Investment Summary

Periscope Equity Invests In Praecipio

On October 26, 2021, private equity firm Periscope Equity invested in information technology company Praecipio

Investment Highlights
  • This is Periscope Equity’s 4th transaction in the Information Technology sector.
  • This is Periscope Equity’s 14th transaction in the United States.
  • This is Periscope Equity’s 2nd transaction in Texas.

Investment Summary
Date 2021-10-26
Target Praecipio
Sector Information Technology
Investor(s) Periscope Equity
Deal Type Growth Capital

Target

Praecipio

Austin, Texas, United States
Praecipio is an interdisciplinary process framework and technology consulting firm specializing in ITSM, Scaled Agile, DevOps, and others. Praecipio was founded in 2006 and is based in Austin, Texas.

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Investor(S) 1

Investor

Periscope Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Focused
DESCRIPTION

Periscope Equity is a private equity firm focused on acquiring lower middle-market tech-enabled business services companies. Periscope pursues companies valued up to $40 million with $10 to $50 million in revenue. Specific areas of interest include healthcare services, marketing services, business process outsourcing, SaaS, and security services. Periscope Equity was formed in 2007 and is based in Chicago, Illinois.

DEAL STATS #
Overall 14 of 16
Sector (Information Technology) 4 of 4
Type (Growth Capital) 6 of 7
State (Texas) 2 of 2
Country (United States) 14 of 16
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 CyberMaxx

Chicago, Illinois, United States

CyberMaxx provides the healthcare industry with a full suite of services to prevent, detect, and respond to cyberattacks. Its proprietary software, along with its extensive healthcare expertise, protects highly regulated industries that require cloud-based and on-premise security solutions. CyberMaxx was founded in 2009 and is based in Nashville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 Power Digital

San Diego, California, United States

Power Digital is a data-driven digital marketing agency, that offers services including: SEO, Content, Paid Media, Organic and Paid Social Media, PR, Influencer, Email, Conversion Rate Optimization, Migration, Amazon Marketing and Web Development, with an emphasis in helping brands scale revenue and increase profits through customer acquisition and retention programs. Power Digital was founded in 2012 and is based in San Diego, California.

Sell -
Mergr

Product

Company

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