M&A Deal Summary |
|
|---|---|
| Date | 2001-09-06 |
| Target | The Learning Company |
| Sector | Software |
| Buyer(s) | Riverdeep Group |
| Sellers(s) |
The Gores Group
Crosslink Capital Centre Partners Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 60M USD |
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Riverdeep is a publisher of educational and productivity software for both children and adults. All the products are produced and distributed in CD-ROM format and sales are primarily in the US. It publishes one of the largest catalogues of digital education and productivity brands - many of which are leading titles in their categories.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Software) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2001) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Agnostic |
The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 66 |
| Sector (Software) | 2 of 7 |
| Type (Add-on Acquisition) | 3 of 30 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 5 of 52 |
| Year (2001) | 2 of 2 |
| Size (of disclosed) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-07-01 |
VeriFone Systems
San Jose, California, United States VeriFone Systems, Inc. is a provider of secure electronic payment technologies. VeriFone provides solutions, services, and expertise that enable electronic payments. The Company's products and services include mobile, countertop and self-service payment devices, software, and web-based gateways. VeriFone Systems, Inc. is headquartered in San Jose, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-11-21 |
Vicorp Group
Berkshire, United Kingdom Vicorp Group Ltd. is a global provider of communications convergence technologies for wireline, wireless and IP-based communications services providers and enterprise organizations around the world. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Crosslink Capital is a growth-oriented investment firm focused on technology companies. Crosslink's typically invests in early-stage companies, however, the Firm will consider opportunities at every stage, from seed to pre-IPO to PIPE offerings. Sectors of interest include communications/infrastructure services, core technology, semiconductors, internet, and software. Crosslink Capital is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 60 |
| Sector (Software) | 1 of 10 |
| Type (Add-on Acquisition) | 2 of 43 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 4 of 59 |
| Year (2001) | 1 of 2 |
| Size (of disclosed) | 14 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-05-08 |
BlueArc
San Jose, California, United States BlueArc Corp. is a provider of the performance and scalable enterprise-class network attached storage systems. BlueArc Corporation delivers the world's highest-performance and most scalable enterprise-class network attached storage (NAS) systems. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-11-20 |
Magma Design Automation
San Jose, Arkansas, United States Magma Design Automation, Inc. is a provider of TektonTM, a next-generation timing analysis platform that offers significantly higher capacity and dramatically faster runtimes than traditional tools, without sacrificing accuracy. Tekton is the first static timing analysis solution to deliver fast multi-scenario analysis on a single CPU. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 2.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Centre Partners is a private equity firm focused on investments in North American middle-market companies 'with strong growth prospects, predictable cash flows, and defensible competitive positions'. Prospective transactions include investments in privately owned companies, growth capital financings, management buyouts/buy-ins, divestitures, and take privates. The Firm's typical investment size is $10 to $50 million. Areas of interest include consumer products and services, cable/media, business services, energy, financial services, healthcare, industrial, and retail. Centre Partners was formed in 1986 and has offices in New York, New York and Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 31 |
| Sector (Software) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 11 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 3 of 30 |
| Year (2001) | 1 of 1 |
| Size (of disclosed) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-09-30 |
The Learning Company
Hiawatha, Iowa, United States The Learning Company (TLC) is an American educational software company, founded in 1980. It produced a grade-based system similar to Knowledge Adventure's JumpStart series. The products for preschoolers through second graders feature Reader Rabbit, and software for more advanced students features The ClueFinders. The company also purchased the Minnesota Educational Computing Consortium. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-04 |
Catlin Group
Hamilton, Bermuda Catlin Group Ltd. is a specialty insurance and reinsurance provider . Areas of expertise include Marine, Professional Indemnity, Aviation, Energy, and Industrial. Catlin's property catastrophe reinsurance and marine businesses are viewed as 'Best in Class' at Lloyd's. |
Buy | $532M |
