Like Global Credit Ratings Co.

announced 1/17/2017 via Financial Times

Carlyle Group, will acquire Global Credit Ratings Co.

See 95 Comparable Transactions
synopsis: US buyout group Carlyle has agreed to buy Africa’s largest rating agency by customers in a bet on future growth in the continent’s capital markets. The acquisition of Global Credit Ratings (GCR) shows how private equity funds are seeking to capitalise on the need for banks and insurers to understand the credit risk of local counterparties.
buyer: Carlyle Group (CG:$5,531.80)
The Carlyle Group is a global alternative asset manager with $169 billion of assets under management across 125 funds and 177 fund of funds vehicles as of September 30, 2016. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. "
 target: Global Credit Ratings Co.
Global Credit Ratings (GCR) is a leading emerging market focused ratings agency that rates the full spectrum of security classes, including Corporates, Banks, Insurance companies, Local Authorities, Asset Management & Funds, and Structured Finance transactions.
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closed 4/25/2018 via PR Web

Billtrust, acquired Credit2B

See 841 Comparable Transactions
synopsis: Billtrust, the leader in B2B payment cycle management, announced the acquisition of Credit2B, a pioneer in trade credit risk. Credit2B leverages crowdsourcing and other technologies to provide up-to-date payment behaviors and financial risk information on common customers, easing the credit decisioning process for suppliers.
buyer: Billtrust (:$131.57)
Billtrust accelerates cash flow by automating invoice delivery, invoice payment and cash application. Companies can improve operational efficiency throughout the invoice-to- cash process with electronic invoicing and payments in a flexible, cloud-based solution. "
 target: Credit2B
Credit2B is a pioneer in trade credit risk. Credit2B leverages crowdsourcing and other technologies to provide up-to-date payment behaviors and financial risk information on common customers, easing the credit decisioning process for suppliers.
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closed 6/19/2018 via BNC Analysis

TransUnion LLC, acquired Callcredit Information Group

See 544 Comparable Transactions
synopsis: TransUnion, a risk and information solutions provider, announced that it has acquired Callcredit Information Group, Ltd., the second largest consumer credit bureau in the U.K.. Callcredit is an information solutions company that provides data, analytics and technology solutions to help businesses and consumers make informed decisions.
buyer: TransUnion LLC (TRU:$3,009.80)
Transunion helps uncover unique stories, trends and insights behind each data point, using historical information as well as alternative data sources. This allows a variety of markets and businesses to better manage risk and consumers to better manage their credit, personal information and identity."
 target parent: GTCR, LLC
target: Callcredit Information Group
Callcredit Information Group, Ltd., is in the business of empowering information. They provide the data, analytics, and software that enable businesses to build more valuable customer relationships. They specialize in managing consumer data for businesses across every sector.
price ($mm)
$1,426
rev ($mm)
EBITDA ($mm)
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closed 2/16/2014 via BusinessWire

GTCR, LLC, acquired Callcredit Information Group

See 543 Comparable Transactions
synopsis: GTCR, a leading private equity firm, announced that it has acquired Callcredit Information Group Limited in partnership with its management team. Callcredit is a leading provider of consumer credit data solutions and software and analytics services in the United Kingdom.
buyer: GTCR, LLC
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries. "
 target parent: Vitruvian Partners LLP
target: Callcredit Information Group
Callcredit Information Group is expert in managing consumer data for businesses across every sector. The Group is focused on developing innovative products and services to help businesses make smarter, more informed decisions throughout the customer lifecycle.
price ($mm)
$586
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
announced 3/28/2013 via Company Press Release

Cerved Group SpA, will purchase Experian Data Services from Experian plc

See 95 Comparable Transactions
synopsis: Experian, the global information services company, announced that it has agreed to divest Experian Data Services S.r.l (EDS), its business credit information business in Italy, to Cerved Group S.p.A.
buyer: Cerved Group SpA (BIT:CERV:$477.91)
Cerved has the most comprehensive database of corporate information in Italy, including corporate and financial details, payment history, customer and supplier relationships, and proprietary information sourced through its own network of interviewers. "
 seller: Experian plc (LSE:EXPN:$6,288.00)
Experian Data Services S.r.l is Experian's business credit information business in Italy. Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries.
price ($mm)
rev ($mm)
$17
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 1/31/2013 via Market Wire

TransUnion LLC, will acquire ZipCode

See 77 Comparable Transactions
synopsis: TransUnion, a global leader in credit and information services, has signed an agreement to acquire control of ZipCode, one of the largest independent providers of registry information to companies in Brazil's information management sectors that include credit, fraud prevention and marketing.
buyer: TransUnion LLC (TRU:$3,009.80)
As a global leader in information and risk management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. TransUnion delivers high quality data and integrates advanced analytics and enhanced decision-making capabilities. "
 target: ZipCode
ZipCode is one of the largest independent providers of registry information to companies in Brazil's information management sectors that include credit, fraud prevention and marketing. ZipCode's product portfolio includes solutions to help clients throughout the customer lifecycle.
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closed 2/17/2012 via

Advent International, GS Capital Partners, acquired TransUnion LLC

See 95 Comparable Transactions
synopsis: TransUnion Corp., a leading global provider of information management and risk management solutions, announced that Advent International and GS Capital Partners VI Fund, LP and certain of its affiliates have signed a definitive merger agreement to acquire TransUnion.
buyer: Advent International
buyer: GS Capital Partners
GS Capital Partners is a family of funds with a focus on investing in large, high quality companies with strong management and funding acquisitions or expansion across a range of industries and geographies. "
 target parent: Madison Dearborn Partners
target: TransUnion LLC (TRU:$3,009.80)
As a global leader in information and risk management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. TransUnion delivers high quality data and integrates advanced analytics and enhanced decision-making capabilities.
price ($mm)
$3,203
rev ($mm)
$1,024
EBITDA ($mm)
$352
EV / rev
3.1x
EV / EBITDA
9.1x
closed 6/16/2010 via Market Wire

Madison Dearborn Partners, acquired TransUnion LLC

See 95 Comparable Transactions
synopsis: TransUnion Corp., a global leader in credit information and information management services, announced that Madison Dearborn Partners, LLC has acquired a 51 percent equity stake in TransUnion.
buyer: Madison Dearborn Partners
Madison Dearborn Partners, LLC (MDP) is a private equity investment firm. Madison Dearborn Partners invests in businesses across a broad spectrum of industries, including basic industries, communications, consumer, energy and power, financial services, and health care. "
 target: TransUnion LLC (TRU:$3,009.80)
TransUnion is a global leader in credit and information management. The company creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion delivers comprehensive data and advanced analytics.
price ($mm)
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closed 5/13/2008 via PR Newswire

Equifax, Inc., acquired Credit Report C.A. Buro de Informacion Crediticia

See 95 Comparable Transactions
synopsis: Equifax Inc., a global leader in information solutions, announced it has taken a majority ownership stake in Credit Report C.A. Buro de Informacion Crediticia. Equifax purchased 70 percent of the total shares outstanding from Credit Report's management and other individuals, bringing Equifax's total ownership to 95 percent.
buyer: Equifax, Inc. (NYSE:EFX:$5,156.10)
Equifax is a global leader in information technology that enables and secures global commerce with consumers and businesses. The company is one of the largest sources of consumer and commercial data. "
 target: Credit Report C.A. Buro de Informacion Crediticia
Credit Report C.A. Buro de Informacion Crediticia (Credit Report), the leading credit reporting company in Ecuador.
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closed 1/10/2018 via BNC Analysis

CRIF, acquired Vision-Net Ltd

See 66 Comparable Transactions
synopsis: CRIF, a global company specializing in credit bureau and business information systems, outsourcing and processing services, and credit solutions, has acquired Vision-net, Ireland’s leading Credit Rating Agency. Vision-net provides instant access to Company Information and Credit Risk Data on every company registered in Ireland, N.I. and the UK.
buyer: CRIF
CRIF is a global company specializing in credit bureau and business information systems, outsourcing and processing services, and credit solutions. CRIF is currently the market leader in continental Europe in the field of banking credit information. "
 target: Vision-Net Ltd
Vision-net Ltd. is Ireland’s leading Credit Rating Agency. Their service provides instant access to Company Information and Credit Risk Data on every company registered in Ireland, N.I. and the UK. Every day thousands of Ireland's largest companies benefit from their business intelligence.
price ($mm)
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closed 9/9/2016 via BusinessWire

CRIF, acquired China Credit Information Service, Ltd.

