M&A Deal Summary

Ven Capital Partners Acquires Eleven Software

On April 26, 2022, search fund Ven Capital Partners acquired internet software and services company Eleven Software

Acquisition Highlights
  • This is Ven Capital Partners’ 1st transaction in the Internet Software and Services sector.
  • This is Ven Capital Partners’ 1st transaction in the United States.
  • This is Ven Capital Partners’ 1st transaction in Oregon.

M&A Deal Summary

Date 2022-04-26
Target Eleven Software
Sector Internet Software and Services
Buyer(s) Ven Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Eleven Software

Portland, Oregon, United States
Eleven Software is a provider of cloud software for the hospitality, multifamily, and community Wi-Fi sectors. Eleven Software was founded in 2002 and is based in Portland, Oregon.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

Ven Capital Partners is a search fund focused on acquiring and managing a single business with $5 to $150 million of revenue. The Firm does not have any sector preferences but seeks businesses with recurring revenue, diverse customers, barriers to entry, and opportunities for growth. Ven Capital Partners was formed in 2021 and is based Henderson, Nevada.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1