Investment Summary

SDC Capital Partners and Lumerity Capital Invest In Effectual

On January 1, 2020, private equity firm SDC Capital Partners and growth capital firm Lumerity Capital invested in information technology company Effectual

Investment Highlights
  • This is SDC Capital Partners’ 1st and Lumerity Capital’s 2nd transaction in the Information Technology sector.
  • This is SDC Capital Partners’ 4th and Lumerity Capital’s 2nd transaction in the United States.
  • This is SDC Capital Partners’ 1st and Lumerity Capital’s 1st transaction in New Jersey.

Investment Summary

Date 2020-01-01
Target Effectual
Sector Information Technology
Investor(s) SDC Capital Partners
Lumerity Capital
Deal Type Growth Capital

Target

Effectual

Jersey City, New Jersey, United States
Effectual is a managed and professional services company working with commercial enterprises and the public sector to enable digital transformation and full-stack IT modernization. Effectual was founded in 2018 and is based in Jersey City, New Jersey.

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Investor(S) 2

Investor
DESCRIPTION

SDC Capital Partners is an operationally oriented private investment firm focused on the IT and communications sectors. Specific areas of interest include data centers, fiber/networks, wireless infrastructure, and managed IT/cloud services. The Firm looks to commit $50 to $500 million per transaction and generally pursues platform businesses where it can pursue growth opportunities. SDC Capital Partners was established in 2017 and is headquartered in New York City.


DEAL STATS #
Overall 5 of 9
Sector: Information Technology M&A 1 of 1
Type: Growth Capital M&A Deals 4 of 4
State: New Jersey M&A 1 of 1
Country: United States M&A 4 of 8
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-09 Tilson

Portland, Maine, United States

Tilson provides network deployment and professional services to telecom, construction, utility, and government clients. Tilson builds high-performing technology project teams who take on the largest and most impactful information infrastructure projects in the country. Tilson founded in 1996 and is based in Portland, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-28 Fatbeam

Coeur d’Alene, Idaho, United States

Fatbeam is a provider of reliable fiber-based network solutions to enterprise, healthcare, government, and education customers looking to accelerate their growth in the Western US. Fatbeam’s extensive network footprint spans over 45,000 fiber miles, primarily in population-dense metropolitan areas within Arizona, Idaho, Montana, Nevada, Oregon, Washington, and Wyoming. Fatbeam was founded in 2010 and is based in Coeur d’Alene, Idaho.

Buy -
DESCRIPTION

Lumerity Capital is a private equity firm specializing in strategic investments in cloud and data infrastructure businesses across North America. The Firm leverages industry expertise and founder-led insights to identify and support high-growth opportunities. Lumerity collaborates closely with portfolio companies to build long-term value through operational guidance and network-driven growth. Lumerity Capital was formed in 2014 and is headquartered in Sunny?Isles?Beach, Florida.


DEAL STATS #
Overall 2 of 5
Sector: Information Technology M&A 2 of 3
Type: Growth Capital M&A Deals 2 of 4
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 5
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-06 Datavail

Broomfield, Colorado, United States

Datavail is a provider of remote database administration (DBA) services in North America. Datavail offers 24/7 managed database services, database design, architecture, and staffing. The company specializes in Oracle, Oracle E-Business Suite, Microsoft SQL Server, MySQL, MongoDB, DB2 and SharePoint, and provides flexible onsite, offsite, and offshore delivery options to meet each customer's unique business needs. Datavail was founded in 2007 and is based in Broomfield, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-06 365 Data Centers

Norwalk, Connecticut, United States

365 Data Centers is a provider of hybrid data center solutions in 12 strategic, primarily edge, markets. With Data Centers in Boca Raton, Bridgewater (New Jersey), Buffalo, Chicago, Commack (Long Island), Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York City, and Tampa, the Company operates facilities aggregating 230,000 square feet and 22 MW of power, along with an interconnected, resilient, low latency, nationwide fiber network. 365 Data Centers was founded in 2002 and is based in Norwalk, Connecticut.

Buy -