See 85 Comparable Transactions
synopsis: CRIF, the global credit information company with head office in Bologna, Italy, has announced the acquisition of China Credit Information Service, the largest and leading credit information agency in Taiwan, from the previous shareholders, to carry forward its business growth and expansion path in the Asian market.
buyer: CRIF
CRIF is a global company specializing in credit bureau and business information systems, outsourcing and processing services, and credit solutions. CRIF is currently the market leader in continental Europe in the field of banking credit information. "
 target: China Credit Information Service, Ltd.
China Credit Information Service, founded in 1961, is Taiwan’s largest and leading credit information agency, operating an established island-wide network which offers a full spectrum of information and consulting services.
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closed 9/6/2011 via PR Newswire

Equifax, Inc., acquired Datum Inc.

See 93 Comparable Transactions
synopsis: Equifax Inc., a global information solutions provider, announced that it has acquired Datum, the leading national credit reporting company in Costa Rica. Datum collects, synthesizes and provides consumer credit data to banks, telecommunications companies, retail and insurance businesses across Costa Rica.
buyer: Equifax, Inc. (NYSE:EFX:$5,156.10)
Equifax is a leader in commercial and consumer information solutions, leveraging one of the largest sources of business credit intelligence, portfolio management, income, employment and wealth verification, identity authentication/fraud detection and marketing demographic data worldwide. "
 target: Datum Inc.
Datum, Inc. is the leading national credit reporting company in Costa Rica. Datum collects, synthesizes and provides consumer credit data to banks, telecommunications companies, retail and insurance businesses across Costa Rica.
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announced 5/3/2011 via Company Press Release

Experian Information Solutions, will acquire Computec S.A.

See 93 Comparable Transactions
synopsis: Experian, the global information services company, announces that it has signed a definitive agreement to acquire the majority of the shares in Computec S. A., a leading Latin American credit services information provider, based in Colombia.
buyer parent: Experian plc
buyer: Experian Information Solutions
Experian is the leading global information services company, providing data and analytical tools to clients in more than 90 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. "
 target: Computec S.A.
Computec owns the market leading credit bureau in Colombia, including the most extensive database in Colombia on the credit behaviour of consumers. Computec’s products include the provision of on-line credit reports, scores, identity validation tools and fraud prevention services.
price ($mm)[EV]
$380 [$366]*
rev ($mm)
$82
EBITDA ($mm)
$23
EV / rev
4.6x
EV / EBITDA
16.0x
closed 2/25/2016 via PR Newswire

Equifax, Inc., acquired Veda

See 84 Comparable Transactions
synopsis: Equifax Inc. has completed its acquisition of Veda Group Limited, the leading provider of credit information and analysis in Australia and New Zealand. Veda is the leading provider of consumer and commercial credit reporting in Australia and New Zealand. Veda also operates through joint ventures in several other Asia-Pacific markets.
buyer: Equifax, Inc. (NYSE:EFX:$5,156.10)
Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide. "
 target: Veda (VED:$242.31)
Veda is a data analytics business. As the leading provider of credit information and analysis in Australia and New Zealand, they act as the conduit between the data that they accumulate, and the insights that this data provides for their customers.
price ($mm)[EV]
$1,719 [$1,862]
rev ($mm)
$244
EBITDA ($mm)
$92
EV / rev
7.6x
EV / EBITDA
20.1x
announced 12/24/2014 via Company Press Release

The Hearst Corporation, will acquire Fitch Ratings Ltd.

See 84 Comparable Transactions
synopsis: Hearst Corporation announced that it will purchase from Fimalac S.A. an additional 30 percent interest in global ratings agency Fitch Group, bringing Hearst's equity interest to 80 percent. Fimalac will retain a 20 percent equity interest in Fitch Group.
buyer: The Hearst Corporation
Hearst Corporation is one of the nation's largest diversified media and information companies. Its major interests include ownership of 15 daily and 36 weekly newspapers, including the Houston Chronicle, San Francisco Chronicle, San Antonio Express-News and Albany Times Union. "
 target parent: Fimalac SA
target: Fitch Ratings Ltd. (:$693.00)
Dual-headquartered in New York and London with over 50 offices worldwide, Fitch Ratings is a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data.
price ($mm)
$1,965*
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 4/11/2006 via

The Hearst Corporation, purchased a minority stake in Fitch, Inc.

See 91 Comparable Transactions
synopsis: Hearst Corp. agreed to acquire a 20 percent stake in Fitch Group, the parent of credit-ratings company Fitch Ratings, for $592 million from French financial holding company Fimalac SA. The acquisition also includes Algorithmics, a provider of risk-management services that Fimalac bought in January 2005.
buyer: The Hearst Corporation
The Hearst Corporation owns 12 daily newspapers and 14 weekly newspapers, 18 US consumer magazines (such as Cosmopolitan and Esquire), TV and radio stations (through 40%-owned Hearst Argyle Television), and a cartoon and features service (King Features). "
 target parent: FImalac SA
target: Fitch, Inc. (:$693.00)
Fitch Group, Inc. is the parent company of Fitch Ratings, Fitch Training and Algorithmics. Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with timely and prospective credit opinions.
price ($mm)
$118*
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closed 6/10/2015 via BNC Analysis

Infonet Srl merged with Ribes S.p.A.,

See 108 Comparable Transactions
synopsis: Ribes S.p.A., a company that provides business information to Italian banks, has merged with Infonet Srl, a company that provides information on the reliability of its economic counterparts in order to optimize protection from the credit risk of banks, companies and professionals.
buyer parent: Tecnoinvestimenti S.p.A
buyer: Ribes S.p.A.
Ribes S.p.A. provides business information to Italian banks. The company was founded in 1995 and is based in Milan, Italy. They assess the value of real estate collateral during the granting of a loan. "
 target: Infonet Srl
Infonet is an innovative partner for over 15 years in the service sector of Business & Credit Information and provides information on the reliability of its economic counterparts in order to optimize protection from the credit risk of banks, companies and professionals.
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closed 7/17/2006 via BusinessWire

GMT Communications Partners, acquired Suomen Asiakastieto Oy

See 114 Comparable Transactions
synopsis: GMT Communications Partners (GMT), the leading private equity investor focused on the European communications sector, today announced that it has acquired 91% of Suomen Asiakastieto Oy (Asiakastieto), the leading business and credit information company in Finland.
buyer: GMT Communications Partners
Founded: 1993, Total Capital: $450 Million. GMT is an independent firm focused exclusively on the Communications sector in Europe. "
 target: Suomen Asiakastieto Oy (HLSE:ATG1V:$52.04)
Based in Helsinki, Asiakastieto was founded by a group of Finnish banks, wholesalers and retail chains in 1961 to provide information in support of credit and purchase decisions.
price ($mm)
rev ($mm)
$25
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 6/27/2006 via PR Newswire

