M&A Deal Summary |
|
|---|---|
| Date | 2008-07-15 |
| Target | Ripple Technologies |
| Sector | Software |
| Buyer(s) | NitroSecurity |
| Sellers(s) | NewSpring Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Agile Equity (Financial) |
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| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Information Technology |
| Employees | 62 |
NitroSecurity is a provider of intrusion prevention systems (IPS), one of the fastest-growing network security segments. In contrast to traditional detection methods that react to infiltrations after they've occurred, intrusion prevention systems can proactively block attacks in real time before they enter a corporate network. NitroSecurity combines considerable research and development depth with top-notch sales and marketing talent ? a rare combination for early-stage security entities.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2008 M&A | 1 of 1 |
| 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 | 6 of 92 |
| Sector: Software M&A | 1 of 8 |
| Type: Add-on Acquisition M&A Deals | 3 of 52 |
| State: Pennsylvania M&A | 2 of 25 |
| Country: United States M&A | 6 of 91 |
| Year: 2008 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-09 |
Thermacore
Lancaster, Pennsylvania, United States Thermacore, Inc. is specializes in the design, development and manufacturing of high performance thermal management systems and components for the computer, military, aerospace, energy conversion, medical, and telecommunications markets. |
Buy | $13M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-13 |
TMG Health
King Of Prussia, Pennsylvania, United States TMG Health, Inc. is a national provider of Business Process Outsourcing solutions for Medicare Advantage, Medicare Part D and Managed Medicaid plans. With more than 19 years of experience in providing technology-enabled services to the government market exclusively, our knowledge of health plan processes, regulatory requirements, and the daily challenges plans face within the government market is second to none. |
Sell | - |
