Like Profitoptics

closed 4/14/2022 via PR Newswire

Renovus Capital, acquired Profitoptics

synopsis: Renovus Capital Partners, a Philadelphia-area based investment firm, has acquired ProfitOptics. Founded in 2008, ProfitOptics is a digital transformation company that leverages its proprietary software and custom product development capabilities to automate clients' manual workflows and help them achieve their business and profit targets.
buyer: Renovus Capital
Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. The firm's current portfolio includes over 20 U.S.-based businesses specializing in educational technology, higher education, corporate training, healthcare services, and technology services. "
target: Profitoptics
ProfitOptics is a technology services company that uses proprietary software to deliver customized solutions to its global clients. The company's offerings include data and analytics, profit optimization, and enterprise application development and are supported by its on-shore and off-shore team.
price ($mm)
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closed 11/17/2022 via PR Newswire

Avenga, acquired IncluIT

synopsis: Avenga, a global engineering and consulting platform, has acquired Argentina-based IncluIT. The Cordoba-headquartered IT company counts some of the world's most famous brands among its more than 60 active clients, as well as 800 professionals working from 17 countries, mainly in Latin America.
buyer: Avenga
Avenga is an experienced and reliable business partner with deep industry knowledge, especially in pharma, insurance and finance, and advanced manufacturing. The company's IT specialists operate from 31 offices worldwide and support global corporations in their digital transformation. "
target: IncluIT
Argentina-based IncluIT is an IT company. IncluIT was founded by Alberto Harriague and Rafael Ibáñez in 1994 and has continued to grow ever since. It counts some of the world's most famous brands among its more than 60 active clients, as well as 800 professionals working from 17 countries.
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closed 11/16/2022 via BusinessWire

International Data Corporation, acquired ETBS GROUP PTY LTD

synopsis: International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, has acquired ETBS, an IT benchmarking and assessment firm that offers extensive price, service, and cost data in over 45 countries.
buyer parent: Blackstone Group LP
buyer: International Data Corporation
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. "
target: ETBS GROUP PTY LTD
ETBS GROUP PTY LTD is based in Sydney, Australia and works with clients to examine their IT operation in relation to their peers and/or competitors to develop actionable strategies that improve their position in the market.
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closed 11/15/2022 via BusinessWire

Modus Create, acquired Twybee

synopsis: Modus Create, a digital transformation consulting firm, announced that it has acquired Twybee, a French Atlassian Gold Solution Partner specialized in the training and implementation of Atlassian solutions.
buyer: Modus Create
Modus Create is a digital transformation consulting firm dedicated to helping clients build competitive advantage through digital innovation. They specialize in strategic consulting, full lifecycle product development, platform modernization, and digital operations. "
target: Twybee
Twybee is a French Atlassian Gold Solution Partner specialized in the training and implementation of Atlassian solutions.
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closed 10/26/2022 via BNC Analysis

Reply S.p.A., acquired Wemanity

synopsis: REPLY announces that Wemanity Group, a leader in France and Benelux in agile & digital transformations, has joined Reply network of companies. Wemanity's purpose is to reinvent the future of work thanks to Agile, innovation, and cooperation.
buyer: Reply S.p.A. (BIT:REY:$1,484.66)
Reply specializes in the design and implementation of solutions based on digital media and new communication channels. They devise and develop business models built on the new paradigms of big data, cloud computing, digital media and the Internet of Things. "
target: Wemanity
Wemanity Group is a leader in France and Benelux in agile & digital transformations. Wemanity's purpose is to reinvent the future of work thanks to Agile, innovation, and cooperation. The group's skills range from new management methods to the design and delivery of digital products.
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closed 11/16/2022 via BusinessWire