Xtech LLC, acquired TC Index

See 330 Comparable Transactions
synopsis: xTech, an information services provider that enables online commerce and direct marketing companies to profitably grow customer relationships while preventing fraud and identity theft, announced that it has completed an acquisition of The Credit Index of Mount Arlington, NJ.
buyer: Xtech LLC
xTech, LLC. is an information services company that enables online commerce and direct marketing companies to profitably grow customer relationships while preventing fraud and identity theft. "
 target: TC Index
The Credit Index is a leading provider of consumer information decisioning solutions to the direct marketing industry. Since 1964, The Credit Index has been helping businesses target responsive purchasers and control credit risk.
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closed 12/28/2012 via PR Newswire

Equifax, Inc., acquired CSC Credit Services

See 64 Comparable Transactions
synopsis: Equifax Inc. completed the acquisition of of CSC Credit Services, Inc. CSC's credit services business provides consumer credit services and related information to banks, mortgage companies, retail establishments, the automotive industry, medical entities, utility companies and other users of financial and credit information.
buyer: Equifax, Inc. (NYSE:EFX:$5,156.10)
Equifax is a global leader in consumer and commercial information solutions, providing businesses of all sizes and consumers with information they can trust. Equifax organizes and assimilates data on more than 500 million consumers and 81 million businesses worldwide. "
 target parent: Computer Sciences Corporation
target: CSC Credit Services
CSC Credit Services, Inc. operates as a consumer reporting agency in the Midwestern and Central United States. The company provides credit services, such as consumer assistance, mortgage, electronic billing, business client file transfers, and secure file delivery system.
price ($mm)
$1,000
rev ($mm)
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EV / EBITDA
Pages:  
announced 1/17/2017 via Financial Times

Carlyle Group, will acquire Global Credit Ratings Co.

See 95 Comparable Transactions
synopsis: US buyout group Carlyle has agreed to buy Africa’s largest rating agency by customers in a bet on future growth in the continent’s capital markets. The acquisition of Global Credit Ratings (GCR) shows how private equity funds are seeking to capitalise on the need for banks and insurers to understand the credit risk of local counterparties.
buyer: Carlyle Group (CG:$5,531.80)
The Carlyle Group is a global alternative asset manager with $169 billion of assets under management across 125 funds and 177 fund of funds vehicles as of September 30, 2016. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. "
 target: Global Credit Ratings Co.
Global Credit Ratings (GCR) is a leading emerging market focused ratings agency that rates the full spectrum of security classes, including Corporates, Banks, Insurance companies, Local Authorities, Asset Management & Funds, and Structured Finance transactions.
price ($mm)
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announced 11/16/2022 via Company Press Release

Carlyle Group, will acquire incuBeta

See 2447 Comparable Transactions
synopsis: Global Investment firm Carlyle announced that it has agreed to acquire a majority stake in Incubeta, an internationally recognized leader in digital marketing, and one of a select few globally certified Google Marketing Platform (GMP) partners.
buyer: Carlyle Group (CG:$5,531.80)
Carlyleis a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. "
 target: incuBeta
Incubeta is an internationally recognized leader in digital marketing, and one of a select few globally certified Google Marketing Platform (GMP) partners.
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closed 7/25/2022 via PR Newswire

Unison Inc., acquired FARclause

See 51 Comparable Transactions
synopsis: Unison, the provider of Contract Management software and insight to leading government contractors, announced that it has acquired the FAR compliance solution, FARclause. FARclause helps government contractors extract and validate clauses from RFPs (Requests For Proposals) and contracts.
buyer parent: Carlyle Group
buyer: Unison Inc.
Unison is the leading provider of Contract Management, Program Management, and Acquisition software. Unison's secure cloud and on-premise software, marketplace, and information products support users in leading federal prime contractors, all US cabinet-level agencies, and major DoD programs. "
 target: FARclause
FARclause is a FAR compliance solution that helps GovCon Contracts professionals extract and validate clauses from RFPs (Requests For Proposals) and contracts, analyze risks and identify departments responsible for mitigating risks, and determine which clauses should flow-down to subcontractors.
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closed 7/21/2022 via Company Press Release

Jagex Ltd., acquired Pipeworks Inc.

See 971 Comparable Transactions
synopsis: Leading global games developer and publisher Jagex has acquired Pipeworks Studios, a highly established and innovative 200-person strong development studio. Marking its first acquisition of an external studio, the transaction reflects Jagex’s commitment to expand its team of world-class talent, as well as grow its footprint in North America.
buyer parent: Carlyle Group
buyer: Jagex Ltd.
Jagex is a British leader in creating deep and engaging live games on PC and mobile. Jagex’s flagship MMORPG RuneScape has welcomed almost 300million player accounts to its world and is a $1billion lifetime revenue franchise. "
 target parent: Sumo Digital Ltd.
target: Pipeworks Inc.
Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. It provides full development, co-development, and live operations to premier video game publishers and other partners.
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announced 7/12/2022 via BusinessWire

Madison Dearborn Partners, will acquire Unison Inc.

See 40 Comparable Transactions
synopsis: Carlyle is to sell its majority stake in Unison, a leading provider of procurement, supply chain, and contract management software to U.S. federal government agencies and government contractors, to Madison Dearborn Partners, a leading private equity investment firm based in Chicago
buyer: Madison Dearborn Partners
Madison Dearborn Partners, LLC (MDP) is a leading private equity investment firm based in Chicago. Since Madison Dearborn’s formation in 1992, the firm has raised aggregate capital of over $28 billion and has completed over 150 investments. "
 target parent: Carlyle Group
target: Unison Inc.
Unison is the leading provider of Contract Management, Program Management, and Acquisition software. Unison's secure cloud and on-premise software, marketplace, and information products support users in leading federal prime contractors, all US cabinet-level agencies, and major DoD programs.
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closed 7/12/2022 via BusinessWire

Disguise Systems Ltd., acquired Meptik

See 18 Comparable Transactions
synopsis: disguise, the market leader in extended reality (xR) technology, has acquired Atlanta-based immersive entertainment specialists Meptik. Meptik is a creative partner for building mind-blowing xR experiences from start to finish.
buyer parent: Carlyle Group
buyer: Disguise Systems Ltd.
Disguise is a leading provider of extended reality (xR) technology. Headquartered in London, UK, they specialize in combining real-time 3D visualization-based software with high performance hardware. "
 target: Meptik
Meptik is a creative partner for building mind-blowing xR experiences from start to finish. From content creation through to technical workflow integration, Meptik’s experienced designers and xR specialists push the boundaries of what’s possible.
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announced 6/28/2022 via GlobeNewswire

Duck Creek Technologies, will purchase Prima XL from Prima Solutions

See 122 Comparable Transactions
synopsis: Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has agreed to acquire Prima XL, France-based Prima Solutions’ flagship commercial reinsurance technology solution.
buyer parent: Apax Partners
buyer: Duck Creek Technologies (DCT:$260.35)
Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. "
 seller parent: Carlyle Group
seller: Prima Solutions
The cloud-based, powerful and intuitive Prima XL is a reinsurance software that collects, centralizes, and analyzes all data for insurers, reinsurers, and brokers. Prima XL tracks all the information related to reinsurance policies.
price ($mm)
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closed 5/25/2022 via PR Newswire

CorroHealth, acquired Aergo Solutions

See 298 Comparable Transactions
synopsis: Aergo Solutions, backed by Northstar Capital, has been acquired by CorroHealth to expand its Revenue Cycle Management (RCM) service offerings. Aergo solves revenue cycle challenges through a customized mix of services, software, technology, and consulting.
buyer parent: Carlyle Group
buyer: CorroHealth
CorroHealth sits at the center of the revenue cycle revolution. CorroHealth delivers scalable programs and clinical expertise to solve programmatic needs. They offer solutions for documentation & revenue integrity, revenue cycle, and risk-based programs. "
 target parent: Northstar Capital LLC
target: Aergo Solutions
Aergo solves revenue cycle challenges through a customized mix of services, software, technology, and consulting. Aergo is a leader in denials management and complex claim resolution, A/R outsourcing, patient access, revenue cycle technology, and consulting.
price ($mm)
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closed 5/25/2022 via Company Press Release

Bain Capital Private Equity, acquired VXI Global Solutions, Inc.

