M&A Deal Summary |
|
|---|---|
| Date | 2010-03-26 |
| Target | Edmentum |
| Sector | Information Technology |
| Buyer(s) |
Thoma Bravo
HarbourVest Partners |
| Deal Type | Going Private |
| Deal Value | 143M USD |
SEARCH BY
| 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 | 19 of 151 |
| Sector: Information Technology M&A | 2 of 37 |
| Type: Going Private M&A Deals | 5 of 43 |
| State: Minnesota M&A | 1 of 5 |
| Country: United States M&A | 19 of 132 |
| Year: 2010 M&A | 1 of 5 |
| Size (of disclosed) | 49 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-09 |
Datatel
Fairfax, Virginia, United States Datatel has focused exclusively on helping colleges and universities manage their business processes. Datatel today provides fully integrated enterprise information management software solutions to more than 600 colleges, universities and other higher education institutions serving almost 4 million students |
Sell | $570M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-07-20 |
American-Amicable Holdings
Wilmington, Texas, United States American-Amicable and its affiliated companies market life insurance products, including final expense, single premium whole life, universal life, modified whole life, and term coverage, through a nationwide network of independent sales agents. The companies’ insurance products are designed to fit the particular needs of their individual customers. Thoma Bravo worked with the management company to increase the size and efficiency of the business over a ten-year period before a very successful sale to an affiliate of Industrial Alliance Insurance and Financial Services Inc. (Toronto: IAG), the fourth largest Canadian life insurer. |
Sell | $143M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 80 of 214 |
| Sector: Information Technology M&A | 12 of 24 |
| Type: Going Private M&A Deals | 12 of 26 |
| State: Minnesota M&A | 1 of 3 |
| Country: United States M&A | 48 of 130 |
| Year: 2010 M&A | 2 of 12 |
| Size (of disclosed) | 52 of 61 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-03-16 |
Spectrum
Selmer, Tennessee, United States Spectrum Corp. is an independent compunder, blender, packager, and marketer of specialty lubricants. Products include 2-cycle and small engine 4-cycle oils, bar and chain oil, and hydraulic fluid, which are commonly used in power lawn and garden equipment. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-04-26 |
NOBA Bank Group
Stockholm, Sweden NOBA Bank Group is a nordic specialist bank focused on financial inclusion and responsible lending. The company offers mortgages, equity release, consumer loans, and savings products and currently serves some 200 000 customers. NOBA Bank Group was formed in 2003 and is based in Stockholm, Sweden. |
Buy | €105M |
