M&A Deal Summary |
|
|---|---|
| Date | 2020-09-25 |
| Target | American Stock Transfer & Trust Co. |
| Sector | Financial Services |
| Buyer(s) | TMX |
| Sellers(s) |
Pacific Equity Partners
Intermediate Capital Group Riverside |
| Deal Type | Add-on Acquisition |
| Deal Value | 165M USD |
| Advisor(s) | Macquarie Capital (Financial) Blake, Cassels & Graydon (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Financial Services |
| Employees | 2,090 |
| Revenue | 1.5B CAD (2024) |
TMX is an integrated, multi-asset class exchange group. TMX Group's businesses operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. It also provide clearing facilities, data products and other services to the international financial community. TMX was founded in 2011 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 10 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 8 |
| State: New York M&A | 1 of 3 |
| Country: United States M&A | 1 of 5 |
| Year: 2020 M&A | 2 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-25 |
AST Investor Services
Toronto, Ontario, Canada AST Investor Services Inc. (Canada) is a provider of transfer agency, corporate trust and related services to Canadian public and private companies. AST Investor Services is based in Toronto, Ontario. |
Buy | $165M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-18 |
ETFLogic
New York, New York, United States ETFLogic is a provider of analytics and portfolio tools to the wealth management industry and investment fund manufacturers. ETFLogic was founded in 2017 and is based in New York. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 10.0B AUD |
| Size | Mega |
| Type | Sector Agnostic |
Pacific Equity Partner (PEP) is a private equity firm focused on buyout and late stage expansion capital investments in Australia and New Zealand. PEP typically partners with management teams in acquiring businesses and focuses on transactions valued up to AU$1 Billion. The Firm prefers control situations and typically holds investments for three to six years. PEP will not invest in start-ups or unprofitable businesses, as well as gambling or tobacco companies. Pacific Equity Partners was formed in 1998 and is based in Sydney, Australia. The Firm targets various industries.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 23 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 11 of 13 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Size (of disclosed) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-07 |
Modern Star
Brookvale, Australia Modern Star is a B2B distributor of education resources to early childhood centres and schools. Modern Star was founded in 1956 and is based in Brookvale, Australia. |
Buy | AU$600M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-22 |
Magentus
Melbourne, Australia Magentus is a provider of unified collaboration, knowledge management, and education services and managed services in complex, knowledge-driven environments. The company's client base includes government agencies at all three levels (i.e. local, state, and federal) as well as blue-chip private sector businesses. It is represented on over 240 different contracts and preferred supplier arrangements nationally, many of them established organizations seeking specialist skills. Magentus was founded in 2007 and is based in Symonston, Australia. |
Buy | $449M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 74.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 205 of 225 |
| Sector: Financial Services M&A | 6 of 6 |
| Type: Add-on Acquisition M&A Deals | 62 of 69 |
| State: New York M&A | 2 of 2 |
| Country: United States M&A | 13 of 14 |
| Year: 2020 M&A | 4 of 5 |
| Size (of disclosed) | 65 of 74 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-23 |
Workhuman
Framingham, Massachusetts, United States Workhuman is an integrated social recognition and continuous performance management platform. With a consistent stream of gratitude fueling unparalleled, provocative workplace data and human insights, Workhuman Cloud is a critical software engine for global companies seeking to motivate and empower their people to do the best work of their lives. Workhuman was founded in 1999 and is based in Framingham, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-29 |
Courtepaille
Courcouronnes, France Courtepaille is a chain of grill restaurants across France that follow a uniform concept. Courtepaille was established in 1961 and is based in Courcouronnes, France. |
Sell | €17M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 161 of 207 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 67 of 86 |
| State: New York M&A | 8 of 9 |
| Country: United States M&A | 114 of 146 |
| Year: 2020 M&A | 5 of 8 |
| Size (of disclosed) | 8 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-21 |
BuildOut
Chicago, Illinois, United States BuildOut is a commercial real estate marketing software company that provides SaaS-based marketing and customer relationship management software to commercial real estate brokerages. Buildout’s software is designed to manage the entire sale or lease process of a property from initial prospecting to the ultimate closing, including automating the creation of marketing materials, reaching prospective buyers and tenants, powering brokerage listings pages, and sharing transactional documents with all involved parties in a transaction. BuildOut was founded in 2010 and is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-06 |
Swedish Education Group AB
Stockholm, Sweden Swedish Education Group operates one compulsory school in Stockholm, one compulsory and upper secondary school in Stockholm for children in need of additional resources, and three upper secondary schools located in Stockholm, Gothenburg, and Malmö. In addition, Swedish Education Group runs several higher vocational educations. |
Sell | kr185M |
