M&A Deal Summary |
|
|---|---|
| Date | 2017-01-05 |
| Target | Payspan |
| Sector | Information Technology |
| Buyer(s) | Primus Capital |
| Sellers(s) | ABS Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | SunTrust Robinson Humphrey (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 900M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Primus Capital is a private equity firm focused on investing in established companies in the business services, healthcare and education industry sectors. Primus looks for established, high-growth companies with strong management and predictable/recurring revenues. The Firm will consider both control and minority positions and has a target investment size of $15 to $70 million. Prospective transaction types include growth equity financings, recapitalizations, and management-led buyouts. Primus Capital was formed in 1983 and is based in Cleveland, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 60 |
| Sector: Information Technology M&A | 5 of 10 |
| Type: Secondary Buyout M&A Deals | 5 of 7 |
| State: Florida M&A | 3 of 4 |
| Country: United States M&A | 38 of 59 |
| Year: 2017 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-01 |
CardinalCommerce
Mentor, Ohio, United States CardinalCommerce Corp. is an e-commerce payment authentication provider. It enable friction-free, technology-neutral authentication and alternative payment services (including digital wallets and mobile commerce services). |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-22 |
Community Education Centers
West Caldwell, New Jersey, United States Community Education Centers is a national provider of rehabilitative services for offenders through reentry and in-custody treatment programs as well as comprehensive management services for county, state, and federal correctional and detention facilities. CEC provides evidence-based programming for residential and non-residential clients through reentry and correctional facilities, in-prison treatment services, and outpatient and day reporting programs. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1990 |
| PE ASSETS | 2.5B USD |
| Size | Large |
| Type | Sector Agnostic |
ABS Capital Partners is a private equity firm that invests in later-stage growth companies in the healthcare, technology, business services, media and communications sectors. ABS provides capital to help fund growth, provide shareholder liquidity, pursue acquisitions, or to effect a management buyout. The Firm prefers US based business and will consider both majority and minority positions. ABS looks to commit $10 to $25 million per transaction. ABS Capital was formed in 1990 and has offices in Baltimore, Maryland; Waltham, Massachusetts; and San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 54 of 72 |
| Sector: Information Technology M&A | 8 of 12 |
| Type: Secondary Buyout M&A Deals | 10 of 12 |
| State: Florida M&A | 6 of 6 |
| Country: United States M&A | 53 of 71 |
| Year: 2017 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-03 |
Aldera
Lisle, Illinois, United States Aldera, Inc. provides a web-based benefit administration and claims management platform to health plans and risk-bearing providers. The Company’s platform supports medical, dental, vision and pharmacy lines of business and enables clients to optimize performance by improving operational efficiency while reducing costs. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-25 |
Source Medical Solutions
Birmingham, Alabama, United States Source Medical Solutions, Inc. (SourceMedical) is a provider of outpatient information solutions and revenue cycle management services for rehabilitation clinics, ambulatory surgery centers and specialty hospitals nationwide. SourceMed is based in Birmingham, Alabama. |
Sell | - |
