M&A Deal Summary |
|
|---|---|
| Date | 2022-05-26 |
| Target | Salient Partners |
| Sector | Financial Services |
| Buyer(s) | Westwood Holdings Group |
| Sellers(s) | Summit Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Financial Services |
| Employees | 145 |
| Revenue | 90M USD (2023) |
Westwood Holdings Group is a provider of investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood Holdings Group was founded in 1983 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Financial Services) | 2 of 2 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Texas) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-01 |
Woodway Financial Advisors
Houston, Texas, United States Woodway Financial Advisors, Inc. is a Texas state-chartered trust company. Woodway manages more than $1.6 billion in client assets, working with individuals and their families to meet their financial objectives with tailor-made portfolios. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 275 of 286 |
| Sector (Financial Services) | 8 of 8 |
| Type (Add-on Acquisition) | 124 of 127 |
| State (Texas) | 16 of 16 |
| Country (United States) | 240 of 246 |
| Year (2022) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-04 |
ProGlove
Munich, Germany ProGlove is a provider of industrial wearables, that offers a scanner glove designed to improve the efficiency and effectiveness of scanning processes used across the manufacturing, logistics, transportation, and eCommerce/retail sectors. ProGlove was founded in 2014 and is based in Munich, Germany. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-01 |
StackAdapt
Toronto, Ontario, Canada StackAdapt is a self-serve programmatic advertising platform used by brands and agencies around the world. StackAdapt’s data-driven platform combines state-of-the-art machine learning with a clean and intuitive user interface to provide media buyers with an easy way to plan, execute and drive the best performance across devices, inventory and publishing partners. StackAdapt was founded in 2013 and is based in Toronto, Ontario. |
Buy | - |
