Investment Summary

Rotunda Capital Partners Invests In StreetShares

On January 24, 2018, private equity firm Rotunda Capital Partners invested in internet software and services company StreetShares

Investment Highlights
  • This is Rotunda Capital Partners’ 2nd transaction in the Internet Software and Services sector.
  • This is Rotunda Capital Partners’ 10th transaction in the United States.
  • This is Rotunda Capital Partners’ 1st transaction in Virginia.
Investment Fate
  • StreetShares was sold to a publicly-traded strategic buyer in 2022.

Investment Summary

Date 2018-01-24
Target StreetShares
Sector Internet Software and Services
Investor(s) Rotunda Capital Partners
Deal Type Venture
Advisor(s) Cooley (Legal)

Target

StreetShares

Reston, Virginia, United States
StreetShares is a small business banking software-as-a-service (SaaS) technology company that powers community banks, credit unions, and non-financial organizations. Its Atlas Platform offers a full suite of digital, white-labeled, small business banking products to their customers. StreetShares was founded in 2014 and is based in Resotn, Virginia.

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Investor(S) 1

Investor

Rotunda Capital Partners

Bethesda, Maryland, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 600M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Rotunda Capital Partners is a private equity firm which invests equity and debt capital in established and profitable lower middle market companies. The Company targets businesses valued between $50 and $200 million with defensible market positions and strong growth prospects. Sectors of interest include financial services, business services, manufacturing, government services, insurance services, logistics and distribution, retail, and consumer. Rotunda Capital Partners is based in Bethesda, Maryland with an additional office in Chicago.


DEAL STATS #
Overall 10 of 26
Sector: Internet Software and Services M&A 2 of 2
Type: Venture M&A Deals 1 of 1
State: Virginia M&A 1 of 2
Country: United States M&A 10 of 26
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-02 Primary Integration

Charlotte, North Carolina, United States

Primary Integration LLC is a provider of data center building commissioning and operational risk management services in the United States. PI provides a full suite of services, spanning the entire data center lifecycle, from pre-commissioning through facility operation. Present in six locations in the U.S. as well as in Europe, PI serves e-commerce and high-tech world leaders.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-01 MacQueen Equipment

St. Paul, Minnesota, United States

MacQueen Equipment sells Elgin street sweepers, Vactor trucks, Oshkosh snow removal equipment, and Heil refuses trucks to municipalities and commercial customers, including utilities and contractors throughout Minnesota, Iowa, Nebraska, and Wisconsin. In addition, MacQueen sells Pierce fire apparatus throughout Minnesota, North Dakota, South Dakota, Nebraska, and Missouri. MacQueen is one of the few national dealers to provide a full suite of services, including maintenance, parts, and supplies used equipment sales and a robust rental fleet. MacQueen Equipment was founded in 1961 and is based in St. Paul, Minnesota.

Buy -