M&A Deal Summary |
|
|---|---|
| Date | 2022-06-29 |
| Target | Design Manager |
| Sector | Software |
| Buyer(s) | Performant Capital |
| Sellers(s) | 1stdibs |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2020 |
| PE ASSETS | 200M USD |
| Size | Small |
| Type | Sector Focused |
Performant Capital is a private equity firm focused on investing in mission-critical B2B software and tech-enabled service businesses. The Firm typically partners with growth-stage companies—backing recurring-revenue businesses where it can commit $10 to $100?million. Performant works closely with founders and management to enhance sales & marketing, modernize products and platforms, and build teams. Performant Capital was founded in 2019 and is headquartered in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector: Software M&A | 1 of 3 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 2 of 2 |
| Country: United States M&A | 3 of 6 |
| Year: 2022 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-25 |
Bolt On
Southampton, Pennsylvania, United States Bolt On provides a SaaS workflow automation tool for the independent auto service channel. Bolt On’s digital vehicle inspection and messaging products increase workflow transparency and communication for its automotive service center customers. Bolt On was founded in 2008 and is based in Southampton, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-29 |
Revascent
Boise, Idaho, United States Revascent is a provider of revenue cycle management and outsourced software services to physician practices, allowing providers to focus on patient care. Revascent is based in Boise, Idaho. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | E-Commerce |
| Employees | 284 |
| Revenue | 88M USD (2024) |
1stdibs is an online global marketplace for rare and desirable objects. 1stdibs is a go-to source for the interior designers, celebrities, and affluent consumers to find antiques, design, estate jewelry, vintage couture, fine art and luxury properties. 1stdibs was founded in 2000 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-07 |
Design Manager
Doylestown, Pennsylvania, United States Design Manager is a project management and accounting software for interior designers. Design Manager is created to respond to the requests of local interior design firms, it has expanded into a nationwide software company and become one of the first providers of cloud-based design software. Design firms have specific needs that cannot be answered by conventional software and taken as a mission to provide a product that is dedicated to those needs. Design Manager delivers software that saves time, money and frustration while eliminating countless hours of paperwork. Design Manager was founded in 1984 and is based in Doylestown, Pennsylvania. |
Buy | - |