M&A Deal Summary |
|
|---|---|
| Date | 2021-09-23 |
| Target | KEMP |
| Sector | Software |
| Buyer(s) | Progress Software |
| Sellers(s) | Mill Point Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 258M USD |
| Advisor(s) | Lincoln International (Financial) Wilmer Cutler Pickering Hale and Dorr Lowenstein Sandler (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Software |
| Employees | 2,815 |
| Revenue | 753M USD (2024) |
Progress Software is a software company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source, with enhanced performance, minimal IT complexity and low total cost of ownership. Progress Software was founded in 1981 and is based in Bedford, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 25 |
| Sector: Software M&A | 16 of 17 |
| Type: Add-on Acquisition M&A Deals | 22 of 24 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 17 of 19 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-08 |
Chef Software
Seattle, Washington, United States Chef Software, Inc. engages in DevOps and DevSecOps, providing complete infrastructure automation to build, deploy, manage and secure applications in modern multi-cloud and hybrid environments, as well as on-premises. Chef Software, Inc. was founded in 2008 and is based in Seattle, Washington. |
Buy | $220M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-03 |
MarkLogic
Redwood City, California, United States MarkLogic is a provider of enterprise data integration and data management solutions. MarkLogic’s technology simplifies the integration of enterprise data across silos to provide immediate business value. MarkLogic Data Hub Service is a fully managed cloud data platform that is able to reliably assemble raw data, index it in real-time for powerful semantic search, and provide the ability to securely run operational and analytical applications at scale. MarkLogic was founded in 2001 and is based in Redwood City, California. |
Buy | $355M |
Mill Point Capital is a private equity firm focused on buyouts of established middle-market companies with strong track records. The Firm will consider opportunities throughout North American and generally looks to invest $15 to $80 million in companies valued up to $250 million. Sectors of interest include industrial and business services. Mill Point Capital is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 9 |
| Sector: Software M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 3 of 5 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 4 of 9 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-05 |
Prime Pensions
Florham Park, New Jersey, United States Prime Pensions is an independent provider of retirement plan compliance and administration services primarily to small and medium-sized businesses. Prime Pensions is not affiliated with any investment product provider and does not offer investment advice. Prime Pensions is based in Florham Park, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-01 |
International Designs Group
Decatur, Georgia, United States International Designs Group (IDG) is a provider of top-quality slab and tile materials for the kitchen and bath industry. IDG offers exclusive brands like Pompeii Quartz and Forum Quartz, as well as its tile label, CTC (Cancos). In addition to slab and tile distribution, IDG has showrooms in several eastern U.S. states, including Alabama, Georgia, South Carolina, Florida and New York. These showrooms highlight and sell the company’s distinctive slab and tile products, and also provide a range of complementary specialty products for the kitchen and bath. International Designs Group is based in Decatur, Georgia. |
Buy | - |
