M&A Deal Summary

Nordic Capital Acquires Siteimprove

On September 4, 2020, private equity firm Nordic Capital acquired internet software and services company Siteimprove from Summit Partners

Acquisition Highlights
  • This is Nordic Capital’s 5th transaction in the Internet Software and Services sector.
  • This is Nordic Capital’s 12th transaction in Denmark.

M&A Deal Summary

Date 2020-09-04
Target Siteimprove
Sector Internet Software and Services
Buyer(s) Nordic Capital
Sellers(s) Summit Partners
Deal Type Secondary Buyout

Target

Siteimprove

Copenhagen, Denmark
Siteimprove is a SaaS-based provider of web governance software. Siteimprove’s broad suite of cloud software products includes quality assurance, accessibility compliance, analytics, SEO, performance monitoring, and policy management. The Siteimprove Intelligence Platform offers complete visibility across online content quality, performance and visitor behavior, empowering more than 7,500 customers worldwide to achieve digital certainty. Siteimprove was founded in 2003 and is based in Copenhagen, Denmark.

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Buyer(S) 1

Buyer

Nordic Capital

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 31.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Nordic Capital is a private equity investment firm that targets mid to large-sized company investments located in Northern Europe as well as the US. Nordic seeks investments across a wide range of industries and prefers situations where there are 'opportunities for new industrial combinations, strategic repositioning, international expansion and operational improvements'. Nordic Capital was formed in 1989 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 108 of 140
Sector (Internet Software and Services) 5 of 7
Type (Secondary Buyout) 31 of 45
Country (Denmark) 12 of 14
Year (2020) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-25 Max Matthiessen

Stockholm, Sweden

Max Matthiessen is a Swedish advisor within pensions, insurance, and investment, offering advice, analysis, administration, and procurement of pension and insurance solutions to employers, entrepreneurs and individual customers. The Company also offers advice within savings, investment advisory, and asset management. Max Matthiessen was formed in 1889 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-04 Regnology

Frankfurt, Germany

Regnology is a provider of unique software solutions across the regulatory value chain. Regnology was founded in 1994 and is based in Frankfurt, Germany.

Buy -

Seller(S) 1

SELLER

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1984
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 246 of 285
Sector (Internet Software and Services) 17 of 28
Type (Secondary Buyout) 45 of 59
Country (Denmark) 2 of 2
Year (2020) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-01 CluePoints

Louvain-la-Neuve, Belgium

CluePoints provides Risk-Based Study Execution (RBx) and Data Quality Oversight Software. The company's products utilize comprehensive statistical algorithms to determine the quality, accuracy, and integrity of clinical trial data both during and after the study conduct. CluePoints was established in 2012 and is based in Louvain-la-Neuve, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-01 Leon Medical Centers

Doral, Florida, United States

Leon Medical Centers is a healthcare services provider serving Medicare patients. Leon Medical Centers was founded in 1996 and is based in Doral, Florida.

Buy -