M&A Deal Summary

Northlane Capital Partners and Twin Bridge Capital Partners Acquire Infobase

On June 15, 2022, private equity firms Northlane Capital Partners and Twin Bridge Capital Partners acquired internet software and services company Infobase from Centre Lane Partners

Acquisition Highlights
  • This is Northlane Capital Partners’ 1st and Twin Bridge Capital Partners’ 1st transaction in the Internet Software and Services sector.
  • This is Northlane Capital Partners’ 15th and Twin Bridge Capital Partners’ 5th transaction in the United States.
  • This is Northlane Capital Partners’ 1st and Twin Bridge Capital Partners’ 1st transaction in Delaware.

M&A Deal Summary

Date 2022-06-15
Target Infobase
Sector Internet Software and Services
Buyer(s) Northlane Capital Partners
Twin Bridge Capital Partners
Sellers(s) Centre Lane Partners
Deal Type Secondary Buyout
Advisor(s) Macquarie Capital (Financial)

Target

Infobase

Dover, Delaware, United States
Infobase is a provider of cloud-based educational solutions, integrating content, tools, and technology to foster lifelong learning and deliver interactive learning experiences. Infobase was founded in 1941 and is based in Dover, Delaware.

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Buyer(S) 2

Buyer

Northlane Capital Partners

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2014
PE ASSETS 1.7B USD
Size Large
Type Sector Focused
DESCRIPTION

Northlane Capital Partners is a private equity firm focused on acquiring mid-sized companies in the healthcare and business services sectors. The Firm looks to invest $25 to $150 million in profitable businesses valued up to $300 million. Northlane prefers companies with defensible market positions, recurring revenue business models, strong prospects for growth, and products with inelastic prices. Northlane Capital Partners was formed in 2014 and is headquartered in Bethesda, Maryland.


DEAL STATS #
Overall 15 of 16
Sector: Internet Software and Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 7 of 7
State: Delaware M&A 1 of 1
Country: United States M&A 15 of 16
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-07 SAI MedPartners

Reading, Pennsylvania, United States

SAI MedPartners is a consultancy providing strategic insights and analytics to the pharmaceutical, biotechnology, and medical device industries. SAI MedPartners was founded in 1978 and is based in Reading, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-18 VMG Health

Dallas, Texas, United States

VMG Health is a full-service valuation firm focused exclusively on healthcare companies. The Company provides a unique combination of healthcare industry, financial, and operational expertise to its customers nationwide. VMG Health was founded in 1995 and is based in Dallas, Texas.

Sell -
Buyer
DESCRIPTION

Twin Bridge Capital Partners, LLC is a private equity firm focused on small and middle-market buyout funds and co-investments. The firm seeks to invest in leveraged buyout funds and non-control equity co-investments across multiple industries. Twin Bridge has raised more than $2.5 billion in the capital since its founding in 2005. The Firm looks for opportunities valued from $100 to $1000 million. Twin Bridge Capital Partners was founded in 2005 and is based in Chicago, Illinois.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 3 of 3
State: Delaware M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 apexanalytix

Greensboro, North Carolina, United States

apexanalytix is a provider of supplier management, audit, recovery, and compliance software, and services. apexanalytix was founded in 1988 and is based in Greensboro, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-08 Simplicity Group

Summit, New Jersey, United States

Simplicity Group is a financial product distribution firm focused on retirement planning solutions through a combination of annuity, life insurance, and securities products. Simplicity Group was founded in 2008 and is based in Summit, New Jersey.

Sell -

Seller(S) 1

DESCRIPTION

Centre Lane Partners is a private investment firm focused on making credit and equity, control and non-control, investments in North American middle-market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. The Firm does not have any sector preferences and seeks to invest $5 to $250 million per transaction. Centre Lane Partners was formed in 2007 and is headquartered in New York City.


DEAL STATS #
Overall 10 of 11
Sector: Internet Software and Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 5 of 5
State: Delaware M&A 1 of 1
Country: United States M&A 9 of 10
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Perform[cb]

Sarasota, Florida, United States

Perform[cb] is a performance-based digital marketing network that connects advertisers with publishers. The Company provides a network that gives advertisers access to a qualified network of relevant publishers or affiliates, who can provide them with high-value sales leads. Perform[cb] was founded in 2002 and is headquartered in Sarasota, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-14 Instant Brands - Appliances Division

Ottawa, Ontario, Canada

Instant Brands's Appliances Division includes the Instant Pot, Instant Vortex Air Fryer, and other kitchen appliances. Instant Brands's Appliances Division is based in Ottawa, Ontario.

Buy -