M&A Deal Summary |
|
|---|---|
| Date | 2022-04-26 |
| Target | Rizing |
| Sector | Information Technology |
| Buyer(s) | Wipro |
| Sellers(s) |
One Equity Partners
LLR Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Guggenheim Securities (Financial) |
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| Category | Company |
|---|---|
| Founded | 1945 |
| Sector | Information Technology |
| Employees | 220,000 |
| Revenue | 897.6B INR (2024) |
Wipro is a global information technology, consulting, and outsourcing company with 145,000 employees serving over 900 clients in 60 countries. The company helps customers to do business better by leveraging its industry-wide experience, deep technology expertise, comprehensive portfolio of services, and a vertically aligned business model. Wipro was founded in 1945 and is based in Bengaluru, India.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 27 |
| Sector (Information Technology) | 16 of 17 |
| Type (Add-on Acquisition) | 22 of 23 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 14 of 15 |
| Year (2022) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-11 |
Convergence Acceleration Solutions
Roswell, Georgia, United States Convergence Acceleration Solutions is a consulting and program management company that specializes in driving large-scale business and technology transformation for Fortune 100 communications service providers. Convergence Acceleration Solutions was founded in 2007 and is based in Roswell, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-13 |
Aggne
Tampa, Florida, United States Aggne is a consulting and managed services company serving the insurance and Insurtech industries. The company offers a wide range of services designed to help insurers transform operations, drive new efficiencies, and deliver optimal customer experiences. Its services include IP-led consulting, implementation, and managed services with a strong focus on the Duck Creek platform a full suite of cloud-based, low-code products that enable P&C insurers to fast-track product development and drive ongoing innovation. Aggne is based in Tampa, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
One Equity Partners (OEP) is a private equity firm that targets buyout and growth capital investments in North America, Europe, and Asia. OEP prefers to be the lead investor and typically commits $30 to $300 million per transaction. Sectors of interest include industrial products/services, consumer, retail, chemicals, media, communications, and healthcare. One Equity Partners was formed in 2001 and spun out of JP Morgan Chase in 2015. One Equity Partners is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 55 |
| Sector (Information Technology) | 11 of 12 |
| Type (Add-on Acquisition) | 33 of 35 |
| State (Connecticut) | 2 of 2 |
| Country (United States) | 35 of 37 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-14 |
PGW Auto Glass
Cranberry Twp, Pennsylvania, United States PGW Auto Glass is an independent distributor of aftermarket glass for the North American automotive sector. The company utilizes a fleet of 500 customized glass delivery vehicles to distribute windshields, tempered glass, and sundries to over 9,000 installation customers. PGW Auto Glass is based in Cranberry Twp, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-05 |
React Health
Sarasota, Florida, United States React Health is a manufacturer and distributor of respiratory management and sleep therapy supplies, oxygen concentrators, and equipment disinfection products. React Health is committed to providing innovative diagnostic, sleep, and respiratory therapy devices, and related disinfection and cleansing offerings. React Health is based in Winter Haven, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $30 to $150 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 65 of 75 |
| Sector (Information Technology) | 13 of 16 |
| Type (Add-on Acquisition) | 40 of 47 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 64 of 74 |
| Year (2022) | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-14 |
RapidRatings
New York, New York, United States RapidRatings is a risk management analytics provider used to understand the financial health of third parties, including suppliers, customers, underwriting counterparties, borrowers, and investors. RapidRatings was founded in 2001 and is based in New York City. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-12 |
AdeptAg
Oberlin, Ohio, United States AdeptAg offers turnkey design, automation solutions, irrigation systems, and services for any controlled environment production needs. The company provides professional horticultural and controlled-environment growers a complete platform of best-in-class, integrated solutions for maximizing yields and productivity. AdeptAg is based in Oberlin, Ohio. |
Buy | - |
