Investment Summary

PONTIS Capital and Truffle Capital Invest In RF-iT Solutions

On January 25, 2006, growth capital firm PONTIS Capital and private equity firm Truffle Capital invested in information technology company RF-iT Solutions

Investment Highlights
  • This is PONTIS Capital’s 1st and Truffle Capital’s 1st transaction in the Information Technology sector.
  • This is PONTIS Capital’s 4th and Truffle Capital’s 1st transaction in Austria.
Investment Fate
  • RF-iT Solutions was sold to a strategic buyer in 2011.

Investment Summary

Date 2006-01-25
Target RF-iT Solutions
Sector Information Technology
Investor(s) PONTIS Capital
Truffle Capital
Deal Type Venture

Target

RF-iT Solutions

Graz, Austria
RFID is rapidly becoming a mainstream technology in the logistics, retail, manufacturing, pharmaceutical, garment rental, and asset tracking markets.

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Investor(S) 2

Investor

PONTIS Capital

Vienna, Austria

Investor


Category Growth Capital Firm
Founded 2005
PE ASSETS 90M EUR
Size Small
Type Sector Focused
DESCRIPTION

PONTIS Capital is a private investment group focused on high-growth tech businesses in Central Europe. PONTIS looks to invest €1 to €5 million in businesses generating €2 to €40 million in sales. PONTIS seeks companies with experienced management, 'proof of market', and 'scalable business models that can be applied internationally'. Sectors of interest include information/communication technologies, clean technology, and life sciences. PONTIS was formed in 2005 and is based in Vienna.


DEAL STATS #
Overall 4 of 7
Sector: Information Technology M&A 1 of 2
Type: Venture M&A Deals 2 of 4
Country: Austria M&A 4 of 6
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Lixto Software

Vienna, Austria

Lixto provides innovative search technology delivering structured results from Web queries. Both businesses and consumers use Lixto technology to derive more relevant and better structured results from the Web than normal search engines provide. Lixto delivers solutions in the area of metasearch, online market intelligence and Web process integration.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-15 Automic Software

Bellevue, Washington, United States

Automic Software GmbH is a provider of enterprise IT job scheduling and workload automation software tools to midsize, large and global companies.

Sell -
Investor

Truffle Capital

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 700M EUR
Size Middle-Market
Type Sector Focused
DESCRIPTION

Truffle Capital is a French private equity firm focused on majority investments in life science and information technology companies. Within IT, Truffle seeks businesses dealing in mobile content and connectivity, internet, technical software, IT security, and VOIP. Within the life science sector, the Firm looks at opportunities in therapeutic drugs and vaccines, medical devices, as well as other breakthrough technologies. Truffle Capital was formed in 2001 and is based in Paris.


DEAL STATS #
Overall 14 of 45
Sector: Information Technology M&A 1 of 4
Type: Venture M&A Deals 2 of 8
Country: Austria M&A 1 of 1
Year: 2006 M&A 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Velcan Holdings

Luxembourg, Luxembourg

Velcan Holdings offers solutions to fight global warming by producing electricity at a low cost in emerging countries and selling carbon credits that comply with the Kyoto Protocol. Velcan Holdings was founded in 2005 and is based in Luxembourg City, Luxembourg.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-01 Vexim SA

Balma, France

Vexim SA is a medical device company, designs and markets minimally invasive solutions for the treatment of traumatic spinal pathologies. Company specializes in the development and sale of vertebral compression fracture (VCF) solutions. The company’s flagship product is the SpineJack® system, a mechanical expandable VCF implant for fracture reduction and stabilization. The VEXIM portfolio is highly complementary to the Interventional Spine (IVS) business of Stryker’s Instruments division whose key products include an extensive and innovative portfolio for vertebral augmentation, vertebroplasty and radiofrequency ablation procedures, along with a diagnostic tool and decompression treatment advances for contained disc herniations.

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