M&A Deal Summary |
|
|---|---|
| Date | 2017-03-27 |
| Target | Vantage Data Centers |
| Sector | Information Technology |
| Buyer(s) |
PSP Investments
DigitalBridge Group Silver Lake GIC ADIA Teachers Insurance and Annuity Association of America |
| Sellers(s) | Silver Lake |
| Deal Type | Add-on Acquisition |
| Advisor(s) | RBC Capital Markets Citizens Digital Infrastructure M&A Advisory (Financial) Simpson Thacher & Bartlett (Legal) |
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PSP Investments is a Canadian pension manager focused on a variety of investment strategies including public equities, real estate, private equity, infrastructure, private debt, and natural resources. The Firm's private equity group looks to back funds as well as make direct investments in partnership with managers. PSP will consider opportunities globally and will invest across a broad range of sectors, including financials, consumer, industrials, healthcare, technology, communications, and energy. PSP Investments is based in Ottawa.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 32 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 2 of 4 |
| Country: United States M&A | 8 of 12 |
| Year: 2017 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-22 |
Cerba HealthCare
Issy-les-Moulineaux, France Cerba HealthCare is an operator of clinical pathology laboratories, with a number one position in France and strong market positions in Belgium and Luxembourg. The majority of Cerba's revenues are generated via routine lab tests. Cerba HealthCare was founded in 1967 and is based in Issy-les-Moulineaux, France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-22 |
Fives
Paris, France Fives is an international industrial engineering group that designs and produces equipment, primarily for the automotive, steel and aluminium industries. Fives has participated in the modernization of various global industries, including steel, aluminium, cement, energy, and more recently, the automotive and aerospace industries, as well as logistics. Fives was founded in 1812 and is based in Paris, France. |
Buy | - |
DigitalBridge Group is a global digital infrastructure investment firm. The Firm looks to acquire a variety of assets and operating businesses spanning cell towers, data centers, fiber, small cells, and edge infrastructure. DigitalBridge is headquartered in Boca Raton, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 23 |
| Sector: Information Technology M&A | 3 of 6 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 3 |
| Country: United States M&A | 4 of 10 |
| Year: 2017 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-17 |
Andean Telecom Partners
Hollywood, Florida, United States Andean Telecom Partners is a privately-owned provider of wireless communications infrastructure in the Andean region. Andean Telecom Partners owns, operates, and manages telecommunications towers, rooftops, small cells, and DAS (distributed antenna systems) solutions for mobile operators. Andean Telecom Partners was founded in 2011 and is based in Hollywood, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-11 |
Digita
Helsinki, Finland Digita is an independent tower operator with nationwide portfolios in Finland and Iceland. Digita was founded in 1999 and is based in Helsinki, Finland. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 104.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 85 of 136 |
| Sector: Information Technology M&A | 12 of 18 |
| Type: Add-on Acquisition M&A Deals | 3 of 4 |
| State: California M&A | 24 of 37 |
| Country: United States M&A | 65 of 96 |
| Year: 2017 M&A | 3 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-28 |
Qunar.Com
Beijing, China Qunar.Com, Inc. provides information on flight tickets, hotels, packages, visas, and other travel services. Qunar.Com was founded in 2005 and is based in Beijing, China. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-22 |
Penguin Solutions
Fremont, California, United States Penguin Solutions enable AI and demanding, critical IT and OT workloads by simplifying and advancing data center and edge infrastructure through high-performance and high-availability solutions and services. Penguin Solutions offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. Penguin Solutions was founded in 1988 and is headquartered in Fremont, California. |
Sell | - |
GIC Private Ltd. is the investment arm of Singapore. The Group primarily invests through three investment groups, including public markets, private equity and real estate. GIC's private equity practice looks to invest in funds as well as directly in companies. GIC is based in Singapore with additional offices globally.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 46 |
| Sector: Information Technology M&A | 3 of 4 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 3 of 5 |
| Country: United States M&A | 6 of 17 |
| Year: 2017 M&A | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-07 |
Allfunds
Madrid, Spain Allfunds is a business-to-business mutual fund distribution platform. The Company serves as a global marketplace, helping financial institutions gain access to third-party mutual funds and ETFs for their end customers. Allfunds was founded in 2000 and is based in Madrid, Spain. |
Buy | €1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-18 |
Capital First
Mumbai, India Capital First is a diversified specialty finance company that provides loans to retail customers (including secured loans to small and medium enterprises, consumer durables loans, two-wheelers loans and gold loans) and corporates including loans to real estate developers and loans to business owners secured against shares of publicly traded companies. Capital First is based in Mumbai, India. |
Buy | - |
| Category | Sovereign Wealth Fund |
|---|---|
| Founded | 1976 |
| PE ASSETS | 875.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund that invests the Emirate of Abu Dhabi’s surplus revenues for long-term global value creation. Its investment mandate spans a highly diversified portfolio—including equities, fixed income, private equity, real estate, infrastructure, and financial alternatives—across all major regions worldwide. ADIA was established in 1976 and is headquartered in Abu Dhabi, United Arab Emirates.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 17 |
| Sector: Information Technology M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 2 |
| Country: United States M&A | 3 of 8 |
| Year: 2017 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-10 |
Alight Solutions
Chicago, Illinois, United States Alight Solutions is a provider of outsourced benefits administration and human capital technology. The Company helps drive better health and financial outcomes for employers, employees and plan participants by leveraging proprietary technology, deep domain expertise and global delivery capabilities. Alight Solutions is based in Chicago, Illinois. |
Buy | $4.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-20 |
UPL
Mumbai, India UPL is a global generic crop protection, chemicals and seeds company. UPL was founded in 1969 and is based in Mumbai, Maharashtra. |
Buy | - |
| Category | Company |
|---|---|
| Sector | Financial Services |
Teachers Insurance and Annuity Association of America (TIAA) is a provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $861 billion in assets under management and offers a wide range of financial solutions, including investing, banking, advice and guidance, and retirement services.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Information Technology M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 4 of 4 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-08 |
EverBank
Jacksonville, Florida, United States EverBank provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country. EverBank is based in Jacksonville, Florida. |
Buy | $2.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-01 |
EverBank
Jacksonville, Florida, United States EverBank provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country. EverBank is based in Jacksonville, Florida. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 104.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 66 |
| Sector: Information Technology M&A | 6 of 9 |
| Type: Add-on Acquisition M&A Deals | 13 of 18 |
| State: California M&A | 10 of 19 |
| Country: United States M&A | 29 of 51 |
| Year: 2017 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-28 |
Qunar.Com
Beijing, China Qunar.Com, Inc. provides information on flight tickets, hotels, packages, visas, and other travel services. Qunar.Com was founded in 2005 and is based in Beijing, China. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-22 |
Penguin Solutions
Fremont, California, United States Penguin Solutions enable AI and demanding, critical IT and OT workloads by simplifying and advancing data center and edge infrastructure through high-performance and high-availability solutions and services. Penguin Solutions offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. Penguin Solutions was founded in 1988 and is headquartered in Fremont, California. |
Sell | - |