M&A Deal Summary |
|
|---|---|
| Date | 2011-09-20 |
| Target | CareCentrix |
| Sector | Healthcare Services |
| Buyer(s) |
Summit Partners
HarbourVest Partners |
| Sellers(s) | Water Street Healthcare Partners |
| Deal Type | Recapitalization |
SEARCH BY
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 225 of 396 |
| Sector: Healthcare Services M&A | 21 of 41 |
| Type: Recapitalization M&A Deals | 8 of 13 |
| State: Connecticut M&A | 1 of 2 |
| Country: United States M&A | 205 of 325 |
| Year: 2011 M&A | 13 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-20 |
PeerApp
Newton Upper Falls, Massachusetts, United States PeerApp Ltd. delivers award-winning open content caching solutions, including content localization and caching, live streaming delivery, application and data acceleration, smart traffic management, QoE enhancement and congestion relief across all networks. Local content delivery solutions help operators generate new revenue opportunities. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-11-09 |
Solid State Equipment
Horsham, Pennsylvania, United States Solid State Equipment designs and manufactures capital equipment for semiconductor companies. The company provides outstanding products and services for the integrated circuit industry that can be configured to a specific customer’s needs, while leveraging standard platforms and proprietary technology to drive efficiencies. Solid State Equipment provides sales and technical support through its global network of direct and independent representatives. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 103 of 214 |
| Sector: Healthcare Services M&A | 5 of 13 |
| Type: Recapitalization M&A Deals | 5 of 11 |
| State: Connecticut M&A | 2 of 5 |
| Country: United States M&A | 63 of 130 |
| Year: 2011 M&A | 13 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-08-30 |
Beziers
London, United Kingdom Beziers is a provider of Integrated marketing services including consulting, design, printing and production, logistics fulfillment and ecommerce. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-21 |
Skylark
Musashino, Japan Skylark is a family restaurant operator in Japan, with some 4,400 outlets. Skylark's restaurant brands are highly recognized throughout Japan although relatively unknown overseas. Skylark was founded in 1962 and is based in Musashino, Japan. |
Buy | $2.1B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Focused |
Water Street is a specialist private equity firm that targets investments in healthcare companies. Specific areas of interest within healthcare include diagnostic devices, medical products, pharmaceutical services, specialty distribution, specialty pharmaceuticals, and specialty services. Water Street targets non-core units of larger corporations and private middle-market companies. Transactions are typically valued between $50 and $500 million. Water Street does not invest in biotechnology, traditional healthcare facilities (hospitals, nursing homes) or early-stage companies without positive cash flow. Water Street was formed in 2005 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 31 |
| Sector: Healthcare Services M&A | 1 of 8 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: Connecticut M&A | 1 of 1 |
| Country: United States M&A | 9 of 30 |
| Year: 2011 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-27 |
MarketLab
Caledonia, Michigan, United States Marketlab is a manufacturer of specialty healthcare products for medical-surgical and laboratory segments. With a commitment to innovation and quality, Marketlab has been serving Integrated Delivery Network (IDN) customers for over 25 years with clinically preferred medical-surgical and laboratory brands. Marketlab is based in Caledonia, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-01 |
Physiotherapy Associates
Exton, Pennsylvania, United States Physiotherapy Associates, Inc. is a provider of outpatient physical rehabilitation care offering a wide range of services, including general orthopedics, spinal care and neurological rehabilitation, as well as orthotics and prosthetics services. |
Sell | - |
