M&A Deal Summary |
|
|---|---|
| Date | 2016-01-26 |
| Target | TransFirst |
| Sector | Information Technology |
| Buyer(s) | TSYS |
| Sellers(s) | Vista Equity Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.4B USD |
| Advisor(s) | Credit Suisse Investment Banking J.P. Morgan Securities (Financial) Kirkland & Ellis (Legal) |
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| Category | Company |
|---|---|
| Founded | 1982 |
| Sector | Information Technology |
| Employees | 13,000 |
| Revenue | 4.0B USD (2018) |
TSYS is a provider of payment services, offering secure solutions to empower commerce across all channels. TSYS supports financial institutions, businesses, and governments in more than 80 countries. TSYS was formed in 1982 and is based in Columbus, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 10 |
| Sector (Information Technology) | 2 of 4 |
| Type (Add-on Acquisition) | 5 of 7 |
| State (New York) | 2 of 2 |
| Country (United States) | 8 of 10 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-01 |
NetSpend Holdings
Austin, Texas, United States NetSpend Holdings, Inc. is a provider of reloadable prepaid debit cards and related financial services. |
Buy | $1.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-18 |
Cayan
Boston, Massachusetts, United States Cayan LLC is a provider in payment solutions and merchant services. Cayan enables merchants, developers and resellers to deliver current and emerging payment solutions. Cayan was founded in 1998 and is based in Boston, Massachusetts. |
Buy | $1.1B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 100.0B USD |
| Size | Mega |
| Type | Sector Focused |
Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 70 |
| Sector (Information Technology) | 4 of 10 |
| Type (Add-on Acquisition) | 13 of 35 |
| State (New York) | 2 of 7 |
| Country (United States) | 25 of 65 |
| Year (2016) | 2 of 3 |
| Size (of disclosed) | 4 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-01-19 |
Sovos Compliance
Wilmington, Massachusetts, United States Sovos Compliance is a provider of software that safeguards businesses from the burden and risk of modern transactional taxes. Combining the trusted industry expertise and global research capabilities of Convey, Taxware, and VAT Resource, the company enables over 3,000 clients to operate with the confidence to efficiently navigate today’s dynamic regulatory environment. Sovos Compliance was founded in 1979 and is based in Wilmington, Massachusetts. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-03-08 |
Quickbase
Cambridge, Massachusetts, United States Quickbase provides a cloud-based platform that empowers problem solvers to quickly turn ideas for better ways to work into apps that make their organizations more efficient. Quickbase was founded in 1999 and is based in Cambridge, Massachusetts. |
Buy | - |
