M&A Deal Summary

Think3 Acquires MyAlerts

On June 20, 2018, distressed investor Think3 acquired internet software and services company MyAlerts

Acquisition Highlights
  • This is Think3’s 1st transaction in the Internet Software and Services sector.
  • This is Think3’s 2nd transaction in the United States.
  • This is Think3’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2018-06-20
Target MyAlerts
Sector Internet Software and Services
Buyer(s) Think3
Deal Type Buyout (LBO, MBO, MBI)

Target

MyAlerts

Minneapolis, Minnesota, United States
MyAlerts is an e-commerce marketing platform used by top retail and consumer sites to capture purchase intent, driving consumers back to sites at a rate of 5-10 times and converting browsers into buyers. MyAlerts is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Think3

Investor

Category Distressed Investor
Founded 2017
PE ASSETS 1.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Think3 is a distressed investor focused on acquiring lower middle-market SaaS companies with at least $3 million in revenue. The Firm has a particular interest in venture-backed companies at an inflection point in their growth cycle where selling may be attractive to founders, management teams, and investors. Think3 will consider opportunities throughout the US and generally looks to offer 1x to 2x revenues. Think3 was formed in 2017 and is headquartered in Austin, Texas.

DEAL STATS #
Overall 2 of 5
Sector (Internet Software and Services) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 2 of 4
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-30 Bizness Apps

Austin, Texas, United States

Bizness Apps is an app-building platform that allows small businesses to build mobile solutions that compete with big brands, making it possible for everyone to create an affordable mobile app for their business. Bizness Apps was founded in 2010 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-06 School Loop

San Francisco, California, United States

School Loop is a web and app-based collaboration tool for students, parents, and teachers in school districts throughout the U.S. School Loop was founded in 2004 and is based in San Francisco, California.

Buy -
Mergr

Product

Company

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