M&A Deal Summary |
|
|---|---|
| Date | 2020-07-20 |
| Target | Majesco |
| Sector | Software |
| Buyer(s) |
Thoma Bravo
CVC Capital Partners |
| Deal Type | Going Private |
| Deal Value | 594M USD |
| Advisor(s) | Nomura Investment Bank (Financial) Khaitan & Co. Sheppard Mullin Richter & Hampton (Legal) |
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 | 92 of 151 |
| Sector: Software M&A | 40 of 69 |
| Type: Going Private M&A Deals | 21 of 43 |
| State: New Jersey M&A | 3 of 3 |
| Country: United States M&A | 85 of 132 |
| Year: 2020 M&A | 4 of 11 |
| Size (of disclosed) | 41 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-25 |
Syntellis
Chicago, Illinois, United States Syntellis provides innovative enterprise performance management software, data, and analytics solutions for healthcare, higher education, and financial institutions. Syntellis’ solutions include Axiom and Connected Analytics software, which help finance professionals elevate performance by acquiring insights, accelerating decisions, and advancing their business plans. Syntellis was formed in 2020 and is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-04 |
Foundation Software
Strongsville, Ohio, United States Foundation Software is a provider of construction accounting software and payroll services for small- to mid-sized specialty contractors. The Company also offers payroll processing and construction reporting services to the construction industry. Foundation Software was founded in 1985 and is based in Strongsville, Ohio. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 177.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 259 of 328 |
| Sector: Software M&A | 4 of 8 |
| Type: Going Private M&A Deals | 13 of 16 |
| State: New Jersey M&A | 2 of 3 |
| Country: United States M&A | 35 of 46 |
| Year: 2020 M&A | 10 of 15 |
| Size (of disclosed) | 47 of 58 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-17 |
Elsan
Paris, France Elsan is a healthcare services provider operating 128 clinics treating more than 2 million patients every year. Elsan specializes in medicine, surgery, obstetrics, and other medical services (dialysis, post-acute rehabilitation, imaging & radiotherapy, and home hospitalization). Elsan was founded in 2000 and is based in Paris, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-25 |
SOHO Global Health Group
Jakarta, Indonesia SOHO Global Health is a domestic player in the Indonesian branded consumer health / over-the-counter pharmaceutical sector, focusing on herbal medicine supplements in Indonesia. The business also wholly owns the fifth largest pharmaceutical distributor in the country, selling both Soho’s owned products and third-party principal brands. SOHO Global Health Group was founded in 1946 and is based in Jakarta, Indonesia. |
Buy | - |
