M&A Deal Summary |
|
|---|---|
| Date | 2022-03-01 |
| Target | Forterro |
| Sector | Software |
| Buyer(s) |
Partners Group AG
CVC Capital Partners |
| Sellers(s) | Battery Ventures |
| Deal Type | Secondary Buyout |
| Deal Value | 1.0B EUR |
| Advisor(s) | Arma Partners LLP (Financial) |
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Partners Group is a global investment management firm with a variety of funds and institutional clients. The Firm's direct investment group looks to invest in or acquire market leading companies with growth opportunities linked to technology. Partners is a hands-on investor and looks to actively support its portfolio companies with expansion, operational, and governance structure support. Partners Group was established in 1996 and is headquartered in Zug, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 82 of 86 |
| Sector (Software) | 6 of 6 |
| Type (Secondary Buyout) | 47 of 51 |
| Country (United Kingdom) | 5 of 6 |
| Year (2022) | 2 of 5 |
| Size (of disclosed) | 7 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-10 |
Forefront Dermatology
Manitowoc, Wisconsin, United States Forefront Dermatology delivers medical dermatology, fully integrated surgery and pathology services through more than 130 clinics across 16 U.S. states. Forefront Dermatology was formed in 1980 and is based in Manitowoc, Wisconsin. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-20 |
Version 1
London, United Kingdom Version 1 is an IT consulting and managed services company. Version 1 delivers technology-enabled solutions and services that transform their customers’ businesses. They bring in-depth domain experience, breadth of technology competence, and a relentless focus on service excellence and customer satisfaction to address the business challenges of enterprise customers across all industry sectors. Version 1 was founded in 1996 and is based in London, England. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 82.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €250 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 288 of 297 |
| Sector (Software) | 5 of 6 |
| Type (Secondary Buyout) | 69 of 73 |
| Country (United Kingdom) | 56 of 58 |
| Year (2022) | 1 of 9 |
| Size (of disclosed) | 28 of 54 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-23 |
Sisal
Milan, Italy Sisal is an operator in the Italian gaming market as a government licensee. Through its capillary network of 47,000 points of sale, the company in excess of 500 payment services to the Italian public which are still primarily reliant on traditional cash payments. Sisal is based in Milan, Italy. |
Sell | €1.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-10 |
RGI Group
Milan, Italy RGI Group is an Independent Software Vendor, a European leader in the digital transformation of Insurers. RGI Group has been committed for more than 30 years to the Insurance industry. RGI Group was founded in 1987 and is based in Milan, Italy. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Focused |
Battery Ventures is a private investment firm focused on opportunities in the technology and related-sectors. Battery will invest at all company stages, from seed and early-stage capital situations to leveraged buyouts, PIPEs, spin outs, rollups and take-privates of established companies. Battery's private equity group focuses on investments in companies with revenue of $20 to $200 million and EBITDA up to $25 million. Battery can commit up to $100 million in equity per transaction. Specific areas of interest include software; IT services and outsourcing; communications components, systems, and services; and financial services and tech-enabled businesses. Battery will consider investments throughout North America, Europe, and Asia. Battery Ventures was formed in 1983 and is headquartered in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 57 |
| Sector (Software) | 19 of 20 |
| Type (Secondary Buyout) | 6 of 8 |
| Country (United Kingdom) | 5 of 7 |
| Year (2022) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-28 |
StreamSets
San Francisco, California, United States StreamSets provides an innovative data operations platform that reinvents how enterprises deliver timely and trustworthy data to their critical applications. StreamSets Data Collectorâ„¢ is an open source software for the development of any-to-any dataflows. StreamSets Dataflow Performance Manager (DPMâ„¢) provides a comprehensive control panel for managing the day-to-day operation of complex dataflow topologies. StreamSets was founded in 2014 and is based in San Francisco, California. |
Sell | €524M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-22 |
SPT Labtech
Melbourn, United Kingdom SPT Labtech is a manufacturer of liquid-handling instrumentation and sample- storage systems for sample-preparation and sample-management applications. The company’s products are used for process control and to optimize workflow efficiency across a variety of tasks in the pharmaceutical, biotechnology and academic-research markets. SPT Labtech was founded in 2001 and is based in Melbourn, United Kingdom. |
Sell | £650M |
