Investment Summary

TA Associates and Berkshire Partners Invest In PDQ.com

On August 24, 2021, private equity firms TA Associates and Berkshire Partners invested in software company PDQ.com

Investment Highlights
  • This is TA Associates’ 73rd and Berkshire Partners’ 3rd transaction in the Software sector.
  • This is TA Associates’ 243rd and Berkshire Partners’ 83rd transaction in the United States.
  • This is TA Associates’ 6th and Berkshire Partners’ 1st transaction in Utah.

Investment Summary

Date 2021-08-24
Target PDQ.com
Sector Software
Investor(s) TA Associates
Berkshire Partners
Deal Type Growth Capital
Advisor(s) Horizon Partners (Financial)
Perkins Coie (Legal)

Target

PDQ.com

Salt Lake City, Utah, United States
PDQ.com is a provider of IT asset management software for small and medium-sized businesses. The company’s primary products are PDQ Deploy, automated patch management, software update, and endpoint communications application; and PDQ Inventory, an endpoint information collection and reporting application for software, hardware, and Windows configuration data. PDQ.com was founded in 2001 and is based in Salt Lake City, Utah.

Search 200,500 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

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 329 of 364
Sector (Software) 73 of 86
Type (Growth Capital) 121 of 133
State (Utah) 6 of 6
Country (United States) 243 of 263
Year (2021) 16 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-27 Elos Medtech

Gothenburg, Sweden

Elos Medtech is a major development and production partner for medical devices. Elos Medtech offers innovative comprehensive solutions, from concept to finished project, through its Complete Performance™ concept. Elos Medtech is active in the dental, orthopedics, and life science market segments. Elos Medtech was founded in 1923 and is based in Gothenburg, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 Mediaocean

New York, New York, United States

Mediaocean is a mission-critical platform for omnichannel advertising connecting brands, agencies, media, technology, and data. Using AI and machine learning technology to control marketing investments and optimize business outcomes, Mediaocean powers campaigns from planning, buying, and selling to analysis, invoices, and payments. Mediaocean was founded in 1967 and is based in New York City.

Buy -
Investor

Berkshire Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 16.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Berkshire Partners is a private equity firm focused on investing in businesses with strong management and that lead their respective markets. Berkshire will consider investments in both public and private companies. Prospective transactions for private companies include leveraged buyouts, recapitalizations, growth capital financings, and privatizations. Public company transactions include take-privates, PIPEs, and equity stakes. Berkshire generally looks to invest $150 to $500 million of equity capital per transaction in companies valued up to $2 billion. Sectors of interest include industrial manufacturing, consumer products, retailing, transportation, communications and business services. Berkshire Partners was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 94 of 100
Sector (Software) 3 of 3
Type (Growth Capital) 19 of 23
State (Utah) 1 of 1
Country (United States) 83 of 88
Year (2021) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-03 3Phase Elevator

Canton, Massachusetts, United States

3Phase Elevator is an independent provider of elevator maintenance, repair, and modernization services. 3Phase Elevator was founded in 1996 and is based in Canton, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-25 Masergy

Plano, Texas, United States

Masergy is a provider of managed security and cloud communication solutions to global enterprises in more than 40 countries. It specializes in delivering real-time high-quality transport of enterprise applications, including voice, data, and video, through a single network connection. Masergy was founded in 2000 and is based in Plano, Texas.

Sell -