Investment Summary

Resurgens Technology Partners Invests In AgencyBloc

On October 7, 2021, private equity firm Resurgens Technology Partners invested in software company AgencyBloc

Investment Highlights
  • This is Resurgens Technology Partners’ 6th transaction in the Software sector.
  • This is Resurgens Technology Partners’ 8th transaction in the United States.
  • This is Resurgens Technology Partners’ 1st transaction in Iowa.

Investment Summary

Date 2021-10-07
Target AgencyBloc
Sector Software
Investor(s) Resurgens Technology Partners
Deal Type Growth Capital
Advisor(s) Morgan Partners (Financial)

Target

AgencyBloc

Cedar Falls, Iowa, United States
AgencyBloc is an agency management software system that helps life and health insurance agencies grow their business with an industry-specific CRM, commissions processing, and integrated business and marketing automation. AgencyBloc was founded in 2008 and is based in Cedar Falls, lowa.

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Investor(S) 1

Investor
DESCRIPTION

Resurgens Technology Partners is a private equity firm focused on acquiring software and technology-enabled service companies. The Firm targets businesses with $5 to $30 million of recurring revenue and will consider opportunities throughout North America. Specific areas of interest include enterprise software, information services, and analytics. Resurgens has a preference for founder-owned companies with potential for market leadership. Resurgens Technology Partners was established in 2016 and is headquartered in Atlanta, Georgia.


DEAL STATS #
Overall 8 of 17
Sector (Software) 6 of 12
Type (Growth Capital) 7 of 13
State (Iowa) 1 of 1
Country (United States) 8 of 14
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-17 EnergyCAP

Boalsburg, Pennsylvania, United States

EnergyCAP is an energy and sustainability enterprise resource planning software. EnergyCAP helps customers who are drowning in paper bills, manual processes, and cumbersome spreadsheets and enables them to execute, analyze and report on the energy and decarbonization projects needed to create a more sustainable world. EnergyCAP is based in Boalsburg, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Investment Metrics

Norwalk, Connecticut, United States

Investment Metrics is a provider of investment performance analytics and reporting solutions for institutional consultants, asset managers, and private wealth advisors. Built by institutional investment consultants for investment professionals, the company’s solutions include PARis (performance analytics and reporting), InvestWorks (manager search and due diligence), EQuest (manager data portal), peer universe data, outsourced reporting services and InterSec Research for market intelligence. The company's solutions enable investment professionals to analyze, measure, and report client portfolios in a highly insightful, accurate, and efficient manner. Investment Metrics was formed in 2010 and is based in Norwalk, Connecticut.

Sell $500M