Investment Summary

Sverica and Five Points Capital Invest In Hirebotics

On March 29, 2023, growth capital firm Sverica and private equity firm Five Points Capital invested in software company Hirebotics

Investment Highlights
  • This is Sverica’s 4th and Five Points Capital’s 3rd transaction in the Software sector.
  • This is Sverica’s 35th and Five Points Capital’s 88th transaction in the United States.
  • This is Sverica’s 1st and Five Points Capital’s 2nd transaction in Tennessee.

Investment Summary

Date 2023-03-29
Target Hirebotics
Sector Software
Investor(s) Sverica
Five Points Capital
Deal Type Growth Capital

Target

Hirebotics

Nashville, Tennessee, United States
Hirebotics is a cobot technology developer that designs and develops tools to improve the productivity, usability and affordability of collaborative robot systems. Hirebotics was founded in 2015 and is based in Nashville, Tennessee.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor

Sverica

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2001
PE ASSETS 1.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Sverica Capital Management is a private equity firm that invests in stable or growing, smaller companies with valued less than $150 million. Sverica looks to commit $15 to $50 million per transaction and primarily targets buyout or divestiture situations and avoids businesses in need of restructuring. Broad areas of interest include IT, business services, healthcare, light manufacturing, and industrials. The Firm generally seeks majority control investments, but will also selectively consider minority situations. Sverica Capital Management was formed in 2001 and has offices in Boston and San Francisco.


DEAL STATS #
Overall 39 of 43
Sector (Software) 4 of 4
Type (Growth Capital) 14 of 18
State (Tennessee) 1 of 1
Country (United States) 35 of 39
Year (2023) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-20 iWave Information Systems

Charlottetown, Prince Edward Island, Canada

iWave Information Systems is a provider of access to data and proprietary analytics to help prospect researchers, fundraisers, and other development professionals determine which donor prospects to ask, how much to ask for, and when to ask. iWave Information Systems was founded in 1991 and is based in Charlottetown, Prince Edward Island.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-09 Center Rock

Berlin, Pennsylvania, United States

Center Rock is an integrated drilling solutions company that manufactures a complete line of pneumatically-driven downhole drilling products (bits & hammers), distributes capital equipment in the form of high-pressure air and booster compressors that power its manufactured drilling components, and offers 24/7 support services. Center Rock was founded in 1998 and is based in Berlin, Pennsylvania.

Sell -
Investor

Five Points Capital

Winston-Salem, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Five Points Capital makes both direct private equity and junior capital investments in US-based middle-market companies. Five Points prefers control based investments and will consider opportunities in a variety of industries. For both equity and mezzanine investments, the Firm looks to commit $5 to $25 million of capital in businesses with at least $10 million in sales and $3 million of EBITDA. Five Points Capital was formerly known as BB&T Capital Partners and re-branded in 2015. The Firm was established in 1997 and is based in Winston-Salem, North Carolina.


DEAL STATS #
Overall 88 of 89
Sector (Software) 3 of 3
Type (Growth Capital) 17 of 18
State (Tennessee) 2 of 2
Country (United States) 88 of 89
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-16 JML Optical

Rochester, New York, United States

JML Optical is a precision-engineered custom optical solution provider that offers optical and optomechanical design, rapid prototype, glass and metal fabrication, thin-film coating, metrology, environmental testing, and full assembly for a one-stop solution. JML Optical was formed in 1972 and is based in Rochester, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-31 Thompson Industrial Services

Sumter, South Carolina, United States

Thompson Industrial Services is a provider of comprehensive industrial cleaning services to a wide array of industrial market segments including pulp and paper, utilities, petrochemical and refining, steel, nuclear, rubber and tire, food processing, chemical, automotive, paint, and resin. Thompson was formed in 1986 and is based in Sumter, South Carolina.

Sell -