M&A Deal Summary

Terminus Capital Partners Acquires Finvi

On August 1, 2021, private equity firm Terminus Capital Partners acquired software company Finvi from New Mountain Capital

Acquisition Highlights
  • This is Terminus Capital Partners’ 2nd transaction in the Software sector.
  • This is Terminus Capital Partners’ 2nd transaction in the United States.
  • This is Terminus Capital Partners’ 1st transaction in Indiana.

M&A Deal Summary

Date 2021-08-01
Target Finvi
Sector Software
Buyer(s) Terminus Capital Partners
Sellers(s) New Mountain Capital
Deal Type Secondary Buyout

Target

Finvi

Muncie, Indiana, United States
Finvi is a provider of enterprise software that automates complex workflows and accelerates revenue recovery for clients in the healthcare, accounts receivable management (ARM), and government markets. Finvi was founded in 1980 and is based in Muncie, Indiana.

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

Buyer(S) 1

DESCRIPTION

Terminus Capital Partners is a private equity firm focused on buyouts of lower middle-market software companies with $10 to $50 million of revenue. The Firm will consider opportunities throughout North America with positive revenue growth and EBITDA. Terminus Capital Partners was formed in 2017 and is headquartered in Atlanta, Georgia.


DEAL STATS #
Overall 2 of 3
Sector (Software) 2 of 3
Type (Secondary Buyout) 1 of 2
State (Indiana) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-05 Katabat

Wilmington, Delaware, United States

Katabat is a provider of debt management software solutions for lenders, fintech, and collection agencies. The software synchronizes customer offers, implements customer workflows, and builds integrated content and treatments across all customer channels. Katabat was founded in 2006 and is based in Wilmington, Delaware.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Katabat

Wilmington, Delaware, United States

Katabat is a provider of debt management software solutions for lenders, fintech, and collection agencies. The software synchronizes customer offers, implements customer workflows, and builds integrated content and treatments across all customer channels. Katabat was founded in 2006 and is based in Wilmington, Delaware.

Sell -

Seller(S) 1

SELLER

New Mountain Capital

New York, New York, United States

Category Private Equity Firm
Founded 2000
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.


DEAL STATS #
Overall 39 of 45
Sector (Software) 7 of 7
Type (Secondary Buyout) 9 of 11
State (Indiana) 2 of 2
Country (United States) 36 of 42
Year (2021) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 DRB

Akron, Ohio, United States

DRB is a provider of tech-enabled devices and software solutions to the car wash industry. DRB Systems offers tech-enabled devices, software, and expert support to help car wash operators run their car wash, manage their daily performance, and grow their business. DRB was founded in 1984 and is based in Akron, OH.

Sell $965M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 Bounteous

Chicago, Illinois, United States

Bounteous delivers comprehensive strategy, customer experience, engineering, eCommerce, analytics, and digital marketing solutions to leading Fortune 1000 companies. The company helped build Domino’s Pizza into one of the world’s most successful eCommerce brands and serves as the agency of record for Domino’s Canada. Bounteous was formed in 2003 and is based in Chicago, Illinois.

Buy -