See 1003 Comparable Transactions
synopsis: Bain Capital Private Equity, a leading global, value-added investor, has completed its acquisition of VXI Global Solutions, a leading provider of Business Process Outsourcing (“BPO”) services to businesses around the world, from The Carlyle Group.
buyer parent: Bain Capital
buyer: Bain Capital Private Equity
Bain Capital Private Equity partners with management teams to provide strategic resources that build great companies and help them thrive. Bain Capital Private Equity’s team creates value for its portfolio companies through its global platform and depth of expertise in key vertical industries. "
 target parent: Carlyle Group
target: VXI Global Solutions, Inc.
VXI is a customer experience company. VXI offers omnichannel customer care and growth services using technology and tools, including a unified communication platform and purpose-built productivity-enhancing applications that drive higher sales conversion, and related key metrics for its clients.
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closed 9/14/2022 via GlobeNewswire

Carlyle Group, acquired ManTech International Corporation

See 167 Comparable Transactions
synopsis: ManTech International Corporation, a leading provider of innovative technologies and solutions for mission-critical national security programs, has been acquired by funds managed by global investment firm Carlyle.
buyer: Carlyle Group (CG:$5,531.80)
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Investment Solutions. Carlyle’s purpose is to invest wisely and create value on behalf of its investors and portfolio companies. "
 target: ManTech International Corporation (MANT:$2,596.28)
ManTech provides technology solutions and services for U.S. defense, intelligence community and federal civilian agencies. They excel in full-spectrum cyber, data collection & analytics, enterprise IT, systems and software engineering solutions that support national and homeland security.
price ($mm)[EV]
$3,931 [$4,273]
rev ($mm)
$2,596
EBITDA ($mm)
$318
EV / rev
1.6x
EV / EBITDA
13.4x
closed 5/12/2022 via PR Newswire

LiveU Ltd, acquired Easy Live Inc.

See 59 Comparable Transactions
synopsis: LiveU has acquired easylive.io as part of its strategy to expand its cloud video platform. easylive.io provides a live streaming production studio in the browser, allowing users to mix any type of content into live stream videos and distribute them to the widest audience, creating innovative and interactive live experiences.
buyer parent: Carlyle Group
buyer: LiveU Ltd
LiveU is shaping the future of live video, powering video production workflows and cloud services for news, sports, and other verticals. LiveU offers the highest quality, reliable and cost-effective end-to-end solutions for all types of live productions – producing more for less. "
 target: Easy Live Inc.
easylive.io is a pioneer company in the live streaming market. Its all-in-one cloud based live streaming production studio allows users to combine all the tools needed to edit, mix and broadcast live streams by operating from the client's browser and in an entirely collaborative environment.
price ($mm)
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closed 5/2/2022 via GlobeNewswire

Two Six Technologies, Inc., acquired Thresher

See 5 Comparable Transactions
synopsis: Two Six Technologies (“Two Six”), a high-growth, technology-focused provider of products and expertise to U.S. national security customers, has acquired Thresher Ventures, LLC (“Thresher”), a software company with unique products that detect, analyze, and predict media manipulation by foreign governments.
buyer parent: Carlyle Group
buyer: Two Six Technologies, Inc.
Two Six Technologies is a high-growth technology company. The company solves technical challenges in six areas that are key to national security missions: cyber & space operations, data science, information operations, microelectronics, nextgen communications, and intelligence and decision support. "
 target: Thresher
Thresher develops products that detect, analyze, and predict media manipulation from foreign governments. Its Media Manipulation Monitor (M3) combines signal-rich proprietary data, AI-powered technology, and world-class expertise to help decision makers understand the information landscape.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/22/2022 via BusinessWire

Dept Agency, will acquire 3Q Digital

See 2414 Comparable Transactions
synopsis: DEPT, a global digital agency, will acquire 3Q Digital, the disruptive growth marketing agency for brands like Pandora, Skechers, Titleist, and Uniqlo. 3Q Digital’s team of 500 US-based experts will join the agency to deliver best-in-class data and engineering, creative automation, and personalization at a global scale.
buyer parent: Carlyle Group
buyer: Dept Agency
Amsterdam-based Dept is a pioneering technology and marketing services company that creates end-to-end digital experiences. Its team of 2,500+ digital specialists across 30+ locations on 5 continents delivers pioneering work on a global scale with a boutique culture. "
 target: 3Q Digital
3Q Digital is one of the world’s largest independent digital growth marketing agencies. They offer SEM, SEO, social advertising, display, mobile advertising, analytics, and business strategy. They work with the fastest-growing B2C, B2B, ecommerce, and lead gen clients in the U.S.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/4/2022 via GlobeNewswire

Two Six Technologies, Inc., acquired River Loop Security LLC

See 5342 Comparable Transactions
synopsis: Two Six Technologies, a high-growth, technology-focused provider of products and expertise to U.S. national security customers, has acquired River Loop Security LLC,, a leading provider of technical expertise in the fields of cybersecurity and embedded systems.
buyer parent: Carlyle Group
buyer: Two Six Technologies, Inc.
Two Six Technologies is a high-growth technology company. The company solves complex challenges in six focus areas: cyber and space operations, data science, information operations, microelectronics, nextgen communications, and intelligence and decision support. "
 target: River Loop Security LLC
River Loop specializes in solving complex cybersecurity challenges in the IoT and embedded devices sectors. Through end-to-end security architecture and design, penetration testing, automated solutions, and specialized R&D, River Loop helps secure the complex connected world.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/9/2022 via Company Press Release

Sedgwick Claims Management Services, Inc., acquired Direct Health Solutions

See 518 Comparable Transactions
synopsis: Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Direct Health Solutions (DHS), a leading specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms.
buyer parent: Carlyle Group
buyer: Sedgwick Claims Management Services, Inc.
Sedgwick is a leading global provider of technology-enabled risk, benefits, and integrated business solutions. Sedgwick provides a broad range of resources tailored to its clients' specific needs in casualty, property, marine, benefits, and other lines. "
 target: Direct Health Solutions
Direct Health Solutions (DHS) is a specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms. They provide solutions for absence management, injury management, medical assessments, and HR case management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/9/2022 via Company Press Release

Sedgwick Claims Management Services, Inc., acquired Direct Health Solutions

See 518 Comparable Transactions
synopsis: Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Direct Health Solutions (DHS), a leading specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms.
buyer parent: Carlyle Group
buyer: Sedgwick Claims Management Services, Inc.
Sedgwick is a leading global provider of technology-enabled risk, benefits, and integrated business solutions. Sedgwick provides a broad range of resources tailored to its clients' specific needs in casualty, property, marine, benefits, and other lines. "
 target: Direct Health Solutions
Direct Health Solutions (DHS) is a specialist provider of employer-based telehealth solutions in Australia. DHS offers a range of specialist HR services and safety software platforms. They provide solutions for absence management, injury management, medical assessments, and HR case management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/2/2022 via PR Newswire

Acosta, Inc., acquired OeP

See 171 Comparable Transactions
synopsis: Acosta, an integrated sales and marketing services provider, announced it has acquired OeP, a best-in-class agency focused on providing white glove services to clients across multiple categories and increasing brand presence and ROI on the world's largest eCommerce platform, Amazon.
buyer parent: Carlyle Group
buyer: Acosta, Inc.
Acosta is an integrated sales and marketing services provider that enables consumer packaged goods brands and retailers to win in the modern marketplace by delivering progressive solutions and exceptional service. "
 target: OeP
OeP is a best-in-class agency focused on providing white glove services to clients across multiple categories and increasing brand presence and ROI on the world's largest eCommerce platform, Amazon.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/22/2021 via PR Newswire

Carlyle Group, will acquire Involta LLC

See 5342 Comparable Transactions
synopsis: Global investment firm Carlyle announced that funds managed by Carlyle have agreed to acquire Involta, a data center company focused on hybrid IT and cloud infrastructure, including data center colocation, hybrid cloud, edge, fiber, and related products.
buyer: Carlyle Group (CG:$5,531.80)
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Investment Solutions. Carlyle’s purpose is to invest wisely and create value on behalf of its investors and portfolio companies. "
 target: Involta LLC
Involta is an award-winning hybrid IT and cloud-forward consulting firm orchestrating digital transformation for the nation's leading enterprises.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/3/2021 via Company Press Release

Carlyle Group, will acquire Client Network Services, Inc.

