Investment Summary

Updata Partners Invests In PerformYard

On January 9, 2024, growth capital firm Updata Partners invested in software company PerformYard

Investment Highlights
  • This is Updata Partners’ 33rd transaction in the Software sector.
  • This is Updata Partners’ 58th transaction in the United States.
  • This is Updata Partners’ 8th transaction in Virginia.

Investment Summary

Date 2024-01-09
Target PerformYard
Sector Software
Investor(s) Updata Partners
Deal Type Growth Capital

Target

PerformYard

Arlington, Virginia, United States
PerformYard is a performance management solution that helps organizations of all sizes facilitate employee evaluations, goal tracking, and feedback processes. PerformYard was founded in 2013 and is based in Arlington, Virginia.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Updata Partners

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1998
PE ASSETS 1.5B USD
Size Large
Type Sector Focused
DESCRIPTION

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 $150 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 68 of 68
Sector: Software M&A 33 of 33
Type: Growth Capital M&A Deals 16 of 16
State: Virginia M&A 8 of 8
Country: United States M&A 58 of 58
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 FusionAuth

Westminster, Colorado, United States

FusionAuth is a configurable, developer-oriented customer identity platform that allows developers to seamlessly add best-of-breed login functionality to their applications. FusionAuth was founded in 2018 and is based in Westminster, Colorado. ‍

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-15 Uberflip

Toronto, Ontario, Canada

Uberflip is a cloud-based content experience platform that empowers B2B marketers to create personalized content experiences at scale. By providing marketers with the tools they need to boost engagement, generate leads, and fuel demand generation, they can better leverage content to meet their goals. Uberflip was founded in 2012 and is based in Toronto, Ontario.

Sell -