M&A Deal Summary

Plexus Capital Acquires 360 Smart Networks

On January 1, 2023, private equity firm Plexus Capital acquired information technology company 360 Smart Networks

Acquisition Highlights
  • This is Plexus Capital’s 7th transaction in the Information Technology sector.
  • This is Plexus Capital’s 128th transaction in the United States.
  • This is Plexus Capital’s 6th transaction in Georgia.

M&A Deal Summary

Date 2023-01-01
Target 360 Smart Networks
Sector Information Technology
Buyer(s) Plexus Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

360 Smart Networks

Roswell, Georgia, United States
360 Smart Networks is an IT services and IT solutions company for businesses with more than 20 users in Atlanta & Charlotte. 360 Smart Networks is based in Roswell, Georgia.

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Buyer(S) 1

Buyer

Plexus Capital

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 2.2B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Plexus Capital is a private equity firm that invests in buyouts, acquisitions, recapitalizations and growth financings in the form of junior and/or equity capital. Plexus focuses on lower middle-market businesses located in the Mid-Atlantic and Southeast areas of the US. The Firm looks for businesses companies in the business services, consumer services, manufacturing, value-added distribution, and healthcare sectors with up to $2 to $15 million of cash-flow. Plexus Capital was formed in 1995 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 128 of 149
Sector: Information Technology M&A 7 of 9
Type: Buyout (LBO, MBO, MBI) M&A Deals 65 of 70
State: Georgia M&A 6 of 7
Country: United States M&A 128 of 149
Year: 2023 M&A 4 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Maxway Trucking

Salt Lake City, Utah, United States

Maxway Trucking is a contracted provider of daily fixed route trucking for the United States Postal Service (“USPS”) and freight customers. Maxway Trucking is based in Salt Lake City, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-12 WM Synergy

Houston, Texas, United States

WM Synergy provides ERP software, support, and services to manufacturing and distribution companies. The company also offers its customers a variety of flexible software deployment and utilizes lean manufacturing, an ecosystem of best-in-class solutions, and business process re-engineering techniques to enhance their customers’ business. WM Synergy was founded in 1985 and is based in Houston, Texas.

Buy -