NTT Data, Inc., acquired Aspirent Consulting

synopsis: NTT DATA, a global digital business and IT services leader, has acquired Aspirent, a leading data, analytics and advisory firm. Aspirent will add over 230 data advisors to NTT DATA’s digital transformation services team and bolster its data engineering capabilities across key data partners such as Azure, AWS, Databricks, and Snowflake.
buyer parent: Nippon Telegraph and Telephone Corporation
buyer: NTT Data, Inc. (TSE:9613:$2,638,452.00)
NTT DATA is a global innovator of IT and business services. They help clients transform through business and technology consulting, industry and digital solutions, applications development and management, managed edge-to-cloud infrastructure services, systems integration and global data centers. "
target parent: Summit Park LLC
target: Aspirent Consulting
Aspirent partners with the world’s largest organizations to simplify their most complex data and digital challenges. Through a combination of proven frameworks and unbiased technology expertise Aspirent delivers custom-fit, data-driven solutions focused on the outcomes that matter most.
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closed 10/12/2022 via Company Press Release

Ernst & Young, LLP, acquired Red Moki Limited

synopsis: Ernst & Young, New Zealand and Ernst & Young, Australia have strengthened their transformation and ServiceNow technology capabilities through Ernst & Young Limited’s acquisition of the business of New Zealand-headquartered Red Moki, an elite ServiceNow partner specialized in developing and managing intelligent automated workflows.
buyer: Ernst & Young, LLP
EY is a global professional services organization that exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. "
target: Red Moki Limited
Established in 2017, Red Moki is an elite ServiceNow partner specialized in developing and managing intelligent automated workflows. The firm works across sectors, including for clients in the government, financial services, consumer goods, and telecommunications landscape.
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closed 9/28/2022 via BusinessWire

Quad-C Management, Inc., acquired Synoptek, Inc.

synopsis: Synoptek, a leading global business and digital transformation advisory and consulting firm, announced a majority recapitalization with a leading mid-market private equity firm, Quad-C Management, Inc. The acquisition will support Synoptek's ability to drive even more substantial business results and digital transformation for its valued customers.
buyer: Quad-C Management, Inc.
Quad-C is a middle market private equity firm focused on investing in well-established business and consumer services, healthcare, industrials specialty distribution, and transportation and logistics companies. Quad-C has invested over $4 billion of capital in more than 80 platform companies. "
target parent: Sverica Capital Management, LLC
target: Synoptek, Inc.
Synoptek is a global, full-service business and digital technology solutions provider and advisory firm that helps companies envision, transform and evolve. Synoptek partners with organizations worldwide, helping them navigate the ever-changing technology landscape and build solid tech foundations.
price ($mm)
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closed 9/28/2022 via Company Press Release

Ntiva Inc., acquired MXOtech

synopsis: Ntiva, Inc., a leading provider of managed IT and security services, has acquired MXOtech, a provider of custom web applications that empower day-to-day operations and reduce user frustration. The acquisition strengthens Ntiva's presence in the Midwest and adds unique skills and expertise that will benefit Ntiva and MXOtech clients across the U.S.
buyer parent: PSP Partners
buyer: Ntiva Inc.
Ntiva is an IT services company that provides businesses with advanced technology expertise, including managed IT, cloud hosting, cybersecurity, unified communications, and strategic consulting services. Ntiva aims to help clients leverage technology investments to improve business performance. "
target: MXOtech
MXOtech helps clients achieve their business goals by providing the right mix of technology, strategy and expertise required to effectively implement and manage ever-changing tech offerings and business requirements. Their services include co-managed IT, cloud, disaster recovery, and more.
price ($mm)
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closed 9/16/2022 via BNC Analysis

Wavestone, acquired Coeus Consulting

synopsis: Wavestone, a global management and IT consulting firm, has acquired Coeus Consulting, an independent, award-winning IT advisory firm in the UK. Coeus Consulting empowers technology, business and procurement leaders to deliver more. They offer services that cover the entire IT lifecycle, including IT strategy, IT sourcing, change and architecture.
buyer: Wavestone (ENXTPA:LCO:$469.54)
Wavestone is a global management and IT consulting firm. Wavestone's mission is to inform and guide large companies and organizations in their most critical transformations. They offer services for customer experience, supply chain, cyber security, procurement, IT strategy, and more. "
target: Coeus Consulting
Coeus Consulting is an independent, award-winning IT advisory firm in the UK. Coeus Consulting empowers technology, business and procurement leaders to deliver more. They offer services that cover the entire IT lifecycle, including IT strategy, IT sourcing, change and architecture.
price ($mm)
$20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/7/2022 via BNC Analysis