See 120 Comparable Transactions
synopsis: The Carlyle Group, a global investment firm, has agreed to buy Client Network Services, Inc. (CNSI), a Virginia-based manager of IT systems for state and federal agencies, from Alvarez & Marsal Capital Partners.
buyer: Carlyle Group (CG:$5,531.80)
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Investment Solutions. Carlyle’s purpose is to invest wisely and create value on behalf of its investors and portfolio companies. "
 target parent: Alvarez & Marsal
target: Client Network Services, Inc.
CNSI ("Client Network Services, Inc.") delivers a broad range of health information technology enterprise solutions and customizable products to a diverse base of State and Federal agencies in the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/27/2021 via GlobeNewswire

Concentrix Corporation, acquired ProKarma Inc.

See 5364 Comparable Transactions
synopsis: Concentrix Corporation, a leading global provider of customer experience (CX) services and technologies, has completed its acquisition of PK, a leading global CX design engineering company.
buyer: Concentrix Corporation (:$5,587.02)
Concentrix Corporation is a leading technology-enabled global business services company specializing in customer engagement and improving business performance for some of the world’s best brands including over 95 Global Fortune 500 clients and over 90 global disruptor clients. "
 target parent: Carlyle Group
target: ProKarma Inc.
PK is the experience engineering firm. Together with the world's most customer-obsessed companies, PK combines great design and strong tech to build pioneering experiences that accelerate outcomes for customers, partners and employees.
price ($mm)
$1,575
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/18/2021 via Reuters

Carlyle Group, will acquire Autoform

See 345 Comparable Transactions
synopsis: U.S. buyout fund Carlyle is to acquire Swiss industrial software firm AutoForm AG from private equity firm Astorg. AutoForm, founded in 1995, provides engineering software for sheet metal forming simulation, primarily used in the automotive industry.
buyer: Carlyle Group (CG:$5,531.80)
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Investment Solutions. Carlyle’s purpose is to invest wisely and create value on behalf of its investors and portfolio companies. "
 target parent: Astorg Partners
target: Autoform
AutoForm offers software solutions for the die-making and sheet metal forming industries along the entire process chain. AutoForm is recognized as the leading provider of software for product manufacturability, tool and material cost calculation, die face design and virtual process optimization.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  
closed 1/30/2017 via BNC Analysis

Technische Werke Ludwigshafen AG, acquired WEBfactory GmbH

See 74 Comparable Transactions
synopsis: Fidura Private Equity Fonds has sold their majority stake in the software company WEBfactory GmbH in Buchen (Odenwald) successfully to Technische Werke Ludwigshafen AG (TWL). WEBFactory provides standard software for the surveillance and control of machines and industrial systems and for the online analysis and assessment of production data.
buyer: Technische Werke Ludwigshafen AG
Technische Werke Ludwigshafen AG (TWL) is a local utility company based in Ludwigshafen am Rhein, Germany. TWL has for over 100 years supplied the city of Ludwigshafen with electricity, gas, refrigeration, water and district heating. "
 target parent: Fidura Private Equity Fonds
target: WEBfactory GmbH
WEBfactory GmbH, headquartered in Baden-Württemberg, Buchen, provides standard software for the surveillance and control of machines and industrial systems and for the online analysis and assessment of production data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/28/2016 via Market Wire

N. Harris Computer Corporation, acquired iMDsoft

See 74 Comparable Transactions
synopsis: Constellation Software Inc., announced its wholly-owned subsidiary N. Harris Computer Corporation has acquired all of the shares of I.M.D. Soft Limited a leading international clinical information systems software provider.
buyer parent: Constellation Software, Inc.
buyer: N. Harris Computer Corporation
Harris has focused on providing feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies throughout North America. Harris’ focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers. "
 target parent: TPG Capital
target: iMDsoft
iMDsoft is a leading provider of proven clinical information systems worldwide. The Company’s products are designed to enhance quality of care for critically ill patients and improve financial performance for healthcare providers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/9/2012 via PR Newswire

MetrixLab, acquired MarketTools Inc.

See 74 Comparable Transactions
synopsis: MetrixLab, a global provider of online consumer research services, announced that it has acquired MarketTools Research Solutions Inc., a leader in services and software for market research, from TPG Growth. MarketTools is known for pioneering some of the first research technologies on the Internet.
buyer: MetrixLab
MetrixLab is a fast-growing global provider of online consumer research services. Its solutions are employed by over half of the Top 100 Global Brands such as Microsoft, Philips, Google and Heineken. The company is headquartered in Rotterdam, The Netherlands. "
 target parent: TPG Capital
target: MarketTools Inc.
MarketTools is the leading provider of services and software for market research. Through the use of advanced respondent engagement techniques and comprehensive analytic tools, MarketTools helps clients innovate, optimize and execute programs that deliver high-value business impact.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/26/2020 via BusinessWire

Valuesetters, will be merged with Netcapital

See 154 Comparable Transactions
synopsis: ValueSetters, a publicly-traded boutique advisory firm with unique expertise in helping private companies raise capital over the internet, is to merge with Netcapital, a private securities platform that connects investors to entrepreneurs to help private companies grow.
buyer: Valuesetters (OTCPK:VSTR:$1.75)
Led by a team of professional investors, digital marketing experts, and technology specialists, ValueSetters is a publicly-traded boutique advisory firm with unique expertise in helping private companies raise capital over the internet. "
 target: Netcapital
Netcapital is a private securities platform that connects investors to entrepreneurs to help private companies grow. Netcapital operates an investment portal that enables investors to set up an account online, browse information on private companies offering securities on the platform, and invest.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/23/2019 via PR Newswire

Dynata, will acquire Reimagine Holdings Group

See 542 Comparable Transactions
synopsis: Dynata, a global leader in first-party data and data services, announces it has reached an agreement to acquire Reimagine Holdings Group, a global leader in data creation and technology-enabled business intelligence headquartered in Westport, Connecticut.
buyer parent: Court Square Capital Partners
buyer: Dynata
Dynata is the premier global provider of data solutions and technology for consumer and B2B survey research. Dynata reaches participants in 90+ sample countries via internet, telephone, mobile/wireless and mixed-access offerings. "
 target: Reimagine Holdings Group
Reimagine is a global leader in data creation for business intelligence, and has redefined the insights industry by acquiring and investing in growth-oriented, technology-enabled service companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/23/2018 via BNC Analysis

startup300 AG, acquired Pioneers.io

See 10 Comparable Transactions
synopsis: startup300, an Austrian angel investor network and business accelerator, has acquired Pioneers.io, an international relationship builder in the tech and startup scene. Pioneers' flagship event, Pioneers Festival, brings together a global community of 2,500 founders, investors, and innovation executives to build partnerships and shape the future.
buyer: startup300 AG
startup300 is an Austrian angel investor network and business accelerator that offers their services to Austrian startups. The group consists of 142 angels and investors that help startups grow their businesses. They focus on startups that have scalable, innovative or disruptive business models. "
 target: Pioneers.io
Pioneers.io is an international relationship builder in the tech and startup scene, offering events, consulting, and investment. Their Pioneers Festival event brings together a global community of 2,500 founders, investors, and innovation executives to build partnerships and shape the future.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/14/2017 via PR Newswire

