Investment Summary |
|
|---|---|
| Date | 2002-01-01 |
| Target | Everest Software |
| Sector | Software |
| Investor(s) | Updata Partners |
| Deal Type | Venture |
SEARCH BY
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $150 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 68 |
| Sector: Software M&A | 3 of 33 |
| Type: Venture M&A Deals | 4 of 43 |
| State: Virginia M&A | 2 of 8 |
| Country: United States M&A | 5 of 58 |
| Year: 2002 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-01 |
Netkey
East Haven, Connecticut, United States Netkey develops, markets and supports innovative software products that allow companies to manage high volumes of self-service customer transactions and increase opportunities for multi-channel sales. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-08 |
The Kernel Group
Austin, Texas, United States The Kernel Group is a software company. |
Sell | - |
