M&A Deal Summary |
|
|---|---|
| Date | 2005-12-15 |
| Target | Numara Software |
| Sector | Software |
| Buyer(s) |
TA Associates
Updata Partners |
| Sellers(s) | Intuit |
| Deal Type | Divestiture |
| Deal Value | 200M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1968 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 132 of 364 |
| Sector (Software) | 31 of 86 |
| Type (Divestiture) | 2 of 9 |
| State (Florida) | 9 of 17 |
| Country (United States) | 122 of 263 |
| Year (2005) | 11 of 11 |
| Size (of disclosed) | 12 of 22 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-12-08 |
Douglas Laboratories
Pittsburgh, Pennsylvania, United States Douglas Laboratories is a manufacturer, packager and distributor of vitamins, herbs and minerals. The company sells vitamins directly to doctors and other vitamin companies. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-01-13 |
Webhire
Lexington, Massachusetts, United States Webhire is a provider of end-to-end recruiting solutions that help employers use the web to quickly and cost-effectively connect with job-seekers and efficiently manage the hiring process. |
Sell | $34M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.5B USD |
| Size | Middle-Market |
| Type | Sector Focused |
Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $100 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 65 |
| Sector (Software) | 7 of 29 |
| Type (Divestiture) | 2 of 3 |
| State (Florida) | 2 of 3 |
| Country (United States) | 15 of 55 |
| Year (2005) | 4 of 4 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-10-25 |
The GETPAID
Parsippany, New Jersey, United States The GETPAID Corporation is a proivder of credit, collections and dispute resolution software and solutions. Established in 1983, the GETPAID Software application is used to manage billions in past due receivables in more than 550 companies in the U.S. and abroad. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-04-19 |
e-Security
Vienna, Virginia, United States e-Security, Inc. offers a security management platform that integrates and consolidates an enterprise's multiple security solutions to provide a comprehensive view of the entire security environment. |
Sell | $72M |
Intuit is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company's flagship products and services help customers solve business and financial management problems, such as running a small business, paying bills, filing income taxes, or managing personal finances. ProSeries and Lacerte are Intuit’s tax preparation offerings for professional accountants. Intuit's products and services are available in the United States, Canada, the United Kingdom, Australia, India and Singapore. Intuit was formed in 1983 and is based in Mountain View, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 12 |
| Sector (Software) | 1 of 4 |
| Type (Divestiture) | 2 of 10 |
| State (Florida) | 1 of 1 |
| Country (United States) | 2 of 12 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-11-02 |
My Business Services
Agoura Hills, California, United States MyCorporation.com is a provider of incorporation and related corporate services to customers on-line. MyCorporation.com's offerings enable customers to complete entity formation, trademark searches and registrations, copyright registrations, DBA registrations and appointment of agents. |
Buy | $20M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-13 |
StepUp Commerce
San Francisco, California, United States StepUp is a local shopping services company that helps retailers use the Internet to display their in-store products. StepUp's mission is to expose local inventory information from retailers of all sizes to consumers wherever they are browsing products online. Its patent-pending inventory extraction tools make it easy for any store to capitalize on online consumers’ growing reliance on the web for locating products to buy locally. |
Buy | $60M |