The Shipyard, acquired TOMORRO\\\ LLC

See 49 Comparable Transactions
synopsis: The Shipyard, an independent marketing firm, today announces the acquisition of TOMORRO\\\, an innovation consultancy led by marketing icon Jon Bond – combining the companies' strategic, creative and data-centric talents to address rising demand from businesses seeking to inoculate themselves against Disruption.
buyer: The Shipyard
The Shipyard is an independent marketing consultancy and the first "marketing engineering" firm. It is creating digital transformation for the world's most significant brands- where high velocity content creation meets big data, where competitive strategy meets creative and disruptive advertising. "
 target: TOMORRO\\\ LLC
TOMORRO\\\ LLC is a consultancy designed to accelerate brand value through the adoption of the most forward-thinking marketing approaches and technologies. TOMORRO\\\ is an active investor and advisor in ad technology companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/30/2020 via BusinessWire

ServiceNow, will acquire Element AI

See 5364 Comparable Transactions
synopsis: ServiceNow announced it has signed an agreement to acquire Element AI, a leading artificial intelligence (AI) company with deep AI capabilities and some of the world’s brightest AI minds. Element AI launches and incubates advanced AI-First solutions in partnership with large corporations.
buyer: ServiceNow (NYSE:NOW:$5,896.00)
ServiceNow's cloud-based platform and solutions deliver digital experiences that help people do their best work. Their applications automate, predict, digitize, and optimize business processes and tasks, across IT, Customer Service, Security Operations, and Human Resources. "
 target: Element AI
Element AI is the platform that helps organizations embrace an AI-First world for today and tomorrow. Composed of a research lab uniquely connected to the world's best academic ecosystems, Element AI launches and incubates advanced AI-First solutions in partnership with large corporations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/31/2017 via BNC Analysis

Capiton AG, will acquire Gemaco N.V.

See 21 Comparable Transactions
synopsis: Capiton has entered into an agreement on the acquisition of a majority stake in Gemaco Group with the current majority shareholder Saffelberg Investments. Gemaco Group based with its headquarters in Mechelen, Belgium is a leading provider of full-service merchandising and promotional marketing solutions for global industry.
buyer: Capiton AG
Capiton is an owner-managed financial investor that invests in large SMEs in Germany, Austria and Switzerland by means of MBOs and expansion financing. capiton's roots go back to the late 1970s. "
 target parent: Saffelberg Investments
target: Gemaco N.V.
Gemaco Group based with its headquarters in Mechelen, Belgium is a leading provider of full-service merchandising and promotional marketing solutions for global industry and fast-moving consumer goods (FMCG) customers. The Group has 13 locations worldwide.
price ($mm)
rev ($mm)
$96
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 12/21/2016 via Company Press Release

New Hope Communications Inc., acquired Nutrition Capital Network

See 1 Comparable Transactions
synopsis: New Hope, a company that helps suppliers, manufacturers & retailers bring healthy, organic & natural products to life, has acquired the assets of Nutrition Capital Network (NCN), a company that holds four annual investor meetings which focus on investment and acquisition opportunities in branded products, ingredients and technology.
buyer parent: Informa plc
buyer: New Hope Communications Inc.
New Hope Network is at the forefront of the healthy lifestyle products industry. With solutions for the complete supply chain from manufacturers, retailers/distributors and service providers, the network offers a robust portfolio of content, events, data, research and consultative services. "
 target: Nutrition Capital Network
Nutrition Capital Network holds four annual investor meetings which focus on investment and acquisition opportunities in branded products, ingredients and technology. They facilitate financing for growing companies and introduce investors to the next generation of brands.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/3/2018 via PR Newswire

RMRM Holdings, Sound Point Capital Management, will acquire Relativity Media, LLC

See 618 Comparable Transactions
synopsis: Relativity Media has agreed to sell all of its assets to UltraV Holdings LLC, a joint venture among funds managed by Sound Point Capital Management and RMRM Holdings. Relativity Media operates a portfolio of major studio quality film assets with the capabilities and infrastructure to produce and distribute high caliber, original content.
buyer: RMRM Holdings
buyer: Sound Point Capital Management
UltraV Holdings LLC is a joint venture among funds managed by Sound Point Capital Management, a New York-based asset management firm with approximately $17 billion of assets under management, and RMRM Holdings, which is led by David Robbins, Lex Miron and Larry Robbins. "
 target: Relativity Media, LLC
Relativity Media operates a portfolio of major studio quality film assets with the capabilities and infrastructure to produce and distribute high caliber, original content. They are engaged in the production and distribution of movies, television, fashion, sports, digital and music.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/4/2018 via PR Newswire

SilverLake, will acquire Weld North Education

See 392 Comparable Transactions
synopsis: Silver Lake, the global leader in technology investing, announced that it will acquire a majority stake in Weld North Education (WNE), a leading digital education technology company focused on developing digital curriculum and tools for preK-12th grade, from KKR.
buyer: SilverLake
Silver Lake is the global leader in technology investing, with about $39 billion in combined assets under management and committed capital and a team of approximately 100 investment and value creation professionals located in Silicon Valley, New York, London, Hong Kong and Tokyo. "
 target parent: Kohlberg Kravis Roberts & Co.
target: Weld North Education
Weld North Education operates a platform of digital and SaaS educational solution businesses and makes control investments in high potential businesses in the education industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/14/2017 via BNC Analysis

Boubyan Petrochemical Company, will acquire Educational Holding Group

See 1146 Comparable Transactions
synopsis: Boubyan Petrochemicals, the first private-sector company in Kuwait that invested in the government-controlled petrochemical sector, is to acquire majority stake in Educational Holding Group, the first private educational investments organization in Kuwait. Boubyan Petrochemicals is looking to buy 32.8% stake and currently hold 21.12% stake.
buyer: Boubyan Petrochemical Company (KWSE:BPCC:$93.42)
Boubyan Petrochemical Company K.S.C., a Kuwaiti shareholding company listed on the Kuwait Stock Exchange, is the first private-sector company in Kuwait that invested in the government-controlled petrochemical sector. The company was established on February 12, 1995 "
 target: Educational Holding Group (KWSE:EDU:$38.04)
Founded in 1982, Educational Holding Group was the first private educational investments organization in Kuwait. The group has grown manifold with a portfolio that covers the entire educational life-cycle, ranging from K-12, tertiary education and vocational training and development.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/8/2005 via BusinessWire

eLocalAccess, LLC merged with TradeMaven Group LLC,

See 53 Comparable Transactions
synopsis: TradeMaven LLC and eLocal today jointly announced they have merged the two firms to form TradeMaven Group LLC (TMG). The merger is one of the most significant in the online trading industry, combining TradeMaven's leading technology for online trading with eLocal's exceptional retail and institutional execution and brokerage services.
buyer: TradeMaven Group LLC
TradeMaven was founded with the mission of providing high-performance and cost-effective trading software for experienced and new traders. TM is used by Futures, Forex & Bond Traders worldwide. "
 target: eLocalAccess, LLC
eLOCAL was established and registered with the NFA and CFTC in July 2000 culminating in the merger of two large independent local clearing firms at the Chicago Board of Trade.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/14/2022 via BusinessWire

Houlihan Lokey, will acquire Oakley Advisory

See 5 Comparable Transactions
synopsis: Houlihan Lokey, the global investment bank, has agreed to acquire Oakley Advisory, an independent advisory firm that provides a range of services to clients across the digital infrastructure, communications services, and cloud landscape.
buyer: Houlihan Lokey (HLI:$2,269.60)
Houlihan Lokey is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide. "
 target: Oakley Advisory
Oakley Advisory Limited is one of Europe’s leading independent corporate finance firms. They offer expert, specialist advice across a range of sectors including Telecoms, Technology, Online, Media, Datacentres and Hosting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/28/2021 via Yahoo, Inc.

