M&A Deal Summary

ST Telemedia Acquires 2nd Watch

On October 12, 2019, ST Telemedia acquired software company 2nd Watch from Columbia Capital

Acquisition Highlights
  • This is ST Telemedia’s 1st transaction in the Software sector.
  • This is ST Telemedia’s 1st transaction in the United States.
  • This is ST Telemedia’s 1st transaction in Washington.

M&A Deal Summary
Date 2019-10-12
Target 2nd Watch
Sector Software
Buyer(s) ST Telemedia
Sellers(s) Columbia Capital
Deal Type Add-on Acquisition

Target

2nd Watch

Seattle, Washington, United States
2nd Watch is a global system integrator, software, and deployment firm focused on IT operations. 2nd Watch offers a unique combination of software, services, and analytics to make leveraging the cloud simple. 2nd Watch was founded in 2010 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

ST Telemedia

Singapore, Singapore
Category Company
Founded 1994
Sector Business Services
DESCRIPTION

ST Telemedia is an active investor specialising in Communications & Media, Data Centres, and Infrastructure Technology sectors across Asia-Pacific, the US and Europe. ST Telemedia adopts a ‘synergy by design’ approach to investing to create a robust ecosystem of complementary businesses that drives value, innovation and growth.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Columbia Capital

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1989
PE ASSETS 5.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Columbia Capital is a growth capital firm focused on the IT sector. The Firm looks to commit $15 to $40 million to growth stage North American and Western European companies operating in the enterprise IT, internet infrastructure, and mobile communications sectors. Columbia Capital was established in 1989 and is headquartered in Alexandria, Virginia.

DEAL STATS #
Overall 4 of 5
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Washington) 1 of 1
Country (United States) 3 of 3
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-24 Altamira

McLean, Virginia, United States

Altamira Corp. is a big data, cloud, and analytics firm serving the national security community. Altamira is a prominent developer of advanced technologies and system integration with a full spectrum of capabilities spanning the technology continuum. Altamira Corp. was founded in 1999 and is based in Mclean, Virginia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-18 BillingPlatform

Denver, Colorado, United States

BillingPlatform is a highly sophisticated and dynamic billing solution, that drives success for the modern enterprise. BillingPlatform's agile billing software solution gives innovative enterprises the freedom to effectively monetize and deliver creative products and services resulting in growth and competitive differentiation. BillingPlatform was founded in 2012 and is based in Denver, Colorado.

Buy -
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