Investment Summary

Spectrum Equity Invests In OurFamilyWizard

On April 30, 2020, private equity firm Spectrum Equity invested in internet software and services company OurFamilyWizard

Investment Highlights
  • This is Spectrum Equity’s 31st transaction in the Internet Software and Services sector.
  • This is Spectrum Equity’s 76th transaction in the United States.
  • This is Spectrum Equity’s 1st transaction in Minnesota.

Investment Summary

Date 2020-04-30
Target OurFamilyWizard
Sector Internet Software and Services
Investor(s) Spectrum Equity
Deal Type Growth Capital

Target

OurFamilyWizard

Minneapolis, Minnesota, United States
OurFamilyWizard is a provider of shared parenting applications. The platform allows parents to communicate, share calendars and journals, track expenses, and transmit payments. OurFamilyWizard was founded in 2001 and is based in Minneapolis, Minnesota.

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Investor(S) 1

Investor

Spectrum Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 8.2B USD
Size Mega
Type Sector Focused
DESCRIPTION

Spectrum Equity Management L.P. is a private equity investor focused on service businesses. Spectrum specifically targets established businesses in the media, communications, IT, information, and business services industries. The Firm looks to commit $25 to $150 million of equity capital per transaction and focuses on opportunities throughout North America and Western Europe. Prospective transaction situations include leveraged buyouts, recapitalizations, acquisition financings, and secondary purchases. Spectrum Equity Investors was formed in 1994 and has offices in Boston, Massachusetts and Menlo Park, California.


DEAL STATS #
Overall 86 of 102
Sector (Internet Software and Services) 31 of 37
Type (Growth Capital) 41 of 52
State (Minnesota) 1 of 1
Country (United States) 76 of 89
Year (2020) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-16 Lucid Software

South Jordan, Utah, United States

Lucid Software is a developer of visual collaboration suite that enables teams to see and build the future with virtual whiteboarding, intelligent diagramming, and cloud visualization. Lucid Software was founded in 2010 and is based in South Jordan, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-01 DispatchTrack

San Jose, California, United States

DispatchTrack is a provider of SaaS solutions that enable end-to-end optimization of operations and customer experiences in last-mile delivery. The company's platform includes modular tools for self-scheduling, dynamic route optimization, real-time tracking, proof of delivery, billing, and settlement, and delivery network performance analysis. Serving customers around the world, DispatchTrack helps businesses of all sizes, from mid-sized operations to multi-billion-dollar enterprises. DispatchTrack is used across a wide range of industries, including furniture, appliances, building supplies, food and beverage, and field and home services. DispatchTrack was formed in 2010 and is based in San Jose, California.

Buy -