Martin Wolf LLC, acquired IT ExchangeNet

See 2 Comparable Transactions
synopsis: martinwolf M&A Advisors - a leading M&A Advisory firm exclusively focusing on middle-market IT Services, Solution Provider and Software companies - announced the acquisition of IT ExchangeNet (ITX), a leader in facilitating smaller mid-market IT M&A transactions.
buyer: Martin Wolf LLC
Headquartered in Scottsdale, Arizona with an office in New York, martin wolf is a leading M & A Advisory focused on middle market companies in the IT Services, IT Supply Chain, and Software space. "
 target: IT ExchangeNet
Founded in 1998 by technology CEOs and M & A professionals, and headquartered in Cleveland, Ohio, IT ExchangeNet (ITX) is an organized and efficient marketplace for owners of small mid-market IT businesses seeking buyers or strategic partners.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/10/2021 via BNC Analysis

Aion Bank, acquired ETFmatic LTD

See 59 Comparable Transactions
synopsis: Aion Bank, a full-service digital bank based in Brussels, has acquired ETFmatic, a London-based robo-advisor and Aion’s partner since last year. The deal has been approved by the UK’s Financial Conduct Authority (FCA). ETFmatic’s proprietary investment platform and management team will be integrated into Aion’s operations.
buyer parent: Warburg Pincus
buyer: Aion Bank
Aion, based in Belgium, is a subscription-only digital bank with a modern human touch, offering a wide range of services to individual and business customers. Seated in Brussels, it operates under a Belgian banking licence and offers customers convenient ways to optimize savings and expenses. "
 target: ETFmatic LTD
ETFmatic, based in the UK, provides their customers with an easy way to manage their investment goals. The Company uses index based investment strategies and Exchange Traded Funds (ETFs) to construct and manage investment portfolios tailored to their customers' personal preferences and situations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/18/2020 via BNC Analysis

Republic.co, acquired NextSeed Services LLC

See 3 Comparable Transactions
synopsis: New York-based Republic, missioned to democratize investing has announced the acquisition of local business investment platform, NextSeed. NextSeed aims to connect businesses and individual investors to build vibrant communities across America. The firm has facilitated over $20mn in investments from 25,000 members into 75 local businesses.
buyer: Republic.co
Republic is an open investment platform. People can choose from privately-held companies they believe in and can connect with their success as they fuel their growth. Republic is an investment platform where everyone can invest as little as $10 in innovative startups and ICOs. "
 target: NextSeed Services LLC
NextSeed is on a mission to connect businesses and individual investors to build vibrant communities across America. On the NextSeed platform, thriving local businesses can raise capital from the general public, and in turn, anybody can now invest in small businesses in their own backyard.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/15/2021 via BNC Analysis

Robinhood, acquired Cove Markets

See 67 Comparable Transactions
synopsis: No-fee trading app Robinhood has acquired Cove Markets to help ensure quality trade executions for its users. Cove Markets Inc. is a cross-exchange trading platform that makes it easier for people to manage their crypto accounts.
buyer: Robinhood (HOOD:$1,769.97)
Robinhood is democratizing finance for all. With customers at the heart of its decisions, Robinhood is lowering barriers, removing fees, and providing greater access to financial information. Their smartphone app allows individual investors to buy and sell stocks for free. "
 target: Cove Markets
Cove Markets Inc. is a cross-exchange trading platform that makes it easier for people to manage their crypto accounts. They offer advanced tools, trading algorithms, live and historical data, analytics, charts, web widgets, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/21/2020 via BNC Analysis

SoFi, acquired 8 Securities Limited

See 61 Comparable Transactions
synopsis: Consumer financial services platform SoFi has acquired 8 Securities, a Hong Kong-based investing app. Targeted to personal investors, 8 Securities will rebrand to SoFi Hong Kong and will begin launching services in other markets in addition to Hong Kong. 8 Securities was the first mobile-only investment service and robo-advisor to launch in Asia.
buyer: SoFi (SOFI:$867.87)
SoFi is a values-driven company on a mission to help members get their money right. They create modern financial products and services that help people borrow, save, spend, invest, and protect their money better, so that they can achieve financial independence and realize their ambitions. "
 target: 8 Securities Limited
Hong Kong-based 8 Securities is a cloud-based brokerage platform that provides simple, transparent, and affordable mobile investing solutions. The company allows users to trade over 15,000 US and Hong Kong stocks and exchange traded funds as much as they like free of commission.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

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Matching Companies
Ticker: LSE:EXPN
 
 
 
 
 
 
 
 
Experian plc
Experian plc
Experian is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.
year
2023
rev ($mm)
$6,288.00
EBITDA ($mm)
$2,230.00
EBIT ($mm)
$1,572.00
Net Income ($mm)
Employees
  • drill down
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Ticker: TRU
 
 
 
 
 
 
 
 
TransUnion LLC
TransUnion LLC
As a global leader in information and risk management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. TransUnion delivers high quality data and integrates advanced analytics and enhanced decision-making capabilities.
year
2021
rev ($mm)
$3,009.80
EBITDA ($mm)
$1,116.90
EBIT ($mm)
$733.80
Net Income ($mm)
$471.40
Employees
8200
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Ticker: BIT:TECN
 
 
 
 
 
 
 
 
Tecnoinvestimenti S.p.A
Tecnoinvestimenti S.p.A., through its subsidiaries, provides IT and credit information solutions in Italy. The company offers IT solutions and services for the dematerialization and digitalization of document processes through document management, electronic storage, and electronic invoicing.
year
2021
rev ($mm)
$414.30
EBITDA ($mm)
$104.51
EBIT ($mm)
$67.39
Net Income ($mm)
$42.30
Employees
2393
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Ticker: BIT:CERV
 
 
 
 
 
 
 
 
Cerved Group SpA
Cerved Group SpA
Cerved is a leading Information Provider in Italy and one of the major rating agencies in Europe. Cerved is the Italian leader in credit risk analysis and the top independent market player for credit management.
year
2018
rev ($mm)
$477.91
EBITDA ($mm)
$201.85
EBIT ($mm)
$143.63
Net Income ($mm)
$69.91
Employees
1992
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Ticker: NYSE:EFX
 
 
 
 
 
 
 
 
Equifax, Inc.
Equifax, Inc.
Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide.
year
2022
rev ($mm)
$5,156.10
EBITDA ($mm)
$1,661.50
EBIT ($mm)
$1,127.10
Net Income ($mm)
Employees
  • drill down
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Ticker: BOVESPA:BOAS3
 
 
 
 
 
 
 
 
Boa Vista SCPC
Boa Vista SCPC
Boa Vista SCPC is the second largest credit bureau in Brazil. Boa Vista SCPC serves over 1.2 million direct and indirect customers and processes over 7 million credit inquiries per day. They provide instant and reliable support to companies in all stages of the business cycle.
year
2020
rev ($mm)
$114.47
EBITDA ($mm)
$47.01
EBIT ($mm)
$20.18
Net Income ($mm)
$3.13
Employees
700
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Ticker: BSE:532835
 
 
 
 
 
 
 
