M&A Deal Summary

TJC Acquires Vyne

On June 25, 2019, private equity firm TJC acquired information technology company Vyne from Accel-KKR

Acquisition Highlights
  • This is TJC’s 3rd transaction in the Information Technology sector.
  • This is TJC’s 57th transaction in the United States.
  • This is TJC’s 3rd transaction in Georgia.

M&A Deal Summary
Date 2019-06-25
Target Vyne
Sector Information Technology
Buyer(s) TJC
Sellers(s) Accel-KKR
Deal Type Secondary Buyout

Target

Vyne

Dunwoody, Georgia, United States
Vyne provides technology platforms that facilitate the electronic capture, storage and submission of healthcare data in any form – voice, document, image, data, fax or electronic interface – to provide business intelligence throughout any care organization. Vyne’s proven solutions connect disconnected data to close gaps in documentation, delivering improved financial strength, operational performance and patient experience for medical and dental providers, partners and payers. Vyneis based in Dunwoody, Georgia.

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Buyer(S) 1

Buyer

TJC

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1982
PE ASSETS 14.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.

DEAL STATS #
Overall 59 of 93
Sector (Information Technology) 3 of 4
Type (Secondary Buyout) 19 of 34
State (Georgia) 3 of 5
Country (United States) 57 of 89
Year (2019) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-03 GlobalTranz

Scottsdale, Arizona, United States

GlobalTranz is a technology-driven freight brokerage company specializing in LTL, full truckload, third-party logistics, and expedited shipping services. GlobalTranz optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. Leveraging its extensive freight agent network, GlobalTranz has emerged as a fast-growing market leader with a customer base of over 25,000 shippers. In 2018, Transport Topics ranked GlobalTranz as the 10th largest freight brokerage firm in the U.S. GlobalTranz was founded in 2003 and is based in Scottsdale, Arizona.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-26 Anchor Packaging

Ballwin, Missouri, United States

Anchor Packaging is a manufacturer of rigid packaging products for non-cyclical foodservice, retail supermarket, and food manufacturing markets. Anchor Packaging was founded in 1963 and is based in Ballwin, Missouri.

Buy -

Seller(S) 1

SELLER

Accel-KKR

Menlo Park, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.

DEAL STATS #
Overall 27 of 54
Sector (Information Technology) 6 of 13
Type (Secondary Buyout) 9 of 16
State (Georgia) 2 of 7
Country (United States) 21 of 44
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-19 Acumatica

Bellevue, Washington, United States

Acumatica is a provider of cloud-based business management software that enables small and mid-size companies to accelerate their businesses. Built on cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications such as Financials, Project Accounting, Commerce, Manufacturing, Field Service and CRM, on a robust and flexible platform. Acumatica was founded in 2007 and is based in Bellevue, Washington.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-28 Lemontech

Las Condes, Chile

Lemontech is a provider of SaaS software for law firms and corporate legal departments, with clients across 18 geographies in Latin American region. Lemontech’s main product offering includes time billing and case tracking, legal tech solutions geared toward tracking and managing billable hours to clients as well as judicial case management. Lemontech is based in Las Condes, Chile.

Buy -
Mergr

Product

Company

Legal