M&A Deal Summary |
|
|---|---|
| Date | 2008-10-14 |
| Target | Managed Object Solutions |
| Sector | Software |
| Buyer(s) | Novell |
| Sellers(s) |
JMI Equity
FTV Capital |
| Deal Type | Add-on Acquisition |
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Novell, Inc. is a provider of Intelligent Workload Management software, helps organizations securely deliver and manage computing services across physical, virtual and cloud computing environments. Novell was formed in 1979 and is based in Provo, Utah.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Software M&A | 5 of 6 |
| Type: Add-on Acquisition M&A Deals | 7 of 8 |
| State: Massachusetts M&A | 4 of 4 |
| Country: United States M&A | 6 of 6 |
| Year: 2008 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-02-25 |
PlateSpin
Toronto, Ontario, Canada PlateSpin Ltd. provides a unified suite of solutions to help enterprises adopt, manage and extend their use of server virtualization in the data center. PlateSpin's patent-pending conversion and optimization technology liberates software from hardware platforms, allowing servers to be streamed over the enterprise network from any source to any destination. |
Buy | $205M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-02-19 |
Fortefi
Ashwell, United Kingdom Fortefi Ltd. is a provider of compliance and privileged user management solutions. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 7.5B USD |
| Size | Mega |
| Type | Sector Focused |
JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $25 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 107 |
| Sector: Software M&A | 21 of 55 |
| Type: Add-on Acquisition M&A Deals | 27 of 68 |
| State: Massachusetts M&A | 5 of 10 |
| Country: United States M&A | 34 of 95 |
| Year: 2008 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-12 |
NetPro Computing
Phoenix, Arizona, United States NetPro Computing, Inc. is a provider of infrastructure optimization software products. |
Sell | $79M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-02-12 |
Applimation
Chicago, Illinois, United States Applimation, Inc. is a independent provider of application data management solutions for Oracle, SAP, PeopleSoft, Siebel and custom environments. |
Sell | $40M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 6.2B USD |
| Size | Large |
| Type | Sector Agnostic |
FTV Capital is a multi-stage private equity firm focused on providing capital to high-growth companies. FTV generally seeks to invest in software, business services, and financial services companies which enable financial institutions to expand and to operate more efficiently. Investment proceeds are typically used to fund rapid organic growth, provide shareholder liquidity, pursue add-on acquisitions, or acquire divestitures. FTV prefers to act as the lead or control investor and targets equity commitments of $10 to $85 million per transaction. FTV Capital was established in 1998 and was formerly known as FTVentures. FTV Capital is based in San Francisco with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 62 |
| Sector: Software M&A | 2 of 15 |
| Type: Add-on Acquisition M&A Deals | 8 of 38 |
| State: Massachusetts M&A | 1 of 3 |
| Country: United States M&A | 13 of 55 |
| Year: 2008 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-02 |
FleetOne
Antioch, Tennessee, United States FleetOne, LLC is a provider of fuel cards and fleet-related payment solutions to businesses and government agencies with vehicles. Company offer fuel and maintenance purchasing controls, detailed reporting, online account management and many additional money-saving services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-11-14 |
Globant
Luxembourg, Luxembourg Globant is a provider of software product development and IT outsourcing services from Latin America. Globant was incorporated in 2003 and is based in Luxembourg. |
Buy | - |