Scandio GmbH, acquired Anarcon GmbH

synopsis: HiQ, a tech-consultancy firm, is growing in the German market as its German subsidiary Scandio welcomes Munich-based agile consulting company anarcon to the team. anarcon provides services in the IT sector, in particular agile consulting services with a focus on the Atlassian environment.
buyer parent: Triton
buyer: Scandio GmbH
Scandio, based in Germany, transforms products, processes and organizations for the digital world. Scandio has been digitizing products, processes and organizations since 2003 - from the initial consultation to the rollout in the cloud. "
target: Anarcon GmbH
anarcon is a Munich-based agile consulting company. anarcon provides services in the IT sector, in particular agile consulting services with a focus on the Atlassian environment.
price ($mm)
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closed 9/7/2022 via BNC Analysis

Performance Technologies S.A., acquired Adaptera

synopsis: Performance Technologies A.E., a leading IT solutions provider in Greece, has acquired a 60% stake in Adaptera MON. IKE, a provider of ICT services in Greece. Adaptera provides integrated visibility, performance optimization and advanced security solutions to support their customers’ digital transformation journey.
buyer: Performance Technologies S.A. (ATSE:PERF:$37.92)
Performance is a leading IT solutions provider in Greece. Performance helps their clients to solve their IT engineering challenges. They offer solutions and services for cloud computing, data analytics, business process & flow automation, cyber security, and remote work. "
target: Adaptera
Adaptera is a provider of ICT services in Greece. Adaptera provides integrated visibility, performance optimization and advanced security solutions to support their customers’ digital transformation journey. They offer solutions for IT automation, performance testing, data visualization, and more.
price ($mm)
$1.81*
rev ($mm)
$2
EBITDA ($mm)
$0
EV / rev
1.3x
EV / EBITDA
6.4x
closed 9/6/2022 via BusinessWire

Kelso & Company, acquired Emtec, Inc.

synopsis: Funds managed by Kelso & Company, one of the oldest and most established firms specializing in private equity investing, have acquired a majority interest in Emtec, Inc., a leading provider of IT consulting and digital services to medium and large enterprises.
buyer: Kelso & Company
Kelso is one of the oldest and most established firms specializing in private equity investing. Since 1980, Kelso has invested 10 funds, representing over $13 billion of equity capital, in 125 transactions. "
target: Emtec, Inc. (ETEC:$224.57)
Emtec is a Global IT consultancy dedicated to helping world class organizations drive transformation and growth by employing the latest enterprise technologies and innovative business processes.
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closed 9/1/2022 via BNC Analysis

Kick ICT Group, acquired Consilium UK Ltd

synopsis: IT services provider Kick ICT has acquired Consilium UK, an expert IT consultancy, solutions, support and development services business. Established in 1998, Consilium provides IT consulting, support, cloud and security services throughout the UK.
buyer: Kick ICT Group
Kick ICT is Scotland's leading independent IT services business. They have helped businesses succeed for 40 years, providing them with financial and business management software, Microsoft Dynamics 365 solutions, managed IT and cloud services. "
target: Consilium UK Ltd
Consilium UK is an expert IT consultancy, solutions, support and development services business. Established in 1998, Consilium provides IT consulting, support, cloud and security services throughout the UK.
price ($mm)
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closed 8/24/2022 via Company Press Release

Flotek Group Limited, acquired Gower Business Systems

synopsis: Ambitious IT & Managed Service Provider Flotek has acquired Gower Business Systems, a Swansea-based IT Provider specializing in the legal and professional services sector.
buyer: Flotek Group Limited
Flotek Group Limited is an IT & Comms service provider taking SMEs to the Cloud with confidence, clarity and clout. They offer services in Managed IT support, networking, communications, cloud computing, and more. "
target: Gower Business Systems
Gower Business Systems is a Swansea-based IT Provider specializing in the legal and professional services sector.
price ($mm)
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closed 8/10/2022 via PR Web