 
ICRA Limited
ICRA Limited operates as a credit rating agency in India. The company provides consulting services, including strategy, risk management, regulatory economics, transaction advisory, and process re-engineering services to banks and more.
year
2016
rev ($mm)
$50.82
EBITDA ($mm)
$14.92
EBIT ($mm)
$13.75
Net Income ($mm)
$11.40
Employees
62
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Ticker: MCO
 
 
 
 
 
 
 
 
Moody's Corporation
Moody's Corporation
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets.
year
2022
rev ($mm)
$6,218.00
EBITDA ($mm)
$3,213.00
EBIT ($mm)
$2,956.00
Net Income ($mm)
Employees
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Ticker: NasdaqGS:VRSK
 
 
 
 
 
 
 
 
Verisk Analytics, Inc.
Verisk Analytics, Inc.
Verisk Analytics is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics provides first-to-market innovations that are integrated into customer workflows.
year
2021
rev ($mm)
$2,998.60
EBITDA ($mm)
$1,383.40
EBIT ($mm)
$1,137.30
Net Income ($mm)
$666.20
Employees
9367
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Ticker: NasdaqGM:COGT
 
 
 
 
 
 
 
 
Cogint, Inc.
Cogint, Inc.
Cogint is a data and analytics company providing cloud-based, mission-critical information and performance marketing solutions to enterprises in a variety of industries. They transform data into intelligence utilizing their proprietary technology platforms to solve complex problems for clients.
year
2017
rev ($mm)
$210.16
EBITDA ($mm)
($14.55)
EBIT ($mm)
($28.45)
Net Income ($mm)
Employees
200
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Ticker: BX
 
 
 
 
 
 
 
 
Blackstone Group LP
Blackstone Group LP
Blackstone is one of the world’s leading investment firms. They seek to create positive economic impact and long-term value for their investors, the companies they invest in, and the communities in which they work. They use extraordinary people and flexible capital to help companies solve problems.
year
2022
rev ($mm)
$16,433.94
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
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Ticker: KKR
 
 
 
 
 
 
 
 
Kohlberg Kravis Roberts & Co.
Kohlberg Kravis Roberts & Co.
KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, capital markets, credit strategies, and hedge funds. With offices around the world, KKR manages assets through a variety of investment funds.
year
2022
rev ($mm)
$16,236.15
EBITDA ($mm)
EBIT ($mm)
$14,780.48
Net Income ($mm)
Employees
0
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Ticker: NYSE:APO
 
 
 
 
 
 
 
 
Apollo Global Management
Apollo Global Management
Apollo Global Management, LLC and its subsidiaries is a leading global alternative investment manager. They are contrarian, value-oriented investors in private equity, credit and real estate, with significant distressed expertise.
year
2022
rev ($mm)
$5,951.60
EBITDA ($mm)
EBIT ($mm)
$5,001.36
Net Income ($mm)
Employees
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Ticker: CG
 
 
 
 
 
 
 
 
Carlyle Group
Carlyle Group
The Carlyle Group is a global alternative asset manager with $193 billion of assets under management across 128 funds and 159 fund of funds vehicles as of June 30, 2015. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions.
year
2022
rev ($mm)
$5,531.80
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
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Ticker: TGOPF
 
 
 
 
 
 
 
 
3i Group Plc
3i Group Plc
3i Group plc is a multinational private equity and venture capital company headquartered in London, United Kingdom. It has offices in 13 countries across the Americas, Asia and Europe and had total assets under management of £10.5 billion as at 31 March 2012.
year
2023
rev ($mm)
$4,145.00
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
  • drill down
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Ticker: RTOBF
 
 
 
 
 
 
 
 
Ratos AB
Ratos AB
Ratos is a private equity company that invests in Nordic companies where their core expertise as a professional, active and responsible owner over time creates good value growth. Added value is created in connection with acquisition, development and divestment of these primarily unlisted companies.
year
2019
rev ($mm)
$2,530.41
EBITDA ($mm)
$141.89
EBIT ($mm)
$80.55
Net Income ($mm)
Employees
0
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Ticker: SIVB
 
 
 
 
 
 
 
 
Silicon Valley Bank
Silicon Valley Bank helps innovative companies and their investors move bold ideas forward, fast. They provide a full range of financial services to companies of all sizes in innovation centers around the world.
year
2018
rev ($mm)
$2,387.31
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$824.79
Employees
2836
  • drill down
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Ticker: TSX:ONEX
 
 
 
 
 
 
 
 
Onex Corporation
Onex Corporation
Founded in 1984, Onex is one of the oldest and most successful private equity firms. They acquire and build high-quality businesses in partnership with talented management teams. They also invest in non-investment grade debt through credit funds and collateralized loan obligations.
year
2021
rev ($mm)
$2,374.00
EBITDA ($mm)
$1,892.00
EBIT ($mm)
$1,845.00
Net Income ($mm)
$1,788.00
Employees
0
  • drill down
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Ticker: COWN
 
 
 
 
 
 
 
 
Cowen Group, Inc.
Cowen Group, Inc.
Cowen Inc. is a diversified financial services firm that operates through two business segments: a broker dealer and an investment management division. Cowen Inc. focuses on delivering value-added capabilities to their clients in order to help them outperform.
year
2021
rev ($mm)
$1,534.00
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$295.61
Employees
1364
  • drill down
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Ticker:
 
 
 
 
 
 
 
 
Oaktree Capital Management, LLC
Oaktree Capital Management, LLC
Oaktree is a leader among global investment managers specializing in alternative investments. They emphasize an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt, control investing, convertible securities, real estate and listed equities.
year
2019
rev ($mm)
$1,315.17
EBITDA ($mm)
$357.51
EBIT ($mm)
$331.49
Net Income ($mm)
$224.77
Employees
0
  • drill down
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Ticker: EQT
 
 
 
 
 
 
 
 
EQT AB
EQT AB
EQT is a leading Swedish investment firm with more than EUR 61B in raised capital across 29 funds and around EUR 40B in assets under management. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 19B and approximately 110,000 employees.
year
2020
rev ($mm)
$687.20
EBITDA ($mm)
$181.51
EBIT ($mm)
$160.04
Net Income ($mm)
$130.94
Employees
0
  • drill down
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Ticker: PSEC
 
 
 
 
 
 
 
 
Prospect Capital Corporation
Prospect Capital Corporation is a business development company that operates as a closed-end, non-diversified investment company that lends to and invests in energy-related businesses.
year
2013
rev ($mm)
$625.80
EBITDA ($mm)
EBIT ($mm)
$433.31
Net Income ($mm)
$292.38
Employees
  • drill down
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Ticker: MAIN
 
 
 
 
 
 
 
 
Main Street Capital Corporation
Main Street Capital Corporation
Main Street Capital Corporation is a principal investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies.
year
2022
rev ($mm)
$421.45
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
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Ticker: ENXTPA:FIM
 
 
 
 
 
 
 
 
Fimalac SA
Fimalac SA
Fimalac is a diversified holding company, listed on the Paris Stock Exchange, founded and managed by Marc Ladreit de Lacharrière. Fimalac Group is engaged in private equity, digital media, live shows and hotels and recreation.
year
2016
rev ($mm)
$392.72
EBITDA ($mm)
($13.56)
EBIT ($mm)
($54.12)
Net Income ($mm)
$68.47
Employees
2911
  • drill down
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Ticker:
 
 
 
 
 
 
 
 
Bridgepoint
Bridgepoint
UK-based Bridgepoint is a major international alternative asset fund management group, providing private equity and private debt lending solutions to the middle market. Bridgepoint focuses on acquiring or investing in businesses with strong market positions.
year
2021
rev ($mm)
$310.07
EBITDA ($mm)
$119.69
EBIT ($mm)
$112.77
Net Income ($mm)
$66.65
Employees
340
  • drill down
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