M&A Deal Summary |
|
|---|---|
| Date | 2019-10-03 |
| Target | TEG |
| Sector | Internet Software and Services |
| Buyer(s) |
Silver Lake
Mercury Capital |
| Sellers(s) | Affinity Equity Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Goldman Sachs (Financial) King & Wood Mallesons (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 104.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Silver Lake is a mega-sized private equity firm focused on a broad range of growth investments in and acquisitions of technology companies. Silver Lake is subdivided into several investing groups including Silver Lake Partners, Silver Lake Sumeru, Silver Lake Waterman, Silver Lake Alpine, and Silver Lake Kraftwerk. Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. Silver Lake Sumeru invests in middle market technology companies with established business models and attractive growth prospects where there is an opportunity to create value through operational transformation. Silver Lake Waterman provides growth capital to later-stage companies in the technology and technology-enabled industries, offering flexible solutions to finance expansion and acquisitions. Silver Lake Alpine is Silver Lake's debt and credit investing arm. Silver Lake Kraftwerk provides growth capital to technology and tech-enabled businesses driving efficiency across the operations, energy, and resources industries. Silver Lake Partners was formed in 1999 is headquartered in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 103 of 136 |
| Sector: Internet Software and Services M&A | 14 of 21 |
| Type: Secondary Buyout M&A Deals | 16 of 20 |
| Country: Australia M&A | 1 of 2 |
| Year: 2019 M&A | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-29 |
con-pearl
thuringen, Germany con-pearl is a recycled plastics processing company that produces high-quality, environmentally-friendly products and components for the automotive and packaging industries. con-pearl is based in thuringen, Germany. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-25 |
First Advantage
Atlanta, Georgia, United States First Advantage is a provider of a comprehensive background screening, identity and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. First Advantage was founded in 2003 and is based in Atlanta, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 1.0B AUD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Mercury Capital is a private equity group focused on investing in established private businesses operating in Australia and New Zealand. Mercury looks to acquire controlling positions for a variety of situations, including succession plannings, expansion financings, recapitalizations, as well as partnering with existing management or owners to help drive growth. Mercury raised it's debut fund in 2010.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 20 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| Country: Australia M&A | 6 of 17 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-20 |
Squiz
Sydney, Australia Squiz is an enterprise software business with operations in Australia, New Zealand, United States, United Kingdom and Poland. Squiz offers its core Digital Experience Platform and Enterprise Search products and related services to more than 500 customers across a wide range of sectors and is a provider in the specialist niches of Government and Higher Education. Squiz was founded in 1998 and is based in Sydney, New South Wales. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-30 |
Nexus Day Hospitals
Saint Leonards, Australia Nexus Day Hospitals is an aggregation of Australian day hospitals performing ophthalmology, endoscopy, plastic surgery, ENT, orthopaedics, general surgery, dental surgery and other procedures. Nexus Day Hospitals was established in 2013 and is based in Saint Leonards, New South Wales. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Affinity Equity Partners is an independent private equity firm focused on traditional buyout and control oriented investments across Asia-Pacific valued up to US$1 billion. Sectors of interest include businesses in consumer-related goods and services, value-added manufacturing, healthcare, financial services and business services. Affinity prefers companies with an established track record as well as proven, consistent earning power and cash flow generating ability. Affinity will not consider investments in real estate, biotechnology, tobacco, oil and gas exploration, and weaponry development and sales. Affinity Equity Partners was spun out of UBS Capital Asia Pacific in 2004 and is headquartered in Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 24 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 2 of 3 |
| Country: Australia M&A | 2 of 2 |
| Year: 2019 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-01 |
Beijing Sunlon Livestock
Beijing, China Beijing Sunlon Livestock is an operator of a dairy farming company that focuses on processing frozen beef and chicken and provides dairy cattle breeding and animal husbandry service. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-15 |
UTAC
Singapore, Singapore UTAC is a provider of test and assembly services for a wide range of semiconductor devices that includes memory, mixed signal/RF and logic integrated circuits. UTAC was formed in 1997 and is based in Singapore. |
Sell | - |
