M&A Deal Summary |
|
|---|---|
| Date | 2022-11-01 |
| Target | Neovia Logistics |
| Sector | Transportation |
| Buyer(s) |
Vector Capital
Oaktree Capital Management Ares Private Equity Group |
| Sellers(s) |
Goldman Sachs Merchant Banking
Rhône Group |
| Deal Type | Recapitalization |
| Advisor(s) | Centerview Partners Alvarez & Marsal (Financial) Davis Polk & Wardwell (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Focused |
Vector Capital is a private equity firm specializing in spinouts, buyouts and recapitalizations of established technology businesses. Vector targets both public and private company investments. Prospective businesses typically have strong customer bases, high gross margins, and at least $30 million in sales. Vector Capital was formed in 1997, after spinning out from Ziff Brothers Investments. The Firm is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 52 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 2 of 2 |
| State: Texas M&A | 5 of 5 |
| Country: United States M&A | 40 of 43 |
| Year: 2022 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-21 |
Malwarebytes
Santa Clara, California, United States Malwarebytes provides anti-malware and anti-exploit software designed to protect businesses and consumers against zero-day threats that consistently escape detection by traditional antivirus solutions. Malwarebytes was founded in 2008 and is based in Santa Clara, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-03 |
MarkLogic
Redwood City, California, United States MarkLogic is a provider of enterprise data integration and data management solutions. MarkLogic’s technology simplifies the integration of enterprise data across silos to provide immediate business value. MarkLogic Data Hub Service is a fully managed cloud data platform that is able to reliably assemble raw data, index it in real-time for powerful semantic search, and provide the ability to securely run operational and analytical applications at scale. MarkLogic was founded in 2001 and is based in Redwood City, California. |
Sell | $355M |
| Category | Asset Manager |
|---|---|
| Founded | 1995 |
| PE ASSETS | 26.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.
| DEAL STATS | # |
|---|---|
| Overall | 115 of 129 |
| Sector: Transportation M&A | 5 of 6 |
| Type: Recapitalization M&A Deals | 4 of 4 |
| State: Texas M&A | 10 of 11 |
| Country: United States M&A | 72 of 83 |
| Year: 2022 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-22 |
Sani/Ikos Group
Halkidiki, Greece Sani/Ikos Group is an operator of a luxury beach resort group that currently owns and operates in excess of 2,700 rooms spread across 10 unique resorts in Greece and Spain. Sani/Ikos Group is based in Halkidiki, Greece. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-08 |
Sterling
Phoenix, Illinois, United States Sterling is a North American provider of access, crane, and outrigger mats to owners and constructors of energy and power infrastructure, particularly electric transmission & distribution and oil & gas pipelines. Sterling also provides turnkey matting solution services, including access planning, site preparation, mat installation and removal, and site restoration. Sterling’s matting solutions help protect the environment, increase construction efficiency, and play a critical role in ensuring jobsite safety. Sterling was founded in 1949 and is based in Phoenix, Illinois. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 24.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ares Private Equity Group is the private equity arm of Ares Management, a global alternative asset manager. The Ares Private Equity Group specializes in opportunistic majority/shared control investments in under-capitalized middle-market companies. Ares looks for companies with strong franchises and attractive growth opportunities. The Group prefers to be the lead investor and will invest across the capital structure, including common equity, preferred equity, convertible equity/debt and senior debt. Areas of interest include business services, defense, healthcare, manufacturing, industrial, energy and consumer products and services. Ares Private Equity Group was formed in 2003 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 114 of 126 |
| Sector: Transportation M&A | 2 of 3 |
| Type: Recapitalization M&A Deals | 4 of 4 |
| State: Texas M&A | 13 of 13 |
| Country: United States M&A | 84 of 93 |
| Year: 2022 M&A | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-07 |
XR Extreme Reach
New York, New York, United States XR Extreme Reach is a provider of integrated cross-media video advertising and talent solutions that span TV, Web, Mobile, and all other video media. XR Extreme Reach was founded in 2008 and is based in New York, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-20 |
Eagle Football
London, United Kingdom Eagle Football is focusing on historic, top-level clubs in major markets, fostering collaboration between clubs and communities to improve fan enjoyment and strengthen competitive outcomes. Eagle Football is based in London, United Kingdom. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 115 of 126 |
| Sector: Transportation M&A | 3 of 3 |
| Type: Recapitalization M&A Deals | 3 of 3 |
| State: Texas M&A | 7 of 7 |
| Country: United States M&A | 82 of 90 |
| Year: 2022 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-09 |
Blue Nile
Seattle, Washington, United States Blue Nile is an online retailer of diamonds and fine jewelry. Blue Nile offers a customer experience that includes education, guidance, selection, customization capability, convenience and value. Blue Nile, Inc. was formed in 1999 and is headquartered in Seattle, Washington. |
Sell | $360M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-23 |
LeasePlan
Amsterdam, Netherlands LeasePlan is a global provider of automotive fleet management and driver mobility services. Leaseplan operates in 32 countries and manages a fleet of over 1.55 million vehicles representing a total asset value of €21.4bn. LeasePlan was founded in 1963 and is based in Amsterdam, Netherlands. |
Sell | €4.9B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Rhône Group is a private equity and financial advisory firm focused on large-scale buyouts across North America and Western Europe. Areas of interest include energy, materials, industrials, retail, consumer products, healthcare, and financial services. Rhône was formed in 1995 and has offices in New York, Paris, and London.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 18 |
| Sector: Transportation M&A | 2 of 2 |
| Type: Recapitalization M&A Deals | 2 of 2 |
| State: Texas M&A | 2 of 3 |
| Country: United States M&A | 7 of 8 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-11 |
Paragon Films
Broken Arrow, Oklahoma, United States Paragon Films is a manufacturer of high-performance cast stretch films that are principally used to unitize loads while in storage and transit. Paragon Films produces thin-gauge films which outperform competitors in terms of quality, consistency, and value. Paragon Films was founded in 1988 and is based in Broken Arrow, Oklahoma. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-15 |
Fogo de Chao
Dallas, Texas, United States Fogo de Chao is a Brazilian steakhouse, or churrascaria, which has specialized in fire-roasting high-quality meats utilizing the centuries-old Southern Brazilian cooking technique of churrasco. Fogo de Chao was founded in 1979 and is based in Dallas, Texas. |
Sell | - |