Investment Summary |
|
|---|---|
| Date | 2021-10-31 |
| Target | Trading Technologies |
| Sector | Software |
| Investor(s) |
7Ridge
Thoma Bravo CBOE Global Markets |
| Sellers(s) | The FSB Companies |
| Deal Type | Secondary Buyout |
| Advisor(s) | Broadhaven Capital Partners (Financial) Sullivan & Cromwell (Legal) |
SEARCH BY
7Ridge is a private investment firm focused exclusively on B2B financial technology companies in North America and Europe. 7Ridge seeks companies that have a transformative impact on financial services as it relates to the global economy. 7Ridge is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Software M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 2 |
| Country: United States M&A | 1 of 2 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-18 |
Ameribor
Chicago, Illinois, United States Ameribor is a self-regulated exchange with over 240 bank and non-bank members across the United States. AFX offers a suite of innovative products to improve transparency and efficiency in the interbank loans marketplace. Ameribor was founded in 2015 and is based in Chicago, Illinois. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 114 of 151 |
| Sector: Software M&A | 55 of 69 |
| Type: Secondary Buyout M&A Deals | 32 of 36 |
| State: Illinois M&A | 6 of 9 |
| Country: United States M&A | 104 of 132 |
| Year: 2021 M&A | 15 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-30 |
Pathwire
San Antonio, Texas, United States Pathwire empowers companies around the world to solve complex communication problems. Through its powerful email API and intuitive email marketing solutions, Pathwire delivers over 250 billion emails a year for companies like DHL, Wikipedia, Toast, Lyft, and Microsoft. The company provides reliable, cloud-native infrastructure, local expertise, and smart solutions based on machine learning so companies can more easily reach their customers and build connected experiences. Pathwire is based in San Antonio, Texas. |
Sell | $1.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-02 |
T2 Systems
Indianapolis, Indiana, United States T2 Systems is a provider of unified SaaS (Software as a Service) parking management solutions. T2 Systems's comprehensive portfolio of services includes solutions that help organizations manage parking permits, citations, gated parking facilities, and special events. T2 Systems was established in 1994 and is based in Indianapolis, Indiana. |
Sell | $356M |
| Category | Company |
|---|---|
| Founded | 1973 |
| Sector | Financial Services |
| Employees | 1,685 |
| Revenue | 4.1B USD (2024) |
CBOE Global Markets is the holding company for Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), and other subsidiaries. CBOE Holdings offers equity, index and ETP options, including proprietary products, such as options and futures on the CBOE Volatility Index (VIX Index) and S&P 500 options (SPX), the most active U.S. index option. CBOE Global Markets was incorporated in 1973 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 14 |
| Sector: Software M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Illinois M&A | 5 of 5 |
| Country: United States M&A | 10 of 10 |
| Year: 2021 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-20 |
ErisX
Chicago, Illinois, United States ErisX offers individuals and institutions a single, innovative platform to access crypto spot and futures markets. By combining professional tools, advanced technology, sophisticated regulatory oversight, and a diverse product set, the company offers compliant, capital markets friendly workflows to digital market participants. ErisX, Eris Exchange, and the ErisX and Eris Exchange logos are trademarks of the Eris Exchange group of companies. ErisX was formed in 2018 and is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-15 |
NEO
Toronto, Ontario, Canada NEO Exchange is a fintech organization that comprises a fully registered Tier-1 Canadian securities exchange with a diverse product and services set ranging from corporate listings to cash equity trading. NEO was founded in 2015 and is based in Toronto, Ontario. |
Buy | - |
The FSB Companies is a family office that looks to acquire and invest in a variety of growth oriented companies spanning real estate, agriculture, and other industries. The Firm takes a long-term investment approach and will consider opportunities throughout the US. The FSB Companies was formed in 2006 and is headquartered in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Software M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-03 |
Pinnacle Medical Solutions
Southaven, Mississippi, United States Pinnacle Medical Solutions is a patient-centric provider of technology-enabled diabetes management devices, including continuous glucose monitors and insulin pumps. Driven by its patient-first mindset, Pinnacle is committed to offering the latest technology and best customer experience available. Pinnacle Medical Solutions was formed in 2006 and is based in Southaven, Mississippi. |
Sell | - |
