M&A Deal Summary

OMERS Private Equity and Harvest Partners Acquire Epiq

On July 27, 2016, private equity firms OMERS Private Equity and Harvest Partners acquired information technology company Epiq for 1.0B USD

Acquisition Highlights
  • This is OMERS Private Equity’s 2nd and Harvest Partners’ 1st transaction in the Information Technology sector.
  • This is OMERS Private Equity’s 7th and Harvest Partners’ largest (disclosed) transaction.
  • This is OMERS Private Equity’s 16th and Harvest Partners’ 35th transaction in the United States.
  • This is OMERS Private Equity’s 2nd and Harvest Partners’ 1st transaction in New York.

M&A Deal Summary

Date 2016-07-27
Target Epiq
Sector Information Technology
Buyer(s) OMERS Private Equity
Harvest Partners
Deal Type Going Private
Deal Value 1.0B USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Kirkland & Ellis (Legal)

Target

Epiq

New York, New York, United States
Epiq is a provider of integrated technology and services for the legal profession, including eDiscovery, managed services, bankruptcy, class action and mass tort administration, federal regulatory actions and data breach responses. Epic's solutions are designed to streamline the administration of litigation, investigations, financial transactions, regulatory compliance and other legal matters. Epiq was founded in 1988 and is based in New York, New York.

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Buyer(S) 2

Buyer

OMERS Private Equity

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 27.5B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

OMERS Private Equity, Inc. is the private equity arm of the Ontario Municipal Employees Retirement System. OMERS invests in buyout, venture, and mezzanine funds as well as makes direct private equity investments in North American companies with and enterprise value of $200 million to 1.5 billion. Target sectors include manufacturing, financial and business services, industrial and consumer products, transportation, and technology. OMERS Private Equity was formed in 1987 and is based in Toronto, Ontario.


DEAL STATS #
Overall 37 of 57
Sector: Information Technology M&A 2 of 5
Type: Going Private M&A Deals 3 of 3
State: New York M&A 2 of 3
Country: United States M&A 16 of 30
Year: 2016 M&A 2 of 3
Size (of disclosed) 7 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-29 Give and Go Prepared Foods

Toronto, Ontario, Canada

Give and Go Prepared Foods Corp. is a manufacturer of baked goods supplying retailers and the foodservice industry. With our extensive product selection and portfolio of successful brands, we cover all needs, from bite-sized treats under the bestselling two-bite brand, decadent cupcakes under Kimberley’s Bakeshoppe, feel-good granola snacks under Mason St. Bakehouse, or traditional treats under The Worthy Crumb Pastry Co. Give and Go Prepared Foods was founded in 1989 and is based in Toronto, Ontario.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-28 Document Technologies

Atlanta, Georgia, United States

DTI is a privately held legal process outsourcing company in the US serving law firms and corporations. DTI helps its clients accelerate the changes they must make to remain competitive. DTI was founded in 1998 and is based in Atlanta, Georgia.

Sell $627M
Buyer

Harvest Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Harvest Partners is a Investment firm provides Private Equity and Structured Capital focused on buyout, growth capital, minority position, and non-control investments in middle-market public and private companies. Harvest Partners looks to invest in profitable ($30 to $300 million of EBITDA). Sectors of interest include business services, consumer services, healthcare, industrial services, manufacturing, marketing, building products and distribution companies valued between $100 and $1000 million. The Firm prefers opportunities headquartered in North America. Harvest Partners was formed in 1981 and is based in New York City.


DEAL STATS #
Overall 39 of 71
Sector: Information Technology M&A 1 of 6
Type: Going Private M&A Deals 2 of 2
State: New York M&A 1 of 4
Country: United States M&A 35 of 67
Year: 2016 M&A 3 of 5
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 PDI Technologies

Alpharetta, Georgia, United States

PDI Technologies is a provider of enterprise-class retail automation software to convenience store retailers and wholesale petroleum marketers. PDI develops, sells and supports a software solution for managing back-office and day-to-day management processes such as accounting, product pricing, inventory, fuel purchasing, card processing and employee scheduling for retail convenience store and wholesale fuel businesses. PDI Technologies was founded in 1983 and is based in Alpharetta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-18 Granicus

Denver, Colorado, United States

Granicus is a provider of cloud-based government transparency, legislative management and digital marketing solutions for government agencies across North America and the United Kingdom. Granicus was founded in 1999 and is based in Denver, Colorado.

Buy -