M&A Deal Summary |
|
|---|---|
| Date | 2021-03-01 |
| Target | Avtex Solutions |
| Sector | Information Technology |
| Buyer(s) | TTEC |
| Sellers(s) | Norwest Equity Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1982 |
| Sector | Business Services |
| Employees | 58,000 |
| Revenue | 2.5B USD (2023) |
TTEC is a customer engagement management service provider that delivers integrated consulting, technology, growth and customer care solutions. TTEC was founded in 1982 and is based in Greenwood Village, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 17 |
| Sector (Information Technology) | 5 of 5 |
| Type (Add-on Acquisition) | 15 of 15 |
| State (Minnesota) | 1 of 1 |
| Country (United States) | 13 of 14 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-05 |
VoiceFoundry
Tulsa, Oklahoma, United States VoiceFoundry LLC specialize in the delivery of Amazon Web Services (AWS) contact center solutions and are uniquely focused on helping businesses improve customer engagement, while maximizing the benefits of the cloud. VoiceFoundry is based in Tulsa, Oklahoma. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-22 |
Faneuil - Tolling and Transportation and Health Benefit Exchange Verticals
Hampton, Virginia, United States Faneuil's Tolling and Transportation and Health Benefit Exchange Verticals comprises utilities, non-health benefit exchange, commercial and other verticals, as well as Vistio, a wholly-owned subsidiary of Faneuil, which incorporates software tools and methodologies to improve and optimize the contact center agent experience. |
Buy | $140M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1961 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. NEP targets investments in businesses valued between $50 and $500 million, typically investing $50 to $250 million of capital per investment. Funds are typically used to fund management buyouts, recapitalizations, and growth financing. Sectors of interest include manufacturing, distribution, healthcare, technology/business services, and consumer products/services. NEP is affiliated with Norwest Mezzanine Partners, an investment partnership focused on providing junior capital to middle-market companies. Norwest Equity Partners is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 54 |
| Sector (Information Technology) | 2 of 4 |
| Type (Add-on Acquisition) | 16 of 20 |
| State (Minnesota) | 10 of 13 |
| Country (United States) | 42 of 52 |
| Year (2021) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-01 |
recteq
Evans, Georgia, United States recteq is a designer, marketer, and direct seller of premium pellet grills, accessories, and other consumable products. recteq’s continued technology-driven product innovation, direct-to-consumer distribution model, and top-notch customer service position recteq as a premium brand in the pellet grill space. recteq was founded in 2009 and is based in Evans, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-07 |
Wahoo
Atlanta, Georgia, United States Wahoo provides a full ecosystem of sensors and devices for runners, cyclists, and general fitness enthusiasts. Wahoo’s products include the KICKR family of smart indoor riding equipment and accessories, the ELEMNT family of GPS devices and sport watches, the TICKR family of heart rate monitors, as well as Speedplay dual-sided pedals and the SUF structured training app to help you become the most complete athlete. Wahoo was founded in 2009 and is based in Atlanta, Georgia. |
Sell | - |
