M&A Deal Summary |
|
|---|---|
| Date | 2021-07-19 |
| Target | DRB |
| Sector | Software |
| Buyer(s) | Vontier |
| Sellers(s) | New Mountain Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 965M USD |
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| Category | Company |
|---|---|
| Sector | Information Technology |
| Employees | 8,000 |
| Revenue | 3.1B USD (2023) |
Vontier is a global industrial technology company focused on transportation and mobility solutions. The company’s portfolio of trusted brands includes market-leading expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities end-markets. Vontier’s innovative products, services, and software advance efficiency, safety, security, and environmental compliance worldwide. Vontier is based in Raleigh, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector (Software) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-08 |
Driivz
Hod Hasharon, Israel Driivz is a global software supplier to EV operators and service providers, accelerating the plug-in EV industry's dynamic and continuous transformation. The company's intelligent, cloud-based platform spans EV charging operations, energy management, advanced billing capabilities and driver self-service tools. Driivz's team of EV experts serve customers in more than 20 countries, including global industry players such as Volvo Group, EVgo, Gilbarco Veeder-Root, ElaadNL, ESB, Mer and eMobility Power. Its platform manages tens of thousands of EV chargers in North America, Europe, and APAC, used by almost 1 million EV drivers. Driivz was formed in 2013 and is based in Hod Hasharon, Israel. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 35.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 45 |
| Sector (Software) | 6 of 7 |
| Type (Add-on Acquisition) | 18 of 22 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 35 of 42 |
| Year (2021) | 7 of 9 |
| Size (of disclosed) | 10 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-07 |
Ascensus Specialties
Bellevue, Washington, United States Ascensus Specialties is a manufacturer of specialty chemicals primarily in two end-markets: pharmaceutical drug manufacturing and pulp & paper processing. In pharmaceutical drug manufacturing, sodium borohydride is used as a reducing agent. In pulp & paper processing, sodium borohydride is used as a bleaching agent to prepare paper products for end-customer use. Ascensus Specialties was founded 2014 and is based in Bellevue, Washington. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-01 |
Finvi
Muncie, Indiana, United States Finvi is a provider of enterprise software that automates complex workflows and accelerates revenue recovery for clients in the healthcare, accounts receivable management (ARM), and government markets. Finvi was founded in 1980 and is based in Muncie, Indiana. |
Sell | - |
