M&A Deal Summary |
|
|---|---|
| Date | 2022-08-08 |
| Target | Avalara |
| Sector | Internet Software and Services |
| Buyer(s) |
Vista Equity Partners
Mubadala Capital BlackRock |
| Deal Type | Going Private |
| Deal Value | 8.4B USD |
| Advisor(s) | Goldman Sachs (Financial) Simpson Thacher & Bartlett Perkins Coie (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 100.0B USD |
| Size | Mega |
| Type | Sector Focused |
Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 132 of 153 |
| Sector: Internet Software and Services M&A | 42 of 51 |
| Type: Going Private M&A Deals | 19 of 25 |
| State: Washington M&A | 2 of 4 |
| Country: United States M&A | 122 of 141 |
| Year: 2022 M&A | 5 of 7 |
| Size (of disclosed) | 3 of 33 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-13 |
Tomia
Vienna, Virginia, United States Tomia is a provider of interconnect and settlement software solutions to telecom communication service providers (CSPs) worldwide. The Company’s products drive ROI for customers by enabling and optimizing the connecting, routing, and transfer of voice, video, and data from one CSP’s network to another. Tomia supports a global community of over 4,000 carriers, including 38 of the top 40, and processes over 300 billion voice, SMS, content, and data minutes each year. Tomia was founded in 1996 and is based in Vienna, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-01 |
Citrix
Fort Lauderdale, Florida, United States Citrix develops and sells products and services that enable the secure and reliable delivery of applications and data over public, private, or hybrid clouds or networks, to virtually any type of device. The Company markets and licenses its products directly to customers, over the Web, and through systems integrators, or SIs, in addition, to indirectly through value-added resellers, or VARs, value-added distributors, or VADs, original equipment manufacturers, or OEMs and service providers. Citrix was established in 1989 and is based in Ft. Lauderdale, Florida. |
Sell | - |
| Category | Sovereign Wealth Fund |
|---|---|
| Founded | 2002 |
| PE ASSETS | 276.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Mubadala Capital is a private equity firm focused on investing capital across a range of assets worldwide. The Firm primarily invests in private and public assets, but also considers credit, real estate, and alternatives. Mubadala invests in a variety of sectors including industrials, healthcare, energy, renewables, financial services, infrastructure, and business services. Mubadala Capital was founded in 2008 and is headquartered in Abu Dhabi, United Arab Emirates.
| DEAL STATS | # |
|---|---|
| Overall | 36 of 44 |
| Sector: Internet Software and Services M&A | 2 of 2 |
| Type: Going Private M&A Deals | 3 of 4 |
| State: Washington M&A | 1 of 1 |
| Country: United States M&A | 9 of 12 |
| Year: 2022 M&A | 7 of 9 |
| Size (of disclosed) | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-08 |
Canada Cartage
Mississauga, Ontario, Canada Canada Cartage is a provider of customer-located, dedicated trucking services and warehouse solutions to specific customers and reside at their locations. Canada Cartage was founded in 1914 and is based in Mississauga, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-18 |
TruFood Manufacturing
Pittsburgh, Pennsylvania, United States TruFood Manufacturing is a contract manufacturer of branded and private-label nutrition bars, protein bars, chocolate moulded products, and baked goods. TruFood Manufacturing's products are sold at the club, grocery, drug, convenience, and department stores worldwide. TruFood Manufacturing was founded in 2002 and is based in Pittsburgh, Pennsylvania. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Financial Services |
| Employees | 19,800 |
| Revenue | 20.4B USD (2024) |
BlackRock provides investment management, risk management, and advisory services for institutional and retail clients worldwide. BlackRock was founded in 1988 and is headquartered in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 12 |
| Sector: Internet Software and Services M&A | 2 of 2 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: Washington M&A | 1 of 1 |
| Country: United States M&A | 5 of 8 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-14 |
Clarity AI
Madrid, Spain Clarity AI is a provider of sustainability analytics and data science platform. Clarity AI is based in Madrid, Spain. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-13 |
AutoAlert
Kansas City, Missouri, United States AutoAlert is a provider of data analytic and lead-generation solutions to the automotive dealership industry. AutoAlert was formed in 2002 and is based in Kansas City, Missouri. |
Buy | - |