New Era Technology, acquired Aptude

synopsis: Aptude, Inc. has been acquired by New Era Technology, Inc. Founded more than 20 years ago, Aptude is a leader in digital transformation, offering a wide range of services and solutions including application development, business intelligence, application support, and more.
buyer parent: Sentinel Capital Partners
buyer: New Era Technology
New Era Technology is a global managed technology solutions provider. New Era serves as a trusted adviser to more than 12,000 customers worldwide. Customers rely on New Era’s seamless blend of solutions that securely connect people, places, and information in a rapidly changing digital world. "
target: Aptude
Aptude is an IT consulting firm incorporated in 2000. Aptude provides clients across multiple industries with quality IT professionals and consultants to assist them in creating innovative business solutions.
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announced 7/28/2022 via BusinessWire

Sopra Steria, will acquire CS GROUP

synopsis: Sopra Steria is to acquire CS GROUP, which supports its customers in highly sensitive sectors in the design and implementation of their critical systems, aiding them in conducting operations in the context of their most demanding missions in terms of availability and security.
buyer: Sopra Steria (ENXTPA:SOP:$4,682.80)
Sopra Steria, a French leader in digital transformation, provides one of the most comprehensive portfolios of offerings on the market. It provides end to-end solutions to address the core business needs of large companies and organizations, helping them grow and remain competitive. "
target: CS GROUP
CS GROUP supports its customers in highly sensitive sectors in the design and implementation of their critical systems, aiding them in conducting operations in the context of their most demanding missions in terms of availability and security.
price ($mm)[EV]
$289 [$292]
rev ($mm)
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announced 6/15/2022 via Company Press Release

Know IT AB, will acquire Miracle A/S

synopsis: Knowit AB, a Nordic consultancy firm that supports companies and organizations in their digital transformation, will acquire Miracle, an IT house in Denmark focused on providing fast, secure and cost-effective solutions to their customers. They offer services for design, development, integration and operation.
buyer: Know IT AB (OM:KNOW:$588.48)
Knowit is a Nordic consultancy firm that supports companies and organizations in their digital transformation. Knowit works with their clients and partners to develop innovative and sustainable digital solutions that drive business value. "
target: Miracle A/S
Miracle is an IT house focused on providing fast, secure and cost-effective solutions to their customers. Their services include design, development, integration and operation - either in the customers' existing environment, in the cloud or on mobile platforms. They are based in Denmark.
price ($mm)
$21*
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 5/25/2022 via GlobeNewswire

Nortal AS, will acquire Skelia

synopsis: Multinational strategic change and technology company Nortal announced it is acquiring Skelia, an international leader in building cross-border IT and engineering organizations and affiliate companies in Eastern Europe.
buyer: Nortal AS
Nortal is an international high-end software development solutions provider in public and private sector. Their success is built on long-lasting relationships and delivering the best quality mission-critical solutions to their clients in selected industries across Europe, Middle East and Africa. "
target: Skelia
Skelia is an international leader in building cross-border IT and engineering organizations and affiliate companies in Eastern-Europe. Skelia was founded in 2008 and currently employs more than 350 people, mainly in Ukraine and Poland.
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closed 4/19/2022 via BusinessWire

Coretelligent, acquired Chateaux Software

synopsis: Coretelligent, a leading provider of comprehensive managed and co-managed white glove IT support, cybersecurity and cloud services, has acquired Chateaux, a leading provider of technology services and solutions, helping mid-market and enterprise-level organizations drive informed strategic decisions with real-time operational impact.
buyer parent: Norwest Equity Partners
buyer: Coretelligent
Coretelligent is a leading provider of comprehensive managed IT, security, and unified cloud management services, enabling organizations to seamlessly power and successfully grow their businesses. "
target: Chateaux Software
Chateaux is a leading provider of technology services and solutions, helping mid-market and enterprise-level organizations drive informed strategic decisions with real-time operational impact.
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closed 4/14/2022 via PR Newswire

