M&A Deal Summary

OneCommand Acquires The Higher Gear Group

On January 23, 2014, OneCommand acquired software company The Higher Gear Group from H.I.G. Private Equity

Acquisition Highlights
  • This is OneCommand’s 1st transaction in the Software sector.
  • This is OneCommand’s 1st transaction in the United States.
  • This is OneCommand’s 1st transaction in Illinois.

M&A Deal Summary

Date 2014-01-23
Target The Higher Gear Group
Sector Software
Buyer(s) OneCommand
Sellers(s) H.I.G. Private Equity
Deal Type Merger

Target

The Higher Gear Group

Schaumburg, Illinois, United States
The Higher Gear Group is a provider of CRM software and related services to North American automotive dealers. The Company’s comprehensive, user-friendly and customizable software suite improves its customers’ sales efficiency, customer prospecting, customer retention, customer relationship marketing and trade-cycle management.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

OneCommand

Mason, Ohio, United States

Category Company
Sector Marketing
DESCRIPTION

OneCommand is the successful dealer’s secret weapon for delivering consistent results in their Sales and Service Departments. Join thousands of dealers who are using the OneCommand Platform and CRM every day. OneCommand is the industry leader in deploying leading edge technology that is proven to increase responses, drive traffic and lower marketing costs.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital. The Firm focuses on management buyouts, growth equity investments, and recapitalizations of mid-sized to large companies valued between $50 million and $1 billion. HIG will also consider industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 is based in Miami, Florida.


DEAL STATS #
Overall 48 of 180
Sector: Software M&A 2 of 5
Type: Merger M&A Deals 2 of 5
State: Illinois M&A 4 of 8
Country: United States M&A 42 of 123
Year: 2014 M&A 2 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-23 MagnaCare

New York, New York, United States

MagnaCare processes and administers healthcare claims for customers who utilize the company's proprietary, fully-integrated physician, diagnostic and hospital preferred provider organizations (PPO) and workers compensation program. MagnaCare was founded in 1990 and is based in New York, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-27 CDI Technologies

Markham, Ontario, Canada

CDI Technologies is a refurbisher and remarketer of enterprise-grade IT equipment to educational institutions.

Buy -