. Vertical Management Systems was founded in 1992 and is based in Pasadena, California. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-16 |
Pillar Technology Group
Columbus, Ohio, United States Pillar Technology Group LLC is a technology consulting firm that offers its clients the opportunity to solve business problems in a no-constraints, creative, collaborative environment. Pillar Technology Group LLC was founded in 1996 and is based in Columbus, Ohio. |
Buy | - |