Renovus Capital, acquired Profitoptics

synopsis: Renovus Capital Partners, a Philadelphia-area based investment firm, has acquired ProfitOptics. Founded in 2008, ProfitOptics is a digital transformation company that leverages its proprietary software and custom product development capabilities to automate clients' manual workflows and help them achieve their business and profit targets.
buyer: Renovus Capital
Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. The firm's current portfolio includes over 20 U.S.-based businesses specializing in educational technology, higher education, corporate training, healthcare services, and technology services. "
target: Profitoptics
ProfitOptics is a technology services company that uses proprietary software to deliver customized solutions to its global clients. The company's offerings include data and analytics, profit optimization, and enterprise application development and are supported by its on-shore and off-shore team.
price ($mm)
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closed 10/19/2022 via PR Newswire

Renovus Capital, acquired Premier International Enterprises, LLC

synopsis: Renovus Capital Partners, a Philadelphia-area based investment firm, has acquired a majority stake in Premier International Enterprises, LLC. Premier is a technology services firm offering solutions that reduce the risk associated with complex data challenges through innovative technology and consulting services.
buyer: Renovus Capital
Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. The firm's current portfolio includes over 25 U.S.-based businesses specializing in educational technology, higher education, corporate training, healthcare services, and technology services. "
target: Premier International Enterprises, LLC
Premier International Enterprises is a Chicago-based technology consulting firm specializing in data migration. The company's innovative services and Applaud software reduce the overall risk in a technology transformation and ensure projects remain on track in even the most complex environments.
price ($mm)
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closed 8/10/2022 via PR Newswire

EducationDynamics, LLC, acquired EDU First, LLC

synopsis: EducationDynamics, a leading higher education marketing agency, has acquired EDU First, a leading provider of high-quality adult student prospects for colleges and universities. The acquisition will expand EducationDynamics' scope and capabilities in delivering on its mission of connecting interested individuals with higher education institutions.
buyer parent: Renovus Capital
buyer: EducationDynamics, LLC
EducationDynamics is the industry leader in helping colleges and universities achieve their enrollment goals through the company's unique ability to find the highest quality adult student prospects. "
target: EDU First, LLC
EDU First matches qualified student prospects with educational institutions that fit their needs. With a focus on quality, technology, efficiency, and interpersonal training, EDU First aims to provide an environment that fosters the sharing of information tailored to the student experience.
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closed 7/11/2022 via BusinessWire

MidOcean Partners, acquired Pragmatic Institute

synopsis: MidOcean Partners, a premier middle market private equity firm focused on the business services and consumer sectors, announced that it has acquired Pragmatic Institute from Renovus Capital Partners and other investors. Pragmatic Institute is a corporate training company focused on serving product management and marketing professionals.
buyer: MidOcean Partners
MidOcean Partners is an alternative asset manager that specializes in middle market private equity and alternative credit investments. The firm manages approximately $4.8 billion of committed capital and targets investments in middle market companies in the consumer and business services sectors. "
target parent: Renovus Capital
target: Pragmatic Institute
Based in Scottsdale, AZ, Pragmatic Institute is a corporate training company focused on serving product management and marketing professionals. Pragmatic Institute has been delivering targeted training courses to technology companies around the world.
price ($mm)
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closed 4/14/2022 via PR Newswire

Renovus Capital, acquired Profitoptics

synopsis: Renovus Capital Partners, a Philadelphia-area based investment firm, has acquired ProfitOptics. Founded in 2008, ProfitOptics is a digital transformation company that leverages its proprietary software and custom product development capabilities to automate clients' manual workflows and help them achieve their business and profit targets.
buyer: Renovus Capital
Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. The firm's current portfolio includes over 20 U.S.-based businesses specializing in educational technology, higher education, corporate training, healthcare services, and technology services. "
target: Profitoptics
ProfitOptics is a technology services company that uses proprietary software to deliver customized solutions to its global clients. The company's offerings include data and analytics, profit optimization, and enterprise application development and are supported by its on-shore and off-shore team.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 10/7/2021 via PR Newswire

