M&A Deal Summary

West Partners Acquires D3 Technology

On June 22, 2016, family office West Partners acquired software company D3 Technology for 10M USD

Acquisition Highlights
  • This is West Partners’ 2nd transaction in the Software sector.
  • This is West Partners’ largest (disclosed) transaction.
  • This is West Partners’ 5th transaction in the United States.
  • This is West Partners’ 4th transaction in Nebraska.
Investment Fate
  • D3 Technology was sold to a publicly-traded strategic buyer in 2019.

M&A Deal Summary

Date 2016-06-22
Target D3 Technology
Sector Software
Buyer(s) West Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 10M USD

Target

D3 Technology

Omaha, Nebraska, United States
website
D3 Technology, Inc. is a provider of digital banking software to regional and mid-sized financial institutions in North America. Its software platform allows financial institutions to provide their customers the most advanced digital banking capabilities available in the market, supporting a wide range of digital channels including browsers and smartphones, available as an on-premise deployment or in a SaaS model.

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Buyer(S) 1

DESCRIPTION

West Partners is a private investment firm focused on acquiring controlling stakes in companies operating in growing markets and strong management teams. The Firm will consider companies throughout the US and looks to invest $10 to $100 million per transaction. West Partners does not have any sector preferences and will consider a variety of situations, including buyouts, growth equity financings, shareholder liquidity needs, corporate divestitures, and special situations. West Partners was formed in 2007 and is based in Carlsbad, California.


DEAL STATS #
Overall 5 of 5
Sector (Software) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Nebraska) 4 of 4
Country (United States) 5 of 5
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-16 eX2 Technology

Omaha, Nebraska, United States

eX2 Technology is a provider of secure broadband networks and critical communications infrastructure, often through public-private partnerships, to support rural broadband, intelligent transportation, telehealth, public safety, and large educational institutions. eX2 Technology was formed in 2015 and is based in Omaha, Nebraska.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 eX2 Technology

Omaha, Nebraska, United States

eX2 Technology is a provider of secure broadband networks and critical communications infrastructure, often through public-private partnerships, to support rural broadband, intelligent transportation, telehealth, public safety, and large educational institutions. eX2 Technology was formed in 2015 and is based in Omaha, Nebraska.

Sell -