Investment Summary

Nueterra Capital and Saturday Capital Exits HomBase

On October 17, 2023, Quext invested in internet software and services company HomBase from Nueterra Capital and Saturday Capital

Investment Highlights
  • This is Quext’s 2nd transaction in the Internet Software and Services sector.
  • This is Quext’s 3rd transaction in the United States.
  • This is Quext’s 2nd transaction in Missouri.

Investment Summary

Date 2023-10-17
Target HomBase
Sector Internet Software and Services
Investor(s) Quext
Sellers(s) Nueterra Capital
Saturday Capital
Deal Type Add-on Acquisition

Target

HomBase

Kansas City, Missouri, United States
HomBase is a provider of smart IoT systems and WiFi-as-an-amenity in Canada, to create complete smart access control and community WiFi solutions for Canadian property owners and developers. HomBase was founded in 2016 and is based in Kansas City, Missouri.

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Investor(S) 1

Investor

Quext

Lubbock, Texas, United States

Category Company
Sector Information Technology
DESCRIPTION

Quext is a smart building and property management platform that reimagines apartment technology with products that work seamlessly together delivering the easiest-to-learn, most intuitive, all-in-one, cloud-based apartment community nerve center ever offered. Core platform innovations include the internet of things, property management, digital human customer support, high-speed internet, and property websites. Quext is based in Lubbock, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Missouri M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-17 Homebase

Kansas City, Missouri, United States

Homebase is a smart building technology platform that drives connectivity and communication for multi-tenant communities. By connecting smart home devices - access control, lighting, lock hardware & software, thermostats - as well as automated building systems through a building-wide WiFi and Bluetooth Mesh network, help property managers give residents the modern, sophisticated living experience they desire while making management simple and seamless. Homebase was founded in 2016 and is based in Kansas City, Missouri.

Buy -

Seller(S) 2

DESCRIPTION

Nueterra Capital is a private equity firm focused on growth-oriented investments in the healthcare sector. Specific areas of interest include healthcare providers, healthcare service companies, healthcare oriented real estate, and healthcare IT. Nueterra Capital was established in 1997 and is headquartered in Leawood, Kansas.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Missouri M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-21 Metriport

San Francisco, California, United States

Metriport makes it easy for digital health companies to access and manage health and medical data. They’re tackling the interoperability problem in healthcare through their full-service, open-source API. From bidirectional EHR interfacing to wearable device integrations, Metriport turbo-charges development speed by bringing it all together and standardizing it. Metriport was founded in 2022 and is based in San Francisco, California.

Buy -
SELLER
DESCRIPTION

Saturday Capital LLC is a family-backed private investment firm focused on acquiring and investing in micro, niche businesses in the Midwest US. For control situations, Saturday Capital seeks to partner with management to grow profitable ($500K to $2.5 million) companies with up to $8 million in revenue. Broad areas of interest include business services, manufacturing, and technology products/services. In addition to control situations, the Firm also makes on non-control growth investments. Saturday Capital was formed in 2011 and is headquartered in St. Louis, Missouri.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Missouri M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-01 Jallar

Saint Louis, Missouri, United States

Jallar helps to bring people together safely through patented technology which integrates sensor technology, health data and access control systems for corporate, educational and governmental settings. Jallar is based in Saint Louis, Missouri.

Buy -