M&A Deal Summary

Quest Acquires erwin

On January 5, 2021, Quest acquired software company erwin from Parallax Capital Partners

Acquisition Highlights
  • This is Quest’s 10th transaction in the Software sector.
  • This is Quest’s 9th transaction in the United States.
  • This is Quest’s 1st transaction in New York.

M&A Deal Summary
Date 2021-01-05
Target erwin
Sector Software
Buyer(s) Quest
Sellers(s) Parallax Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Citigroup Investment Banking (Financial)

Target

erwin

Melville, New York, United States
erwin, Inc. is a data modeling solutions software that helps organizations promote strong data governance and derive maximum value from their data-driven initiatives. erwin was established in 2016 and is based in Melville, New York.

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Buyer(S) 1

Buyer

Quest

Aliso Viejo, California, United States
Category Company
Sector Software
DESCRIPTION

Quest is a provider of a broad suite of integrated infrastructure software for managing systems, data, and applications. Quest helps organizations be IT resilient by protecting and powering users, endpoints and data, as well as by hardening cybersecurity systems. Quest is based in Aliso Viejo, California.

DEAL STATS #
Overall 11 of 11
Sector (Software) 10 of 10
Type (Add-on Acquisition) 11 of 11
State (New York) 1 of 1
Country (United States) 9 of 9
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-10 QUADROtech Solutions AG

Zug, Switzerland

QUADROtech Solutions AG is a software development firm that provides tools to manage the migration of email archives, PST Files and mailboxes. QUADROtech Solutions was founded in 2011 and is based in Zug, Switzerland.

Buy -

Seller(S) 1

SELLER

Parallax Capital Partners

Laguna Hills, California, United States

Investor Investor

Category Private Equity Firm
Founded 1999
Size Middle-Market
Type Sector Focused
DESCRIPTION

Parallax Capital Partners is a private equity firm focused on acquiring middle-market software and related technology companies. Prospective transactions include corporate divestitures, take privates, management buyouts, private company acquisitions, and recapitalizations. Target companies typically have $5 to $100 million in revenue and offer mission-critical products or services. Parallax will consider opportunities in North and South America, Europe, or Asia. Parallax Capital Partners was formed in 1999 and is based in Laguna Hills, California.

DEAL STATS #
Overall 11 of 11
Sector (Software) 6 of 6
Type (Add-on Acquisition) 9 of 9
State (New York) 2 of 2
Country (United States) 10 of 10
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-04 Infor Global Solutions

New York, New York, United States

Infor Global Solutions, Inc. is a global provider of enterprise business solutions to select manufacturing and distribution industries. Infor Global Solutions, Inc. was formed in 2002 and is based in New York City.

Sell $13.0B
Mergr

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Company

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