M&A Deal Summary |
|
|---|---|
| Date | 2013-11-29 |
| Target | IntelePeer |
| Sector | Technology Hardware |
| Buyer(s) | Peerless Network |
| Sellers(s) |
Convergent Capital Partners
Kennet Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2008 |
| Sector | Communications |
Peerless Network provides agile, cost-effective, and simple-to-deploy voice services, including unified communications-as-a-service, session initiation protocols (SIP) trunking, messaging, APIs and Microsoft Teams integration. Peerless Network was founded in 2008 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2013 M&A | 1 of 1 |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Convergent Capital is a private investment firm that provides growth and debenture financing to late-stage growth companies. Convergent prefers to commit $3 to $12 million per transaction in businesses with at least $10 million in revenues. Convergent is a generalist investor and will consider businesses in a wide range of industries. Investment funds are typically used to assist growth, but the firm can also structure investments around buyouts, recapitalizations, consolidations, and add-on acquisitions. Convergent is licensed as a SBIC. Convergent Capital was formed in 1999 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 44 |
| Sector: Technology Hardware M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 6 of 14 |
| State: California M&A | 6 of 8 |
| Country: United States M&A | 28 of 44 |
| Year: 2013 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-01 |
Bay West
St Paul, Minnesota, United States Bay West is a customer-focused environmental and industrial services provider, with a four-decade track record of providing value-added solutions to our clients in both the public and private sectors. Bay West was founded in 1974 and is based in St Paul, Minnesota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-03 |
Tri Star Protector Service Co.
New Caney, Texas, United States Tri-Star Protector ("Tri-Star") provides an environmental service to upstream oil & gas companies throughout North America and other international markets via the collection, refurbishment, and resale of pipe thread protectors. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 700M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Kennet Partners is a private investment firm that invests in fast-growing companies providing information technology products and technology-enabled services. Kennet typically commits $10 to $50 million of equity per transaction in companies with revenues up to $50 million. The Firm generally invests in businesses located in Western Europe and the US. In addition to providing growth capital, Kennet also finances private mergers, shareholder liquidity needs, corporate divestitures or spin-outs, and restructuring situations. Kennet Partners was formed in 1997 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 25 of 41 |
| Sector: Technology Hardware M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 21 of 32 |
| State: California M&A | 3 of 5 |
| Country: United States M&A | 5 of 15 |
| Year: 2013 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-31 |
Kapow Technologies
Palo Alto, California, United States Kapow Technologies provides an on-demand application ‘mashup’ platform that powers enterprise solutions in reputation management, competitive intelligence, and content integration and migration at a fraction of the cost of traditional methods. Kapow has more than 300 clients such as AT&T, Bank of America, Wells Fargo, CSFB, Intel, Vodafone, Audi, DHL and SimplyHired. |
Sell | $48M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-18 |
Prolexic Technologies
Hollywood, Florida, United States Prolexic Technologies IT security provider of Cloud-based cyber defense solutions, such as distributed denial-of-service (DDoS) detection and mitigation, for the Federal Government and Global 2000 customers. |
Sell | $370M |
