Investment Summary

Pitney Bowes Invests In Digital Cement

On June 1, 2007, Pitney Bowes invested in marketing company Digital Cement for 40M USD

Investment Highlights
  • This is Pitney Bowes’ 2nd transaction in the Marketing sector.
  • This is Pitney Bowes’ 13th largest (disclosed) transaction.
  • This is Pitney Bowes’ 2nd transaction in Canada.
  • This is Pitney Bowes’ 2nd transaction in Ontario.

Investment Summary
Date 2007-06-01
Target Digital Cement
Sector Marketing
Investor(s) Pitney Bowes
Deal Type Stake Purchase
Deal Value 40M USD

Target

Digital Cement

Toronto, Ontario, Canada
Digital Cement is a professional services firm that provides relationship management strategy and services to help companies acquire, retain, manage and grow their customer relationships.

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Investor(S) 1

Investor

Pitney Bowes

Stamford, Connecticut, United States
Category Company
Founded 1920
Sector Business Services
Employees10,500
Revenue 3.3B USD (2023)
DESCRIPTION
Pitney Bowes facility in Danbury, Connecticut.
Pitney Bowes facility in Danbury, Connecticut.

Pitney Bowes provides technology solutions for small, mid-size and large firms that help them connect with customers to build loyalty and grow revenue. Many of the company's solutions are delivered on open platforms to best organize, analyze and apply both public and proprietary data to two-way customer communications. Pitney Bowes includes direct mail, transactional mail and call center communications in its solution mix along with digital channel messaging for the Web, email and mobile applications. Pitney Bowes was founded in 1920 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 18 of 26
Sector (Marketing) 2 of 2
Type (Stake Purchase) 4 of 4
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2007) 2 of 3
Size (of disclosed) 13 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-19 MapInfo

Troy, New York, United States

MapInfo Corp., is a provider of location intelligence solutions. It was formed in 1986.

Buy $472M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-12 Asterion SAS

Cedex, France

Asterion has a diverse customer base and generated $88 million of revenue in 2006. It employs 740 people, all of whom are located at its current headquarters in St. Denis, France, and its nine facilities located throughout France.

Buy €24M
Mergr

Product

Company

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