Investment Summary

TPE Boulder Invests In Softrax

On November 23, 2009, private equity firm TPE Boulder invested in software company Softrax

Investment Highlights
  • This is TPE Boulder’s 3rd transaction in the Software sector.
  • This is TPE Boulder’s 20th transaction in the United States.
  • This is TPE Boulder’s 3rd transaction in Massachusetts.
Investment Fate
  • Softrax was divested to a consortium of buyers in 2025.

Investment Summary

Date 2009-11-23
Target Softrax
Sector Software
Investor(s) TPE Boulder
Deal Type Venture

Target

Softrax

Canton, Massachusetts, United States
Softrax is a developer and provider of revenue management solutions for technology-based companies. Softrax is based in Canton, Massachusetts.

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Investor(S) 1

Investor

TPE Boulder

Braintree, Massachusetts, United States

Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

TPE Boulder is a private equity firm focused on small buyout and growth equity investments in profitable healthcare and software companies. TPE will consider minority or control positions and targets companies with $5 to $40 million in revenue and at least $2 million of EBITDA. Specific areas of interest include healthcare services, healthcare IT, healthcare payment management systems, enterprise software, SaaS, and Internet B2B companies. TPE Boulder was formed in 1997 and has offices in Braintree, Massachusetts, and Boulder, Colorado.


DEAL STATS #
Overall 20 of 26
Sector: Software M&A 3 of 3
Type: Venture M&A Deals 12 of 12
State: Massachusetts M&A 3 of 3
Country: United States M&A 20 of 26
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-16 Medrium

Morristown, New Jersey, United States

Medrium is a healthcare receivables management company, providing physician groups and hospitals with a web-based receivables management system. Medrium?s system provides rapid and accurate receivables management for providers and reduces insurance company denials. Medrium is a national company with current operations in Californi, New Jersey, and Delaware.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-30 Outside the Classroom

Newton, Massachusetts, United States

Outside the Classroom, Inc. is a provider of online health and wellness solutions. Outside The Classroom spent seven years focused on tackling high-risk drinking and related epidemic-level health issues by delivering programs and services designed for population-level application at US colleges.

Sell -