Renovus Capital, acquired EducationDynamics, LLC

synopsis: EducationDynamics, a market leader in higher education marketing, enrollment management and student success coaching announces its acquisition by Renovus Capital Partners. Renovus is committed to investing in services and capabilities that will strengthen EducationDynamics' partnership with colleges and universities.
buyer: Renovus Capital
Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. The firm's current portfolio includes over 20 U.S.-based businesses specializing in educational technology, higher education, corporate training, healthcare services, and technology services. "
target: EducationDynamics, LLC
EducationDynamics is the industry leader in helping colleges and universities find the highest quality student prospects to achieve their enrollments goals. EducationDynamics has earned a reputation for providing the resources and expertise required to meet today’s recruitment challenges.
price ($mm)
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closed 7/28/2021 via PR Newswire

Renovus Capital, acquired LeapPoint

synopsis: Renovus Capital Partners, a Philadelphia-area private equity firm, has acquired LeapPoint, LLC, a leading digital consulting firm specializing in connecting work, technology, and talent to drive unparalleled business experiences and outcomes. The acquisition will allow LeapPoint to scale faster and serve a larger set of enterprise clients.
buyer: Renovus Capital
Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. The firm's current portfolio includes over 20 U.S.-based businesses specializing in educational technology, higher education, corporate training, healthcare services, and technology services. "
target: LeapPoint
LeapPoint is a leading digital consulting firm that connects work, technology, and talent to solve big business challenges and drive successful outcomes. Their services include strategy & roadmapping, business process, implementation, integration & development, business intelligence, and more.
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closed 10/30/2020 via Company Press Release

PowerSchool Group LLC, acquired Hoonuit

synopsis: PowerSchool, the largest U.S. provider of K-12 education technology solutions, announced that it has acquired Hoonuit, a leading provider of data management and analytics solutions in education that is on a mission to empower educators and communities with knowledge and insights to improve student outcomes.
buyer parent: Onex Corporation
buyer: PowerSchool Group LLC (:$528.60)
PowerSchool's mission is to power the education ecosystem with unified technology that helps educators and students realize their potential. PowerSchool helps schools and districts efficiently manage instruction, grading, attendance, analytics, state reporting, talent, finance, and HR. "
target parent: Renovus Capital
target: Hoonuit
Hoonuit, a leading provider of data management and analytics solutions in education, is on a mission to empower educators and communities with knowledge and insights to improve student outcomes. Hoonuit supports more than 300 active implementations nationwide and serves over five million students.
price ($mm)
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announced 10/29/2020 via Company Press Release

American Public Education, Inc., will acquire Rasmussen College, Inc.

synopsis: American Public Education, Inc. – parent company of online learning provider American Public University System and on-ground, pre-licensure Hondros College of Nursing – will acquire Rasmussen University (Rasmussen College), a nursing- and health sciences-focused institution serving in the US.
buyer: American Public Education, Inc. (APEI:$297.69)
American Public Education, Inc. (APEI) is a leading provider of higher learning dedicated to preparing students all over the world. APEI offers academic programs and services to students, universities and partner organizations through Hondros College of Nursing. "
target parent: Renovus Capital
target: Rasmussen College, Inc.
Rasmussen University (Rasmussen College) is a nursing- and health sciences-focused institution serving over 18,000 students at its 24 campuses across six states and online. Rasmussen is one of the largest providers of pre-licensure nursing programs in the United States.
price ($mm)
$329
rev ($mm)
$256
EBITDA ($mm)
$43
EV / rev
1.3x
EV / EBITDA
7.7x
closed 10/21/2020 via PR Web

Clinical Care Options, acquired Global Medical Education, Inc.

synopsis: Clinical Care Options, LLC (CCO) has acquired Global Medical Education (GME), a nationally recognized provider of continuing education for healthcare professionals primarily focused on psychiatry. GME’s addition to the CCO brand strengthens its commitment to deliver world-class solutions to psychiatric learners worldwide.
buyer parent: Renovus Capital
buyer: Clinical Care Options
Clinical Care Options is the global leader in the development of innovative, enduring, virtual, and live education. Integrating personalization and moderated social media, CCO provides medical and healthcare education and information for the entire healthcare team to improve patient outcomes. "
target: Global Medical Education, Inc.
Global Medical Education (GME) is a medical education company focusing primarily on psychiatry that offers free, timely, unbiased, evidence-based information from the world’s leading experts to clinicians through a variety of formats.
price ($mm)
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closed 7/8/2020 via PR Newswire

