M&A Deal Summary

Parallax Capital Partners Acquires Computron Software

On November 1, 2006, private equity firm Parallax Capital Partners acquired software company Computron Software from AXS-One

Acquisition Highlights
  • This is Parallax Capital Partners’ 6th transaction in the Software sector.
  • This is Parallax Capital Partners’ 7th transaction in the United States.
  • This is Parallax Capital Partners’ 1st transaction in New Jersey.
Investment Fate
  • Computron Software was sold to a strategic buyer in 2015.

M&A Deal Summary

Date 2006-11-01
Target Computron Software
Sector Software
Buyer(s) Parallax Capital Partners
Sellers(s) AXS-One
Deal Type Divestiture

Target

Computron Software

Lyndhurst, New Jersey, United States
Computron Software LLC is a supplier of accounting and finance enterprise resource planning software to mid-market and multi-national organizations.

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Buyer(S) 1

Buyer

Parallax Capital Partners

Laguna Hills, California, United States

Investor


Category Private Equity Firm
Founded 1999
Size Middle-Market
Type Sector Focused
DESCRIPTION

Parallax Capital Partners is a private equity firm focused on acquiring middle-market software and related technology companies. Prospective transactions include corporate divestitures, take privates, management buyouts, private company acquisitions, and recapitalizations. Target companies typically have $5 to $100 million in revenue and offer mission-critical products or services. Parallax will consider opportunities in North and South America, Europe, or Asia. Parallax Capital Partners was formed in 1999 and is based in Laguna Hills, California.


DEAL STATS #
Overall 8 of 16
Sector: Software M&A 6 of 11
Type: Divestiture M&A Deals 1 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 7 of 15
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-09 MultiGen-Paradigm

Richardson, Texas, United States

MultiGen-Paradigm, Inc. is a supplier of real time 3D solutions, commercial-off-the-shelf (COTS) software for visualization, simulation and training applications. MultiGen Paradigm's focus is to provide end-to-end content creation and delivery solutions for a wide variety of applications including flight simulation, sensor and IR solutions, urban simulation, 3D GIS visualization, simulation based training and audio simulation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-14 MultiGen-Paradigm

Richardson, Texas, United States

MultiGen-Paradigm, Inc. is a supplier of real time 3D solutions, commercial-off-the-shelf (COTS) software for visualization, simulation and training applications. MultiGen Paradigm's focus is to provide end-to-end content creation and delivery solutions for a wide variety of applications including flight simulation, sensor and IR solutions, urban simulation, 3D GIS visualization, simulation based training and audio simulation.

Sell $16M

Seller(S) 1

SELLER

AXS-One

Rutherford, New Jersey, United States

Category Company
Founded 1978
Sector Software
Employees64
DESCRIPTION

AXS-One, Inc. is a provider of integrated content archiving software solutions.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1