M&A Deal Summary

Torex Retail Acquires Savista

On April 17, 2006, Torex Retail acquired software company Savista from Accel-KKR for 52M USD

Acquisition Highlights
  • This is Torex Retail’s 1st transaction in the Software sector.
  • This is Torex Retail’s largest (disclosed) transaction.
  • This is Torex Retail’s 1st transaction in the United States.
  • This is Torex Retail’s 1st transaction in Kansas.

M&A Deal Summary
Date 2006-04-17
Target Savista
Sector Software
Buyer(s) Torex Retail
Sellers(s) Accel-KKR
Deal Type Add-on Acquisition
Deal Value 52M USD

Target

Savista

Wichita, Kansas, United States
Savista Corp.is a provider of enterprise software to the global restaurant and hospitality industries.

Search 197,968 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Torex Retail

Witney, United Kingdom
Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

Torex Retail Plc is a provider of cutting-edge retail technology solutions to many of the world's principal retailers.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1

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 3 of 52
Sector (Software) 3 of 23
Type (Add-on Acquisition) 3 of 28
State (Kansas) 1 of 1
Country (United States) 2 of 42
Year (2006) 2 of 2
Size (of disclosed) 16 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-25 Saber

Portland, Oregon, United States

Saber Corp. is a provider of software products and services that enabled government to better serve constituents. Saber 's focus was to partner with public sector clients to implement mission critical technology projects. Saber provided solutions that underpinned essential functions such as voter registration, election management, public retirement programs, human services, public health services, motor vehicles and unemployment insurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-20 IntrinsiQ

Burlington, Massachusetts, United States

Intrinsiq Research is the premier source for US oncology data and analysis. IntrinsiQ s market leading software application, IntelliDoseTM, captures the treatment decisions and details of over 13,000 patients a month, creating an unrivaled database of accurate, detailed and timely information about the medical oncology care process. This database is the foundation of products and services that are designed to uniquely address the business issues and decisions to the pharmaceutical product manager, market researcher and financial analyst.

Buy -
Mergr

Product

Company

Legal