M&A Deal Summary

SageLink Capital Acquires Top Echelon

On July 25, 2019, private equity firm SageLink Capital acquired software company Top Echelon from Patriot Software

Acquisition Highlights
  • This is SageLink Capital’s 1st transaction in the Software sector.
  • This is SageLink Capital’s 1st transaction in the United States.
  • This is SageLink Capital’s 1st transaction in Ohio.

M&A Deal Summary
Date 2019-07-25
Target Top Echelon
Sector Software
Buyer(s) SageLink Capital
Sellers(s) Patriot Software
Deal Type Divestiture

Target

Top Echelon

Canton, Ohio, United States
Top Echelon is a provider of applicant tracking system (ATS), recruiting, and split placement network software. Top Echelon’s products include automation and workflow management of the talent acquisition process. Top Echelon was founded in 1988 and is based in Canton, Ohio.

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Buyer(S) 1

Buyer

SageLink Capital

Investor

Category Private Equity Firm
Founded 2018
Size Small
Type Sector Focused
DESCRIPTION

SageLink Capital is a private investment firm focused on acquiring and growing software and service based companies throughout the US. The Firm has a special interest in SaaS, tech-enabled services, and business services companies with recurring revenue, history of stable profits, and growing customer bases. SageLink will consider businesses with $5 to $50 million in revenue and looks to commit at least $5 million per transaction. SageLink Capital was formed in 2018 and is headquartered in Denver, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Patriot Software

Canton, Ohio, United States
Category Company
Sector Software
DESCRIPTION

Patriot Software LLC provides online accounting and payroll software for small businesses. After a rough start-up experience, Patriot knows first hand what small businesses need in order to break through and achieve success.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

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