M&A Deal Summary

Plexus Capital Acquires TaskRay

On October 1, 2021, private equity firm Plexus Capital acquired software company TaskRay

Acquisition Highlights
  • This is Plexus Capital’s 2nd transaction in the Software sector.
  • This is Plexus Capital’s 92nd transaction in the United States.
  • This is Plexus Capital’s 4th transaction in Colorado.

M&A Deal Summary
Date 2021-10-01
Target TaskRay
Sector Software
Buyer(s) Plexus Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

TaskRay

Westminster, Colorado, United States
TaskRay develops and sells SaaS-based customer onboarding solutions to Salesforce users. TaskRay was founded in 2010 and is based in Westminster, Colorado.

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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 92 of 97
Sector (Software) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 43 of 48
State (Colorado) 4 of 4
Country (United States) 92 of 97
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-28 Local Hive Honey

Greeley, Colorado, United States

Local Hive Honey produces 23 varietals of raw and unfiltered honey sourced exclusively from local beekeepers across various states and regions. Local Hive Honey is based in Greeley, Colorado.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-16 Allways Precision

Plainfield, Illinois, United States

Allways Precision provides remanufacture, service, and automation of Cincinnati centerless grinders. Allways Precision was founded in 1992 and is based in Plainfield, Illinois.

Buy -
Mergr

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