Investment Summary

Spectrum Equity Invests In SavvyMoney

On January 1, 2022, private equity firm Spectrum Equity invested in financial services company SavvyMoney

Investment Highlights
  • This is Spectrum Equity’s 5th transaction in the Financial Services sector.
  • This is Spectrum Equity’s 85th transaction in the United States.
  • This is Spectrum Equity’s 19th transaction in California.

Investment Summary

Date 2022-01-01
Target SavvyMoney
Sector Financial Services
Investor(s) Spectrum Equity
Deal Type Growth Capital

Target

SavvyMoney

Dublin, California, United States
SavvyMoney is a provider of credit score solutions, extending its reach to over 1,460 banks, credit unions, and fintechs nationwide. The synergy of real-time data and advanced digital personalization and marketing tools defines SavvyMoney’s offerings, seamlessly integrating with more than 40 digital banking platforms. SavvyMoney was formed in 2009 and is headquartered in Dublin, California.

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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 96 of 103
Sector: Financial Services M&A 5 of 5
Type: Growth Capital M&A Deals 48 of 53
State: California M&A 19 of 20
Country: United States M&A 85 of 90
Year: 2022 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Quantile Group

London, United Kingdom

Quantile Group reduces risk in financial markets, delivering advanced strategies that rebalance and reduce counterparty risk between market participants, increasing the efficiency and liquidity of markets, improving returns for clients and making the financial system safer. Clients include the G15 top tier global banks, regional banks and other large institutional market participants. Quantile was founded in 2015 and is headquartered in London, with offices in New York.

Sell £274M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-24 RxVantage

El Segundo, California, United States

RxVantage is a digital platform connecting healthcare providers to educational resources and experts from life science companies. RxVantage’s mission is to ensure that every provider has the most relevant information and data on medications and medical technologies, in order to deliver the best care to every patient. More than 6,000 medical practices across the US utilize RxVantage to connect and engage with over 50,000 experts from life science companies. RxVantage was founded in 2007 and is based in El Segundo, California.

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