M&A Deal Summary

Shore Points Capital Acquires Newport Systems

On August 1, 2020, private equity firm Shore Points Capital acquired software company Newport Systems

Acquisition Highlights
  • This is Shore Points Capital’s 2nd transaction in the Software sector.
  • This is Shore Points Capital’s 5th transaction in the United States.
  • This is Shore Points Capital’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-08-01
Target Newport Systems
Sector Software
Buyer(s) Shore Points Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Newport Systems

Wall, New Jersey, United States
Newport Systems provides a comprehensive suite of software, mobile technologies, and system integrations to the dynamic intermodal industry. Newport’s solution technologies have expanded to include port and rail terminals, equipment depots and the vendors that support the land side supply chain. Newport Systems was founded in 1996 and is based in Wall, New Jersey.

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Buyer(S) 1

Buyer

Shore Points Capital

New York, New York, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

Shore Points Capital is a private equity firm focused on investing in growth-oriented businesses needing additional capital to reach the 'next level' of expansion and profitability. Shore Points generally looks to invest in closely held, entrepreneurial owned or family businesses operating in 'low-profile' industries where existing management might be willing to invest and share financial risk. Prospective companies typically have $2 to $7 million of EBITDA with enterprise values up to $50 million. Sectors of interest include business services, consumer products/services, distribution, electronics, energy services, financial services, food/restaurants, manufacturing, media/communications, and software/IT. Shore Points Capital was formed in 2006 and is based in New York, New York.


DEAL STATS #
Overall 5 of 5
Sector: Software M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 3
State: New Jersey M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-16 GenAlpha Technologies

Brookfield, Wisconsin, United States

GenAlpha Technologies provides a comprehensive suite of software and services with a complete aftermarket solution for original equipment manufacturers. The Company’s GenSuite software provides its customers with a unique platform including eCommerce, data conversion, eCatalogs with 2D and 3D interactive technology and data analytics. GenAlpha Technologies was founded in 2011 and is based in Brookfield, Wisconsin.

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