Investment Summary

TCV Invests In SiteCore

On December 5, 2011, private equity firm TCV invested in internet software and services company SiteCore

Investment Highlights
  • This is TCV’s 10th transaction in the Internet Software and Services sector.
  • This is TCV’s 47th transaction in the United States.
  • This is TCV’s 15th transaction in California.
Investment Fate
  • SiteCore was sold to a consortium of financial buyers in 2016 for 1.0B EUR.

Investment Summary

Date 2011-12-05
Target SiteCore
Sector Internet Software and Services
Investor(s) TCV
Deal Type Growth Capital
Advisor(s) Cascadia Capital (Financial)

Target

SiteCore

San Francisco, California, United States
SiteCore is a provider of Web Content Management and Online Engagement. The Company has continuously innovated its product offering and has expanded from pure web content management software to customer experience management software. Sitecore is providing a compelling product offering at the core of the broader digital marketing software market which is expected to experience continued attractive growth. SiteCore was founded in 1999 and is based in San Francisco, California.

Search 214,876 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

TCV

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 21.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Technology Crossover Ventures (TCV) is a private equity and venture capital firm focused on investments in growth technology companies. TCV looks to provide capital for growth, recapitalizations, acquisitions, and buyouts of technology companies in sectors such as internet, financial technology, infrastructure & communications, and software. TCV targets opportunities in North America and looks to commit between $10 and $500 million of equity capital per transaction. TCV was formed in 1995 and is based in Palo Alto, New York City, and London.


DEAL STATS #
Overall 54 of 85
Sector: Internet Software and Services M&A 10 of 26
Type: Growth Capital M&A Deals 10 of 23
State: California M&A 15 of 20
Country: United States M&A 47 of 70
Year: 2011 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-17 Rapid7

Boston, Massachusetts, United States

Rapid7 is a provider of security data and analytics software solutions that enable organizations to implement an active, analytics-driven approach to cyber security. Rapid7 was founded in 2000 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-06 SolArc

Houston, Texas, United States

SolArc, Inc. is a provider of software solutions for the trading, risk management, asset utilization and supply chain management needs of energy market participants across multiple commodities.

Sell -