M&A Deal Summary |
|
|---|---|
| Date | 2024-10-31 |
| Target | KORE Software |
| Sector | Software |
| Buyer(s) | Two Circles |
| Sellers(s) |
Serent Capital
Arrowroot Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | William Blair (Financial) |
SEARCH BY
Two Circles is a data-driven sports marketing agency. Two Circles has established itself as the market leader for a data-driven approach to sports marketing in Europe. Employing 55 people, the agency works with leading sports rightsholders across 10 markets internationally, enabling them to deliver the right messages to the right customers at the right time and in doing so, deliver commercial growth across all key revenue streams. Two Circles was founded in 2011 and is based in London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-16 |
TRM Partners
London, United Kingdom TRM Partners is an independent sports rights-sales business that has been responsible for landmark sports sponsorship deals including Yokohama’s record five-year partnership with Chelsea FC, and Visa and Pepsi’s ground-breaking UEFA women’s football partnerships. TRM Partners is based in London. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Serent Capital is a private equity firm focused on investing in profitable, growing businesses featuring scalable business models and operating in sectors undergoing significant change. Serent looks for companies with $5 to $100 million in growing annual sales where it can commit $20 to $200 million of capital. Target transaction situations include buyouts, recapitalizations, and growth financings. Serent Capital was formed in 2008 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 31 |
| Sector: Software M&A | 10 of 13 |
| Type: Add-on Acquisition M&A Deals | 22 of 24 |
| State: New York M&A | 1 of 2 |
| Country: United States M&A | 25 of 29 |
| Year: 2024 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-01 |
Knowland
Arlington, Virginia, United States Knowland provides technology, data and analytics to the hospitality industry. Knowland's cloud-based sales and catering solution and its competitive intelligence tools help hotels to maximize revenue from meeting and conference space. Knowland's technology is powered by the industry's most extensive database of events, of organizations that hold these events, and of the key contacts who book them. Knowland was founded in 2004 and is based in Arlington, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-01 |
Finys
Troy, Michigan, United States Finys delivers innovative core system solutions tailored to the needs of property and casualty insurance carriers. With a comprehensive suite of software solutions that cover policy administration, billing, claims management, and more, Finys helps insurance organizations streamline operations and achieve growth. Finys was founded in 2001 and is based in Troy, Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| Size | Small |
| Type | Sector Focused |
Arrowroot Capital is a private investment group focused on making growth capital investments in software-as-a-service and internet-based companies. The Firm looks to invest $5 to $25 million per transaction to support growth initiatives, liquidity for founders/investors, or acquisitions. Prospective companies are generally are b2b, offering mission-critical services. Arrowroot was formed in 2014 and is based in Marina Del Rey, California.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 12 |
| Sector: Software M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 5 of 6 |
| State: New York M&A | 1 of 2 |
| Country: United States M&A | 9 of 12 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-21 |
MemberSuite
Atlanta, Georgia, United States MemberSuite is the premier software and services provider of cloud-based association management software solutions for associations and nonprofits of all sizes. MemberSuite is exclusively focused on providing organizations with enterprise-level applications that deliver the features, functionality, integration, and support that empowers staff and engages membership. MemberSuite was founded in 2008 and is based in Atlanta, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-20 |
iLearningEngines
Bethesda, Maryland, United States iLearningEngines is a cloud-based, AI-driven mission-critical training for enterprises. iLearningEngines was founded in 2010 and is based in Bethesda, Maryland. |
Sell | - |
