M&A Deal Summary

Signpost Acquires Securus Contact Systems

On September 14, 2021, Signpost acquired internet software and services company Securus Contact Systems from PennSpring Capital

Acquisition Highlights
  • This is Signpost’s 1st transaction in the Internet Software and Services sector.
  • This is Signpost’s 1st transaction in the United States.
  • This is Signpost’s 1st transaction in Oregon.

M&A Deal Summary
Date 2021-09-14
Target Securus Contact Systems
Sector Internet Software and Services
Buyer(s) Signpost
Sellers(s) PennSpring Capital
Deal Type Add-on Acquisition

Target

Securus Contact Systems

Happy Valley, Oregon, United States
Securus Contact Systems is a proprietary software platform to provide elite virtual receptionist and call center services to customers nationwide. Securus Contact Systems was founded in 2012 and is based in Happy Valley, Oregon.

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Buyer(S) 1

Buyer

Signpost

New York, New York, United States
Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

Signpost is a provider of marketing and communications software solutions for home services. Signpost helps businesses enhance and expand their market reach – providing online presence and reputation management tools to capture, qualify, and follow up with inbound inquiries. Signpost was founded in 2010 and is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

PennSpring Capital

Investor

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

PennSpring Capital is a private investment firm focused on acquiring profitable, lower middle-market companies with up to $5 million of EBITDA. The Firm will consider both established as well as emerging/growth companies, and generally prefers opportunities throughout the East region of the US. Areas of interest include business services, sports, media/technology, healthcare, and education services. PennSpring Capital was formed in 2018 and is headquartered in Lancaster, Pennsylvania.

DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Oregon) 1 of 1
Country (United States) 2 of 3
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-24 Environmental Remediation and Financials Services

Sea Girt, New Jersey, United States

Environmental Remediation and Financials Services develops in-situ (subsurface) soil and groundwater remediation technologies, and is recognized for industry-first innovations and financial strategies. Since pioneering the first Pay-for-Performance (PfP) contracting programs for remediation, ERFS has successfully completed hundreds of remediation projects across America and Japan for government agencies, public corporations, and heavy industry. Environmental Remediation and Financials Services was formed in 1998 and is based in Sea Girt, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Mobiniti

Wilkes-Barre, Pennsylvania, United States

Mobiniti is a text marketing platform that helps customers expand their sales through mobile marketing and SMS alert efforts through a market-leading software platform. Mobiniti provides text marketing services to more than 1,000 organizations across numerous industries. Mobiniti was founded in 2014 and is based in Wilkes-Barre, Pennsylvania.

Buy -
Mergr

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