Investment Summary

Plexus Capital Invests In Saf-T-Net

On February 1, 2009, private equity firm Plexus Capital invested in internet software and services company Saf-T-Net

Investment Highlights
  • This is Plexus Capital’s 1st transaction in the Internet Software and Services sector.
  • This is Plexus Capital’s 21st transaction in the United States.
  • This is Plexus Capital’s 3rd transaction in North Carolina.
Investment Fate
  • Saf-T-Net was sold to a publicly-traded strategic buyer in 2010 for 33M USD.

Investment Summary

Date 2009-02-01
Target Saf-T-Net
Sector Internet Software and Services
Investor(s) Plexus Capital
Deal Type Growth Capital

Target

Saf-T-Net

Raleigh, North Carolina, United States
Saf-T-Net, Inc. is a software as a service (SaaS) company providing rapid communication services for schools with its AlertNow services.

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Investor(S) 1

Investor

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 21 of 149
Sector: Internet Software and Services M&A 1 of 6
Type: Growth Capital M&A Deals 3 of 30
State: North Carolina M&A 3 of 19
Country: United States M&A 21 of 149
Year: 2009 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-27 Bucks County Coffee Co.

Langhorne, Pennsylvania, United States

Bucks County Coffee Co. LLC is a micro-roaster and purveyor of premium coffees, both retail and wholesale.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-27 Transcription Relief Services

Atlanta, Georgia, United States

Transcend is a public company serving more than 250 hospitals and health systems, with a workforce of 1,950+ domestic medlcal language specialists (MLSs), is recognized as a solid, stable leader in the industry. Most importantly, our customers recognize us as a leader, consistently ranking Transcend among the very top companies resulting from our combination of high quality, excellent turnaround times and exceptional customer service.

Sell $5M