Investment Summary |
|
|---|---|
| Date | 2010-02-23 |
| Target | Handango |
| Sector | Media |
| Investor(s) | PocketGear |
| Sellers(s) |
Pharos Capital Group
SSM Partners |
| Deal Type | Acquisition Financing |
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ocketGear has just acquired its former competitor Handango in the cross-platform app store space, and can now claim a library of software that places it right alongside Apple's App Store in terms of the pure number of applications on offer.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Media M&A | 1 of 1 |
| Type: Acquisition Financing M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2010 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Focused |
Pharos Capital Group is a private equity firm that provides later-stage equity funding to companies at or near cash-flow break even. Investment funds are typically used to support growth, acquisitions, management buyouts, or recapitalization. Pharos looks to commit $20 to $50 million per transaction. Target sectors include healthcare, business services, and technology. Pharos prefers US-based opportunities. Pharos Capital Group was formed in 1998 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 23 |
| Sector: Media M&A | 1 of 1 |
| Type: Acquisition Financing M&A Deals | 1 of 1 |
| State: Texas M&A | 2 of 3 |
| Country: United States M&A | 9 of 22 |
| Year: 2010 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-16 |
TotalTrax
Newport, Delaware, United States TotalTrax, Inc. is a provider of real-time vehicle, driver and inventory tracking technologies for manufacturing and warehouse operations. Offering a complete technology platform that transforms traditional material handling vehicles into “smart trucks”, TotalTrax provides solutions that automate data collection and reporting for materials handling operations. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-04-06 |
Converge
Peabody, Massachusetts, United States Converge is a trading exchange for electronic components, computer products and networking equipment. Converge provides a high degree of market liquidity by aggregating supply and demand from thousands of component, original equipment and contract manufacturers, as well as distributors and resellers. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2004 |
| Size | Small |
| Type | Sector Agnostic |
SSM Partners is a private equity firm that targets investments in smaller, rapidly growing, private companies based in the Southeast US. Areas of interest include business/outsourcing services, healthcare and consumer services. SSM focuses on transactions requiring $10 to $30 million of equity. Prospective transactions include growth financings, acquisitions, management led buyouts, and recapitalizations. SSM will also consider early-stage opportunities. SSM Partners is based in Memphis, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 28 |
| Sector: Media M&A | 1 of 1 |
| Type: Acquisition Financing M&A Deals | 2 of 2 |
| State: Texas M&A | 6 of 9 |
| Country: United States M&A | 14 of 28 |
| Year: 2010 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-09-25 |
Plan Express
Memphis, Tennessee, United States Plan Express, Inc., a document management company, engages in the management, printing, reproduction, and distribution of construction documents, plans, and contract specifications. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-03-19 |
FrontStream
Claymont, Delaware, United States FrontStream is a provider of software and payment processing solutions that help charities and companies raise money, engage constituents and make a positive impact. FrontStream was established in 2007 and is based in Claymont, Delaware. |
Buy | - |