M&A Deal Summary

The Adea Group Acquires Jaagir

On September 1, 2002, The Adea Group acquired business services company Jaagir from American Capital

Acquisition Highlights
  • This is The Adea Group’s 1st transaction in the Business Services sector.
  • This is The Adea Group’s 1st transaction in the United States.
  • This is The Adea Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2002-09-01
Target Jaagir
Sector Business Services
Buyer(s) The Adea Group
Sellers(s) American Capital
Deal Type Add-on Acquisition

Target

Jaagir

Dallas, Texas, United States
Business and information technology consulting, specializing in consulting, customer relationship management, business intelligence, mobility, and software development and integration. Finance: Holding company.

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Buyer(S) 1

Buyer

The Adea Group

Dallas, Texas, United States

Category Company
Sector Information Technology
DESCRIPTION

The Adea Group provides IT services.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2002 M&A 1 of 1

Seller(S) 1

SELLER

American Capital


Category Private Equity Firm
Founded 1997
PE ASSETS 22.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.


DEAL STATS #
Overall 3 of 194
Sector: Business Services M&A 1 of 14
Type: Add-on Acquisition M&A Deals 1 of 87
State: Texas M&A 1 of 15
Country: United States M&A 3 of 186
Year: 2002 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-01 Halex

Pomona, California, United States

Halex Corp. is a provider of carpetsurfaces, supporting wood flooring & ceramic tile installations and mitigating moisture seepage in concrete.

Buy $33M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-03 Patriot Medical Technologies

Franklin, Tennessee, United States

Patriot provides asset management and testing and repair services for diagnostic and other medical equipment.

Sell -