M&A Deal Summary

Teleo Capital Acquires Paxia

On June 27, 2019, private equity firm Teleo Capital acquired software company Paxia

Acquisition Highlights
  • This is Teleo Capital’s 2nd transaction in the Software sector.
  • This is Teleo Capital’s 2nd transaction in the United States.
  • This is Teleo Capital’s 1st transaction in Virginia.

M&A Deal Summary
Date 2019-06-27
Target Paxia
Sector Software
Buyer(s) Teleo Capital
Deal Type Divestiture

Target

Paxia

Sterling, Virginia, United States
Paxia is a provider of enterprise saas applications that manage the inflight catering services supply chain for the world’s largest airline carriers and catering businesses, driving significant cost reductions through its proprietary software solutions. Paxia’s cloud-based catering management suite and galley planning solutions handle thousands of flights daily. Paxia was founded in 2019 and is based in Sterling, Virginia.

Search 201,429 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

Buyer(S) 1

Buyer

Teleo Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2018
PE ASSETS 250M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Teleo Capital is a lower middle-market private equity firm focused on US-based corporate carve outs with underutilized assets and recurring revenue. Sectors of interest include software/technology, healthcare IT, business services, and industrials. The Firm will consider businesses with up to $100 million in revenue where it can commit up to $50 million of equity. Teleo Capital was formed in 2018 and is headquartered in El Segundo, California.

DEAL STATS #
Overall 2 of 9
Sector (Software) 2 of 3
Type (Divestiture) 1 of 4
State (Virginia) 1 of 1
Country (United States) 2 of 8
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-16 UMT360

Bellevue, Washington, United States

UMT360 is a provider of Enterprise Project Portfolio Management software and consulting services. The company's solutions provide Portfolio Management Office (“PMO”), IT, business, and finance leadership with the critical planning and controls needed to optimize enterprise investment decision-making and management. It helps customers gain the visibility and insight they need to align execution with strategy across all project, program, product, and IT asset portfolios. UMT360 is based in Bellevue, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-24 Industrial Defender

Foxborough, Massachusetts, United States

Industrial Defende provides a fully automated solution to discover, track and report on assets across your ICS footprint. Industrial Defender ASM is a management platform designed to address the overlapping requirements of cybersecurity, compliance, and change management for Industrial Control Systems (ICS). A “single pane of glass” that provides asset visibility, vulnerability monitoring, tracking, configuration, policy control, and reporting for industrial endpoints from multiple vendors. Industrial Defender is based in Foxborough, Massachusetts.

Buy -
Mergr

Product

Company

Legal