M&A Deal Summary

ZMC Acquires Simeio

On February 3, 2020, private equity firm ZMC acquired information technology company Simeio from Welsh Carson Anderson & Stowe

Acquisition Highlights
  • This is ZMC’s 2nd transaction in the Information Technology sector.
  • This is ZMC’s 14th transaction in the United States.
  • This is ZMC’s 1st transaction in Georgia.

M&A Deal Summary

Date 2020-02-03
Target Simeio
Sector Information Technology
Buyer(s) ZMC
Sellers(s) Welsh Carson Anderson & Stowe
Deal Type Secondary Buyout
Advisor(s) William Blair
Guggenheim Securities (Financial)
Ropes & Gray (Legal)

Target

Simeio

Alpharetta, Georgia, United States
Simeio is a provider of IAM solutions to enterprises, delivering its unique Identity-as-a-Service solution through its proprietary Identity Orchestrator technology platform and its global, multi-site Identity Intelligence Center. Simeio is based in Alpharetta, Georgia.

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Buyer(S) 1

Buyer
DESCRIPTION

Zelnick Media Capital (ZMC) is a private equity firm focused on the media and communications sectors. ZMC looks to partner with management teams when pursuing transactions and will consider a variety of transaction situations, including growth-oriented investments and companies in need of operational improvement. Zelnick Media Capital was formed in 2001 and is based in New York City.


DEAL STATS #
Overall 15 of 21
Sector (Information Technology) 2 of 2
Type (Secondary Buyout) 3 of 6
State (Georgia) 1 of 1
Country (United States) 14 of 20
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-11 CommentSold

Huntsville, Alabama, United States

CommentSold is a provider of multi-channel social commerce technology and managed services to boutique online retailers. The Company provides a variety of commerce enablement services including order intake, payment, fulfillment, live selling tools, and analytics which is delivered through a proprietary SaaS platform, allowing customers to sell on social platforms and mobile apps. CommentSold was founded in 2017 and is based in Huntsville, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 Second City

Chicago, Illinois, United States

Second City is a premier comedy brand, focused on entertaining, inspiring, and transforming through courageous comedy. Second City was founded in 1959 and is based in Chicago, Illinois.

Buy -

Seller(S) 1

SELLER

Welsh Carson Anderson & Stowe

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1979
PE ASSETS 31.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Welsh Carson Anderson & Stowe (WCAS) is a mega-sized, specialist private equity firm focused on investments in growth-oriented companies operating within the healthcare and technology/tech-enabled services industries. WCAS will consider small and large transactions; including venture investments, growth equity investments, buy-and-build transactions, public-to-private acquisitions, and corporate carve-outs. The Firm prefers control situations and generally seeks opportunities in the US. Welsh Carson Anderson & Stowe was formed in 1979 and is based in New York City.


DEAL STATS #
Overall 64 of 75
Sector (Information Technology) 11 of 12
Type (Secondary Buyout) 12 of 15
State (Georgia) 2 of 2
Country (United States) 61 of 72
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 CenterWell Senior Primary Care

Louisville, Kentucky, United States

CenterWell Senior Primary Care is a senior-focused, value-based care providers. CenterWell Senior Primary Care is based in Louisville, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-09 Valeritas

Bridgewater, New Jersey, United States

Valeritas, Inc. is a commercial-stage medical technology company focused on improving health and simplifying life for people with diabetes by developing and commercializing innovative technologies. Valeritas, Inc. designed the first commercialized product, the V-Go Wearable Insulin Delivery Device, or V-Go, to help patients with Type 2 diabetes who require insulin to achieve and maintain their target blood glucose goals.

Sell -