Infobase, purchased Professional Development and Training Platform from Hoonuit

synopsis: Infobase has announced the acquisition of Hoonuit's Professional Development and Training Platform, the leading solution for educators needing to improve student learning and meet district, state, and department objectives.
buyer parent: Centre Lane Partners, LLC
buyer: Infobase
Infobase, a Centre Lane Partners portfolio company, is a leading provider of award-winning digital reference content to the school and library community. Infobase provides students, educators, and librarians with a broad range of products that both enhance and enrich the learning experience. "
seller parent: Renovus Capital
seller: Hoonuit
The acquisition includes Hoonuit's Professional Development and Training Platform, the leading solution for educators needing to improve student learning and meet district, state, and department objectives. Hoonuit is a leading provider of data management and analytics solutions in education.
price ($mm)
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closed 7/6/2020 via PR Newswire

EDIC College, Inc. merged with Columbia Central University,

synopsis: Renovus Capital Partners, a Philadelphia-area investment firm, announced that its portfolio company, EDIC College, a Caguas Puerto Rico based health sciences college has merged with Columbia Central University ("CCU"). EDIC College is a post-secondary educational institution that provides degree programs aimed at high-demand areas of health care.
buyer: Columbia Central University
Columbia Central University was founded in 1966, as Caguas City College. It is a non-sectarian, proprietary institution of higher education committed to an environment of academic excellence and quality services. "
target parent: Renovus Capital
target: EDIC College, Inc.
EDIC College is a post-secondary educational institution that provides degree and diploma programs aimed at high-demand areas of health care. With a solid academic background that combines theory and practice as a primary method of learning, EDIC is committed to preparing competent professionals.
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closed 5/29/2020 via BNC Analysis

KSM Consulting, acquired Advocate Solutions

synopsis: Indianapolis-based KSM Consulting LLC has acquired Ohio-based Advocate Solutions, a consulting firm specializing in public assistance contact centers and health and human services technology. The company says the acquisition will add 28 data and technology professionals to its workforce. 
buyer parent: Renovus Capital
buyer: KSM Consulting
Indianapolis-based KSM Consulting, LLC (KSMC) is a technology, data, and management consulting firm. KSMC works in both the public and private sectors across all industries to help clients fulfill their missions, meet their goals, and solve their toughest challenges. "
target: Advocate Solutions
Ohio-based Advocate Solutions is a consulting firm specializing in public assistance contact centers and health and human services technology. Advocate has successfully implemented critical projects government entities ranging from business intelligence, custom development, and more.
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closed 3/25/2020 via Company Press Release

The Riverside Company, acquired Red Nucleus Solutions LLC

synopsis: The Riverside Company has acquired Red Nucleus Enterprises, LLC, a company that offers learning and compliance services to customers in the global life sciences industry. Red Nucleus's learning business designs and develops training content that includes e-learning modules, mobile apps, virtual training, workshops, games, and printed materials.
buyer: The Riverside Company
The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Riverside has invested in more than 560 transactions and it's international portfolio includes more than 80 companies. "
target parent: Renovus Capital
target: Red Nucleus Solutions LLC
Red Nucleus offers full-service design, development, and management of learning and regulatory solutions. The company’s learning division designs and develops training content and technology to efficiently convey strategy and information to global sales teams, medical liaisons, and others.
price ($mm)
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EV / rev
EV / EBITDA
closed 1/7/2020 via BusinessWire

Frontenac Company LLC, acquired Prime Technology Group, Inc.

synopsis: Frontenac, a private equity firm, has acquired Prime Technology Group, a provider of outsourced application development and managed software solutions for complex, highly regulated industries. Prime partners with its clients to develop and deliver cutting edge customized software solutions that are integral to its client’s core business operations.
buyer: Frontenac Company LLC
Frontenac is a leading private equity firm focused on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with proven operating leaders to identify, acquire, and build market leading companies. "
target parent: Renovus Capital
target: Prime Technology Group, Inc.
Prime Technology Group is a global, technology services company. Prime provides outsourced software application development solutions, managed software solutions, and enterprise content management solutions for highly regulated industries including healthcare, insurance, and financial services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/5/2019 via Company Press Release

