M&A Deal Summary |
|
|---|---|
| Date | 2014-04-24 |
| Target | PayScale |
| Sector | Software |
| Buyer(s) | Warburg Pincus |
| Sellers(s) | Montlake Capital |
| Deal Type | Recapitalization |
| Advisor(s) | Raymond James - Investment Banking (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1966 |
| PE ASSETS | 83.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 253 of 492 |
| Sector: Software M&A | 13 of 35 |
| Type: Recapitalization M&A Deals | 4 of 7 |
| State: Washington M&A | 4 of 5 |
| Country: United States M&A | 134 of 241 |
| Year: 2014 M&A | 13 of 25 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-18 |
Sterling Financial
Lancaster, Pennsylvania, United States Sterling Financial Corp. a bank holding company for Sterling Savings Bank, a state-chartered and federally insured commercial bank. Sterling offers banking products and services, mortgage lending, construction financing and investment products to individuals, small businesses, commercial organizations and corporations. Sterling operates 178 deposit-taking branches in Washington, Oregon, Idaho, Montana and California. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-28 |
Alignment Healthcare
Orange, California, United States Alignment Healthcare provides healthcare management services to providers, health plans, and hospitals. The company offers an end-to-end continuous care program, including clinical care coordination, risk management capabilities, and IT enablement. Alignment Healthcare was incorporated in 2013 and is headquartered in Orange, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| Size | Small |
| Type | Sector Agnostic |
Montlake Capital is a private equity firm focused on lower middle-market company investments in the Pacific Northwest US. The Firm looks to invest in businesses generating $20 to $100 million in sales and $1 to $10 million of EBITDA. Sectors of interest include business services, consumer products and services, heath and wellness, retail, technology products, and financial services. Prospective transaction situations include growth capital financings, buyouts, recapitalizations, search funds, and shareholder liquidity needs. Montlake Capital was formed in 1999 and is based in Seattle, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 17 |
| Sector: Software M&A | 1 of 1 |
| Type: Recapitalization M&A Deals | 1 of 1 |
| State: Washington M&A | 4 of 10 |
| Country: United States M&A | 6 of 17 |
| Year: 2014 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-31 |
Max-Viz
Portland, Oregon, United States Max-Viz develops enhanced vision systems (EVS) to improve aircraft safety and operational efficiency. The company?s EVS system uses infrared sensor technology to provide pilots with significantly improved visibility for takeoff, landing and ground operations during inclement weather or at night. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-23 |
Specified Fittings
Bellingham, Washington, United States Specified Fittings LLC is a manufacturer and distributor of polyvinyl chloride (PVC) and high-density polyethylene (HDPE) pipe fittings. Specified Fittings was founded in 1997 and is based in Bellingham, Washington. |
Buy | - |