M&A Deal Summary |
|
|---|---|
| Date | 2018-06-25 |
| Target | Veraction |
| Sector | Software |
| Buyer(s) | Trax Group |
| Sellers(s) | Spire Capital Partners |
| Deal Type | Merger |
| Advisor(s) | Dentons (Legal) |
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Trax Group provides software-enabled transportation spend management solutions to large, global enterprises. The Company’s solutions help clients optimize transportation spend and achieve significant cost savings through freight bill audit and payment, improved supply chain visibility, and better collaboration with shippers. Trax Group was founded in 1993 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Tennessee M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 900M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Spire Capital Partners is a private equity firm that targets buyout investments in mid-sized information services, media, communications, and business service companies. The Firm looks for cash-flow positive, US-based businesses with high barriers to entry. Spire seeks to commit $15 to $125 million of equity per transaction and has an investment horizon of three to seven years. Spire Capital Partners was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 27 |
| Sector: Software M&A | 3 of 3 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Tennessee M&A | 1 of 1 |
| Country: United States M&A | 21 of 26 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-18 |
Dynamic Quest
Greensboro, North Carolina, United States Dynamic Quest is a managed service provider for IT services to enterprises and mid-sized businesses. The Company's services include hosted cloud services, disaster recovery, managed IT, service plans, software maintenance, application support, virtual CIO and security services. Dynamic Quest was fouded in 2000 and is based in Greensboro, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-04 |
O2B Kids
Gainesville, Florida, United States O2B Kids is a provider of early education services for children in the Southeast U.S. O2B offers preschool education for children 0 to 5 years old, afterschool enrichment programs for elementary school students, and an unprecedented family membership program for all kids 0 to 13 years old. O2B Kids was founded in 1998 and is based in Gainesville, Florida. |
Buy | - |