M&A Deal Summary |
|
|---|---|
| Date | 2006-08-17 |
| Target | WatchGuard |
| Sector | Information Technology |
| Buyer(s) |
Vector Capital
Francisco Partners |
| Deal Type | Going Private |
| Deal Value | 151M USD |
| Advisor(s) | Wells Fargo Securities (Financial) |
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| 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 | 8 of 49 |
| Sector (Information Technology) | 1 of 10 |
| Type (Going Private) | 3 of 16 |
| State (Washington) | 1 of 3 |
| Country (United States) | 7 of 41 |
| Year (2006) | 1 of 2 |
| Size (of disclosed) | 11 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-31 |
ProcessClaims
Manhattan Beach, California, United States ProcessClaims, Inc. is a provider of software connectivity and business process solutions designed to boost productivity, enhance customer service and deliver significant return on existing IT investments. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-10-15 |
Open Solutions
Glastonbury, Connecticut, United States Open Solutions LLC is a provider of software and software-enabled outsourcing solutions to banks, thrifts and credit unions. |
Buy | $1.3B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 45.0B USD |
| Size | Mega |
| Type | Sector Focused |
Francisco Partners is a private equity firm focused exclusively on investments in technology and technology-enabled services. Specific areas of interest include semiconductors, capital equipment, electronics components, systems and manufacturing, IT services and business process outsourcing, communications, security and enterprise applications, and infrastructure software. Prospective investment situations include divisional buyouts, growth equity financings, acquisitions of private companies, sponsored mergers and acquisitions, and take-privates. Francisco Partners looks for opportunities where it can commit a minimum of $100 million per investment. Francisco Partners was formed in 1999 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 157 |
| Sector (Information Technology) | 4 of 28 |
| Type (Going Private) | 2 of 16 |
| State (Washington) | 3 of 7 |
| Country (United States) | 19 of 132 |
| Year (2006) | 5 of 6 |
| Size (of disclosed) | 21 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-07-26 |
Ex Libris Group
Jerusalem, Israel Ex Libris is a provider of software solutions for libraries, academic institutions and information centers. The Company's products are used by libraries to acquire, manage, deliver, and allow their users to discover, both their physical and electronic resources. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-12 |
Metrologic Instruments
Blackwood, New Jersey, United States Metrologic Instruments, Inc. is a supplier of choice for data capture and collection hardware and software. The company uses its expertise to design, manufacture and market sophisticated imaging and scanning solutions serving a variety of retail, commercial and industrial applications. Metrologic offers 1D and 2D bar code reading, optical character recognition and image lift capabilities and has been delivering innovative, quality products that are cost effective, reliable and supported by the highest level of personal service for nearly 40 years. |
Buy | $420M |
