M&A Deal Summary |
|
|---|---|
| Date | 2011-07-13 |
| Target | Global 360 |
| Sector | Software |
| Buyer(s) | OpenText |
| Sellers(s) |
TCV
JMI Equity TA Associates Bregal Sagemount |
| Deal Type | Add-on Acquisition |
| Deal Value | 260M USD |
| Advisor(s) | Spurrier Capital Partners (Financial) |
SEARCH BY
Try For Free 7-Day Free Trial
OpenText is an independent software provider of enterprise information management (EIM). Open Text was founded in 1991 and is based in Waterloo, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 45 |
| Sector (Software) | 14 of 21 |
| Type (Add-on Acquisition) | 17 of 36 |
| State (Texas) | 2 of 4 |
| Country (United States) | 13 of 32 |
| Year (2011) | 2 of 2 |
| Size (of disclosed) | 12 of 27 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-02-02 |
Metastorm
Baltimore, Maryland, United States With a focus on enterprise visibility, resource optimization, efficiency and agility, Metastorm offers market software for enterprise and business architecture (EA), business process analysis (BPA) and business process management (BPM). |
Buy | $182M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-01 |
EasyLink Services International
Norcross, Georgia, United States EasyLink is a global provider of cloud messaging and business integration services that help companies optimize relationships with their partners, suppliers, customers, and other stakeholders. |
Buy | - |
Technology Crossover Ventures (TCV) is a private equity and venture capital firm focused on investments in growth technology companies. TCV looks to provide capital for growth, recapitalizations, acquisitions, and buyouts of technology companies in sectors such as internet, financial technology, infrastructure & communications, and software. TCV targets opportunities in North America and looks to commit between $10 and $500 million of equity capital per transaction. TCV was formed in 1995 and is based in Palo Alto, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 84 |
| Sector (Software) | 14 of 23 |
| Type (Add-on Acquisition) | 26 of 43 |
| State (Texas) | 3 of 8 |
| Country (United States) | 42 of 73 |
| Year (2011) | 7 of 11 |
| Size (of disclosed) | 16 of 24 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-08 |
Continuous Computing
San Diego, California, United States Continuous Computing Corp. is a provider of High Availability (HA) platform solutions for telecom equipment manufacturers. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-26 |
Seismic Micro-Technology
Houston, Texas, United States Seismic Micro-Technology, Inc. is a provider of Windows-based geophysical and geological interpretation software for the upstream exploration and production (E&P) industry. |
Sell | $500M |
| 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 $10 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 106 |
| Sector (Software) | 31 of 54 |
| Type (Add-on Acquisition) | 33 of 67 |
| State (Texas) | 6 of 9 |
| Country (United States) | 43 of 94 |
| Year (2011) | 4 of 6 |
| Size (of disclosed) | 20 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-04-28 |
AppNeta
Boston, Massachusetts, United States AppNeta is a provider of proactive application and network monitoring solutions built for the distributed, cloud-connected, digital enterprise. AppNeta was founded in 2011 and is based in Boston, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-26 |
Seismic Micro-Technology
Houston, Texas, United States Seismic Micro-Technology, Inc. is a provider of Windows-based geophysical and geological interpretation software for the upstream exploration and production (E&P) industry. |
Sell | $500M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1968 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 150 of 255 |
| Sector (Software) | 36 of 55 |
| Type (Add-on Acquisition) | 84 of 130 |
| State (Texas) | 12 of 19 |
| Country (United States) | 139 of 206 |
| Year (2011) | 8 of 12 |
| Size (of disclosed) | 42 of 67 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-05-12 |
Tega Industries
Kolkata, India Tega Industries offers a range of products and services used in mining, mineral processing, screening, grinding and material handling. Tega’s primary offering is customized wear-resistant mill liners that are used for grinding and sizing of mineral ores. Tega Industries was founded in 1976 and is based in Kolkata, India. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-28 |
DNCA Finance
Paris, France DNCA Finance is a French asset management firm with €5 billion in funds under management. The company was founded in 2000 and offers clients a number of different fund products investing in France, the wider Eurozone and internationally. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2012 |
| PE ASSETS | 1.7B USD |
| Size | Large |
| Type | Sector Agnostic |
Bregal Sagemount is a growth-focused private capital firm. The Firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Bregal Sagemount invests $8 to $150 million per transaction in a variety of sectors including software, digital infrastructure, healthcare IT, healthcare services, business and consumer services, financial technology, and specialty finance. Bregal Sagemount was formed in 2012 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 37 |
| Sector (Software) | 3 of 9 |
| Type (Add-on Acquisition) | 4 of 16 |
| State (Texas) | 1 of 4 |
| Country (United States) | 8 of 34 |
| Year (2011) | 3 of 3 |
| Size (of disclosed) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-21 |
iWeb
Montreal, Quebec, Canada iWeb is a provider of Internet hosting solutions and IT infrastructure, with its shared web hosting as well as its dedicated servers and co-location services. iWeb was formed in 1996 and is based in Montreal, Quebec. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-01 |
AFS Technologies
Phoenix, Arizona, United States AFS Technologies is a provider of fully integrated business software solutions, specifically engineered for the Food and Beverage industries. AFS new Service Oriented Architecture (SOA), based on Web Services and built on Microsoft. NET Framework 2.0, provides its customers with greater IT flexibility, increased scalability of their existing systems, and more powerful functionality, all at an affordable price. AFS Technologies was founded in 1985 and is based in Phoenix, Arizona. |
Buy | - |
