TT Capital Partners Mergers and Acquisitions Summary

Growth Capital Firm Profile

In the last 3 years, TT Capital Partners has acquired 1 company. It has also invested in 4 others.

TT Capital Partners’ most common sectors for investment areinformation technology (34%) and healthcare services (20%) . The Firm’s most common investment types include growth capital (60%) and venture (27%). In total, TT Capital Partners has invested in 11 US states and 2 different countries.

In the last 3 years, TT Capital Partners has exited 4 companies. The Firm’s most common exit type is trade sale (80%).

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M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity15
    • M&A Sell Activity5
  • Total Sectors Invested 6
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 10
  • M&A Advisors 2

TT Capital Partners

TTCP Management Services, LLC

3600 Minnesota Drive, Suite 250,
Minneapolis, Minnesota 55435
United States
(952) 540-4500
www.ttcapitalpartners.com
info@ttcapitalpartners.com

TT Capital Partners is the investment arm of financial advisory firm TripleTree. TT Capital Partners invests in emerging healthcare technology and services companies with the potential to be market leaders across disruptive themes in healthcare. TT Capital Partners is based in Minneapolis, Minnesota.


Investment Criteria

Sectors of Interest: Healthcare Services, Information Technology, Internet Software and Services, Life Science, Medical Products, Software

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Venture

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue 10 50
Target EBITDA - -
Investment Size 10 50
Enterprise Value 25 100
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.4/yr) # 8 2 3 1 1 - 15
Sell (1.0/yr) # - 1 1 1 - 2 5
  20

Most Recent M&A

Company Date Value Type
Actium Health 2024-03-20 - Trade Sale
Palo Alto, California · www.actiumhealth.com
Twill, Inc. 2024-02-21 - Trade Sale
New York, New York · www.twill.health
Pyx Health, Inc. 2023-07-20 - Secondary Buyout
Tucson, Arizona · www.pyxhealth.com
CareConnectMD 2022-07-05 - Venture
Costa Mesa, California · www.careconnectmd.com
Audacious Inquiry LLC 2022-03-16 - Trade Sale
Baltimore, Maryland · www.ainq.com
MediStreams LLC 2021-10-21 - Growth Capital
Roswell, Georgia · www.medistreams.com
InHome Therapy 2021-10-08 - Growth Capital
King of Prussia, Pennsylvania · www.inhometherapy.com
Propio Language Services 2021-06-15 - Growth Capital
Overland Park, Kansas · www.propio-ls.com
Icario, Inc. 2021-05-04 - Secondary Sale
Minneapolis, Minnesota · www.icariohealth.com
CorroHealth, Inc. 2020-09-30 - Consolidation
Plano, Texas · www.corrohealth.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
CorroHealth, Inc. 2020-09-30 Aergo Solutions LLC 2022-05-25 7
Plano, Texas · www.corrohealth.com Iselin, New Jersey · www.aergo.com
CorroHealth, Inc. 2020-09-30 ParaRev 2022-05-18 6
Plano, Texas · www.corrohealth.com Elgin, Illinois · www.pararevenue.com
CorroHealth, Inc. 2020-09-30 T-System, Inc. 2020-09-30 5
Plano, Texas · www.corrohealth.com Dallas, Texas · www.tsystem.com
CorroHealth, Inc. 2020-09-30 Visionary RCM Infotech (India) Pvt. Ltd. 2020-09-30 4
Plano, Texas · www.corrohealth.com Chennai, India · www.visionaryrcm.com

M&A by Sector

Sector Current # Value All-time # Value
Information Technology 3 (27%) - 5 (33%) -
Healthcare Services 2 (18%) - 3 (20%) -
Business Services 2 (18%) - 2 (13%) -
Internet Software and Services 2 (18%) - 2 (13%) -
Software 1 (9%) - 2 (13%) -
Life Science 1 (9%) - 1 (7%) -
Total 11 - 15 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 10 (91%) - 14 (93%) -
  California 2 (18%) - 3 (20%) -
  New York 1 (9%) - 2 (13%) -
  Washington 1 (9%) - 1 (7%) -
  Texas 1 (9%) - 1 (7%) -
  Pennsylvania 1 (9%) - 1 (7%) -
  Kansas 1 (9%) - 1 (7%) -
  Georgia 1 (9%) - 1 (7%) -
  Florida 1 (9%) - 1 (7%) -
  Arizona 1 (9%) - 1 (7%) -
  Minnesota - - 1 (7%) -
  Maryland - - 1 (7%) -
United Kingdom 1 (9%) - 1 (7%) -
Total 11 - 15 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 6 (55%) - 9 (60%) -
Venture 3 (27%) - 4 (27%) -
Consolidation 1 (9%) - 1 (7%) -
Secondary Buyout 1 (9%) - 1 (7%) -
Total 11 - 15 -

Exits by Deal Type

Type Total # Value
Trade Sale 3 (60%) -
Secondary Sale 1 (20%) -
Trade Sale - Public Company 1 (20%) -
Total 5 -

Top M&A Advisors

Legal Deals
Bass, Berry & Sims PLC
3
Faegre Drinker Biddle & Reath LLP
1

M&A Connections

Deals
Acquired from
Investor(s)
7%
1 (7%)
Exited to
Investor(s)
20%
1 (20%)
Strategic(s)
80%
4 (80%)

FAQ

When was TT Capital Partners founded?

TT Capital Partners was founded in 2011.

What type of investor is TT Capital Partners?

TT Capital Partners is a growth capital firm.

Where is TT Capital Partners headquartered?

TT Capital Partners is headquartered in Minneapolis, Minnesota.

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