Level Equity Management Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Level Equity Management has acquired 2 companies. It has also invested in 8 others.

Level Equity Management’s most common sectors for investment areinternet software and services (55%) and software (26%) . The Firm’s most common investment types include venture (44%) and growth capital (39%). In total, Level Equity Management has invested in 22 US states and 7 different countries.

In the last 3 years, Level Equity Management has exited 4 companies. The Firm’s most common exit type is trade sale (54%).

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M&A Summary

  • M&A Total Activity69
    • M&A Buy Activity54
    • M&A Sell Activity15
  • Total Sectors Invested 8
  • Total Countries Invested 7
  • M&A Buy/Sell Connections 32
  • M&A Advisors 2

Level Equity Management LLC

140 East 45th Street, 42nd Floor,
New York, New York 10017
United States
(212) 660-2470
www.levelequity.com
information@levelequity.com

Level Equity Management LLC is a private investment firm focused on providing equity and structured capital to growth businesses. Sectors of interest include e-commerce, healthcare services, IT, internet software, and media. Level Equity Management was formed in 2009 and is based in New York City.


Investment Criteria

Sectors of Interest: E-Commerce, Healthcare Services, Information Technology, Internet Software and Services, Media, Software

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

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - -
Enterprise Value - -

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (4.0/yr) # 34 10 9 1 - - 54
Sell (1.4/yr) # 8 3 2 2 - - 15
  69

Most Recent M&A

Company Date Value Type
Groove Labs, Inc. 2023-08-14 - Add-on Acquisition
San Francisco, California · www.groove.co
WeSpire, Inc. 2023-05-31 - Add-on Acquisition
Boston, Massachusetts · www.wespire.com
Tripleseat Software LLC 2023-04-27 - Secondary Buyout
Concord, Massachusetts · www.tripleseat.com
TeamDynamix Solutions LLC 2022-12-21 - Secondary Buyout
Columbus, Ohio · www.teamdynamix.com
Mytonomy, Inc. 2022-07-28 - Venture
Bethesda, Maryland · www.mytonomy.com
RightData, Inc. 2022-06-20 - Venture
Atlanta, Georgia · www.getrightdata.com
HoxHunt Oy 2022-05-31 - Venture
Helsinki, Finland · www.hoxhunt.com
Radix, Inc. 2022-04-19 - Venture
Scottsdale, Arizona · www.radix.com
Instaclustr 2022-04-07 - Add-on Acquisition
Palo Alto, California · www.instaclustr.com
WorkHound Inc. 2022-03-16 - Venture
Chattanooga, Tennessee · www.workhound.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Planet DDS, Inc. 2019-08-01 Cloud 9 Software 2023-01-05 3
Newport Beach, California · www.planetdds.com Roswell, Georgia · www.cloud9.software
Planet DDS, Inc. 2019-08-01 QSIDental 2022-08-11 2
Newport Beach, California · www.planetdds.com Irvine, California · www.qsidental.com
Net Health 2017-12-18 PointRight, Inc. 2021-01-12 4
Pittsburgh, Pennsylvania · www.nethealth.com Cambridge, Massachusetts · www.pointright.com
Net Health 2017-12-18 Optima Healthcare Solutions, Inc. 2019-07-02 3
Pittsburgh, Pennsylvania · www.nethealth.com Palm City, Florida · www.optimahcs.com

M&A by Sector

Sector Current # Value All-time # Value
Internet Software and Services 19 (48%) - 30 (55%) -
Software 13 (33%) - 14 (25%) -
Information Technology 4 (10%) - 6 (11%) -
Furniture 1 (3%) - 1 (2%) -
Healthcare Services 1 (3%) - 1 (2%) -
Insurance - - 1 (2%) -
Leisure 1 (3%) - 1 (2%) -
Marketing 1 (3%) - 1 (2%) -
Total 40 - 55 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 32 (80%) - 46 (84%) -
  California 8 (20%) - 12 (22%) -
  Georgia 2 (5%) - 4 (7%) -
  Ohio 2 (5%) - 3 (5%) -
  Massachusetts 1 (3%) - 3 (5%) -
  Arizona 2 (5%) - 2 (4%) -
  Texas 2 (5%) - 2 (4%) -
  North Carolina 2 (5%) - 2 (4%) -
  Maryland 2 (5%) - 2 (4%) -
  Illinois 2 (5%) - 2 (4%) -
  Connecticut - - 2 (4%) -
  Washington 1 (3%) - 1 (2%) -
  Virginia 1 (3%) - 1 (2%) -
  Tennessee 1 (3%) - 1 (2%) -
  Pennsylvania 1 (3%) - 1 (2%) -
  Oregon 1 (3%) - 1 (2%) -
  Kansas 1 (3%) - 1 (2%) -
  Florida 1 (3%) - 1 (2%) -
  Delaware 1 (3%) - 1 (2%) -
  New York - - 1 (2%) -
  Nebraska - - 1 (2%) -
  Missouri - - 1 (2%) -
Canada 2 (5%) - 3 (5%) -
  Quebec 1 (3%) - 1 (2%) -
  Alberta 1 (3%) - 1 (2%) -
  Ontario - - 1 (2%) -
France 2 (5%) - 2 (4%) -
United Kingdom 1 (3%) - 1 (2%) -
Germany 1 (3%) - 1 (2%) -
Australia 1 (3%) - 1 (2%) -
Finland 1 (3%) - 1 (2%) -
Total 40 - 55 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Venture 17 (43%) - 24 (44%) -
Growth Capital 16 (40%) - 21 (38%) -
Secondary Buyout 6 (15%) - 7 (13%) -
Recapitalization 1 (3%) - 2 (4%) -
Buyout (LBO, MBO, MBI) - - 1 (2%) -
Total 40 - 55 -

Exits by Deal Type

Type Total # Value
Trade Sale 5 (33%) -
Secondary Sale 4 (27%) -
Trade Sale - Public Company 3 (20%) -
Unknown 2 (13%) -
Merger 1 (7%) -
Total 15 -

Top M&A Advisors

Financial Deals
Ernst & Young Capital Advisors LLC
1
Legal Deals
Latham & Watkins
1

M&A Connections

Deals
Acquired from
Investor(s)
11%
6 (11%)
Exited to
Investor(s)
27%
4 (27%)
Strategic(s)
60%
9 (60%)

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