Investment Summary |
|
|---|---|
| Date | 2023-05-31 |
| Target | Hostaway |
| Sector | Software |
| Investor(s) |
PSG
General Atlantic |
| Deal Type | Growth Capital |
| Advisor(s) | Vista Point Advisors (Financial) |
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PSG is a growth equity investment firm focused on the software sector. The Firm looks to partner with software and technology-enabled service companies to capitalize on opportunities and accelerate growth. PSG looks to leverage its network and best practice knowledge developed from its history of investing, to implement and execute strategies on guiding companies to the next level. PSG was established in 2014 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 109 of 130 |
| Sector: Software M&A | 35 of 45 |
| Type: Growth Capital M&A Deals | 57 of 74 |
| Country: Finland M&A | 2 of 3 |
| Year: 2023 M&A | 6 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-25 |
Xurrent
Santa Barbara, California, United States Xurrent is a service and operations management platform that streamlines ITSM and IT Operations Management with AI-powered automation. The company's platform simplifies workflows, enhances collaboration, and boosts productivity. Built for scalability, it seamlessly adapts to the evolving needs of modern enterprises, minimizing effort while maximizing efficiency. Xurrent is based in Santa Barbara, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-06 |
NXTsoft
Birmingham, Alabama, United States NXTsoft provides API, cybersecurity and data software solutions for financial institutions. The company's other solutions include data security, data analytics, data management and data migration. NXTsoft’s products and services help businesses secure, connect and optimize their data to maximize revenue opportunities, enhance profitability and mitigate cybersecurity risk. NXTsoft is based in Birmingham, Alabama. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 105.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 338 of 364 |
| Sector: Software M&A | 27 of 28 |
| Type: Growth Capital M&A Deals | 134 of 140 |
| Country: Finland M&A | 1 of 1 |
| Year: 2023 M&A | 4 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-27 |
Tripleseat
Concord, Massachusetts, United States Tripleseat is a cloud-based sales and event management application that generates sales and streamlines the planning process for restaurants, hotels, and unique venues. It is the first web-based system created by restaurant event planners for restaurant event planners. Tripleseat was founded in 2008 and is based in Concord, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-15 |
Atoss
Munich, Germany Atoss is a provider of technology and consulting solutions for professional workforce management and demand-optimized personnel deployment. The company provides classic time management, mobile apps, a detailed determination of personnel requirements, sophisticated resource planning, or strategic capacity and requirements planning. Its workforce management solutions make a measurable contribution to added value and competitiveness for around 15,000 customers in more than 50 countries. Customers include companies such as ALDI SÜD, Coca-Cola, Deutsche Bahn, Douglas, Edeka, HUK-COBURG, Leverkusen Clinic, Lufthansa, Schmitz Cargobull, Sixt, the city of Regensburg, thyssenkrupp Packaging Steel and W.L. Gore & Associates. Atoss was founded in 1987 and is based in Munich, Germany. |
Buy | - |
