M&A Deal Summary |
|
---|---|
Date | 2020-09-18 |
Target | CradlePoint |
Sector | Internet Software and Services |
Buyer(s) | Ericsson |
Sellers(s) |
Mercato Partners
Sorenson Capital |
Deal Type | Add-on Acquisition |
Deal Value | 1.1B USD |
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Category | Company |
---|---|
Founded | 1876 |
Sector | Technology Hardware |
Employees | 97,985 |
Revenue | 263.4B SEK (2023) |
Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates through four segments Networks, Global Services, Support Solutions, and Modems. Ericsson was formed in 1876 and is based in Stockholm, Sweden.
DEAL STATS | # |
---|---|
Overall | 27 of 29 |
Sector (Internet Software and Services) | 6 of 6 |
Type (Add-on Acquisition) | 22 of 23 |
State (Idaho) | 1 of 1 |
Country (United States) | 14 of 16 |
Year (2020) | 2 of 2 |
Size (of disclosed) | 4 of 8 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-03-12 |
Genaker
Barcelona, Spain Genaker is an independent company dedicated to developing innovative mobile solutions. Genaker is a recognized brand in the Mission Critical PTT, Business Critical PTT, and LTE sector, based on two business units. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-11-22 |
Vonage
Holmdel, New Jersey, United States Vonage is a provider of communications services connecting individuals through cloud-connected devices worldwide. Vonage's technology serves approximately 2.3 million subscribers. Vonage was formed in 2000 and is based in Holmdel, New Jersey. |
Buy | $6.2B |
Category | Growth Capital Firm |
---|---|
Founded | 2007 |
Size | Small |
Type | Sector Agnostic |
Mercato Partners is a private equity firm focused on later stage growth capital financings. Mercato generally targets minority investments in high growth technology and consumer businesses with $5 to $50 million in annual sales. The Firm looks for profitable, US-based companies where additional capital can help continue expansion opportunities. Mercato Partners is based in Salt Lake City, Utah.
DEAL STATS | # |
---|---|
Overall | 10 of 12 |
Sector (Internet Software and Services) | 2 of 2 |
Type (Add-on Acquisition) | 6 of 7 |
State (Idaho) | 1 of 1 |
Country (United States) | 9 of 11 |
Year (2020) | 2 of 4 |
Size (of disclosed) | 2 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-06-02 |
Central Logic
Sandy, Utah, United States Central Logic's flexible, purpose-built solution provides superior real-time visibility and unmatched business intelligence to optimize the operations of health system Access Centers. Clients count on Central Logic to deliver strong growth, find new ways to improve patient outcomes, and make their operations more effective, today and into the future. Central Logic was formed in 2005 and is based in Sandy, Utah. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-09-29 |
SaltStack
Lehi, Utah, United States SaltStack intelligent IT automation software is used to help the largest businesses in the world manage and secure their digital infrastructure. Recognized for its powerful event-driven approach to hybrid cloud infrastructure configuration and control, SaltStack software delivers continuous compliance and vulnerability remediation while providing collaborative solutions for IT and SecOps teams. |
Sell | - |
Category | Private Equity Firm |
---|---|
Founded | 2003 |
PE ASSETS | 1.0B USD |
Size | Large |
Type | Sector Agnostic |
Sorenson Capital is a private equity firm that seeks to support buyout and growth capital financings of lower middle-market companies. Sorenson invests across a broad range of industries and generally pursues companies with significant market share, high barriers to entry, fragmented industry competition, motivated managment, and sustainable pricing and profit margins. Target businesses typically have sales of $30 to $300 million with earnings of $3 to $25 million. Sorenson's geographic preference is for opportunities in the Mountain West and West Coast regions of the US. Sorenson raised its inaugural fund in 2004 and is based in Salt Lake City, Utah.
DEAL STATS | # |
---|---|
Overall | 22 of 29 |
Sector (Internet Software and Services) | 5 of 6 |
Type (Add-on Acquisition) | 12 of 16 |
State (Idaho) | 1 of 1 |
Country (United States) | 21 of 28 |
Year (2020) | 1 of 2 |
Size (of disclosed) | 1 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-12-01 |
Spring Dental
Tulsa, Oklahoma, United States Spring Dental is a dental service organization (“DSO”) that provides general and specialty dental services through its network of 30 clinics in Oklahoma, Arkansas, and Missouri. Spring Dental is based in Tulsa, Oklahoma. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-12-03 |
AccessData Group
Orem, Utah, United States AccessData Group, Inc. is a provider of digital forensic investigation software. AccessData has worked with more than 130,000 users in law enforcement, government agencies, corporations and law firms around the world, providing both stand-alone and enterprise-class solutions that can synergistically work together. AccessData Group was founded in 1987 and is based in Orem, Utah. |
Sell | - |