M&A Deal Summary |
|
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Date | 2018-01-03 |
Target | Trintech |
Sector | Software |
Buyer(s) | Summit Partners |
Sellers(s) |
Spectrum Equity
Vista Equity Partners |
Deal Type | Recapitalization |
Advisor(s) | William Blair (Financial) |
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Category | Growth Capital Firm |
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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 | 313 of 386 |
Sector (Software) | 58 of 68 |
Type (Recapitalization) | 12 of 13 |
State (Texas) | 20 of 26 |
Country (United States) | 273 of 319 |
Year (2018) | 3 of 14 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-01 |
VeriShip
Kansas City, Missouri, United States VeriShip is a SaaS-based logistics spend management and payments platform used by corporate shippers. VeriShip helps shippers gain granular visibility into parcel spend, save money on contractual and erroneous charges, and consolidate and automate payments to carriers. VeriShip was founded in 2004 and is based in Kansas City, Missouri. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-10 |
Perforce
Minneapolis, Minnesota, United States Perforce is a provider of enterprise-scale software solutions to technology developers and development operations (“DevOps”) teams requiring productivity, visibility, and scale during all phases of the development lifecycle. Perforce was founded in 1995 and is headquartered in Minneapolis, Minnesota. |
Sell | - |
Category | Private Equity Firm |
---|---|
Founded | 1994 |
PE ASSETS | 8.2B USD |
Size | Mega |
Type | Sector Focused |
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 | 51 of 76 |
Sector (Software) | 7 of 12 |
Type (Recapitalization) | 1 of 2 |
State (Texas) | 1 of 3 |
Country (United States) | 46 of 67 |
Year (2018) | 1 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-12-17 |
Net Health
Pittsburgh, Pennsylvania, United States Net Health is a provider of software solutions for specialized outpatient care. Net Health offers EHR solutions serve five medical specialty markets and offer clients an end-to-end solution that includes practice management tools, clinical workflow documentation, revenue cycle management, expert coaching, and analytics. Net Health was established in 1993 and is based in Pittsburgh, Pennsylvania. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-16 |
Expert Institute
New York, New York, United States Expert Institute is a technology-driven platform for connecting qualified experts in every field with lawyers looking for technical expertise, consultative support, expert witness testimony, and case-specific guidance. The Company combines a vast database of pre-screened experts with a talented case management team capable of custom recruiting experts to fit the specific needs of our clients. Expert Institute was founded in 2010 and is based in New York City. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 2000 |
PE ASSETS | 100.0B USD |
Size | Mega |
Type | Sector Focused |
Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.
DEAL STATS | # |
---|---|
Overall | 33 of 70 |
Sector (Software) | 14 of 28 |
Type (Recapitalization) | 2 of 3 |
State (Texas) | 6 of 13 |
Country (United States) | 30 of 65 |
Year (2018) | 1 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-01 |
Tribute Technology
Middleton, Wisconsin, United States Tribute Technology provides website design and development, online obituary applications, case management software, extensive funeral payment technology including credit card processing, ACH payments, crowdfunding, financing, and life insurance assignments, floral eCommerce solutions, digital marketing services, and personalization software for keepsakes, funeral stationery, and video. Tribute Technology is based in Middleton, Wisconsin. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-01-23 |
Main Street Hub
Austin, Texas, United States Main Street Hub, Inc.is a full‐service marketing platform that integrates social media, customer reviews,mobile and email marketing to help local businesses get more customers and keep them coming back while saving them valuable time. Main Street Hub, Inc. was established in 2010 and is based in Austin, Texas. |
Sell | $175M |