Hoonuit, acquired Tembo Inc.

synopsis: Hoonuit, a leading provider of data management, analytics, and professional learning solutions in education, announced its acquisition of Tembo, Inc., a leader in public assessment and accountability reporting.
buyer parent: Renovus Capital
buyer: Hoonuit
Hoonuit provides educators with the tools needed to take informed, impactful action. Through solutions that provide intuitive analytics and personalized professional development, Hoonuit fuels teacher, staff and student success. "
target: Tembo Inc.
Tembo is a leading provider of data-related products and services in the K-12 education space. Their solutions are used by state and district education agencies to build dynamic performance rubrics, forecast accountability results, and configure and personalize school profiles and scorecards.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/15/2019 via PR Web

Clinical Care Options, will acquire MCM Education

synopsis: Clinical Care Options®, a Continuing Education Alliance Holdings company, announced that it has entered into definitive agreement to acquire Medical Communications Media, Inc (MCM Education), a continuing education company that provides live and online education to physicians, nurses, nurse practitioners, physician assistants, and pharmacists.
buyer parent: Renovus Capital
buyer: Clinical Care Options
Clinical Care Options (CCO) is a premier medical education, education technologies and medical publishing company. Utilizing its own proprietary technologies and best of breed portal technology, CCO is focused in specialty areas, including HIV, hepatitis, hematology and oncology. "
target: MCM Education
MCM Education is a full-service medical education company with comprehensive internal resources to include: medical writing and editing, design, programming and web-authoring, meeting management, teleconference management and project management.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 6/20/2019 via BNC Analysis

KSM Consulting, acquired Connect Think, LLC

synopsis: KSM Consulting, a technology, data, and management consulting firm, has acquired Connect Think, a software development company that specializes in mobile apps, custom software development and information technology consulting. Connect Think develops best-in-class, integrated solutions for web, mobile, and desktop platforms.
buyer parent: Renovus Capital
buyer: KSM Consulting
Indianapolis-based KSM Consulting, LLC (KSMC) is a technology, data, and management consulting firm. KSMC works in both the public and private sectors across all industries to help clients fulfill their missions, meet their goals, and solve their toughest challenges. "
target: Connect Think, LLC
Connect Think is a software development company that specializes in mobile apps, custom software development and information technology consulting. Connect Think develops best-in-class, integrated solutions for web, mobile, and desktop platforms.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 6/12/2019 via PR Newswire

Hoonuit, acquired DecisionInsite

synopsis: Hoonuit, the leading provider of data management, analytics, and professional learning solutions in education, announced the acquisition of DecisionInsite, a provider of enrollment analytics and geographic information system (GIS) technology.
buyer parent: Renovus Capital
buyer: Hoonuit
Hoonuit provides educators with the tools needed to take informed, impactful action. Through solutions that provide intuitive analytics and personalized professional development, Hoonuit fuels teacher, staff and student success. "
target: DecisionInsite
DecisionInsite is a provider of enrollment analytics and geographic information system technology. They provide school district leaders professional expertise, aiming them with proper tools for addressesing enrollment challenges.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/24/2019 via PE Hub

Renovus Capital, acquired KSM Consulting

synopsis: Renovus Capital Partners has acquired a majority stake in Indianapolis-based KSM Consulting (KSMC), a technology services and data analytics consultancy. KSMC works in both the public and private sectors across all industries to help clients fulfill their missions, meet their goals, and solve their toughest challenges.
buyer: Renovus Capital
Founded in 2010, Renovus Capital Partners is an education, training and human capital focused private equity firm. Renovus is based outside of Philadelphia and manages $500 million of committed capital through two funds. "
target: KSM Consulting
Indianapolis-based KSM Consulting, LLC (KSMC) is a technology, data, and management consulting firm. KSMC works in both the public and private sectors across all industries to help clients fulfill their missions, meet their goals, and solve their toughest challenges.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/3/2019 via PR Newswire

Hoonuit, acquired Mizuni, Inc.

synopsis: Hoonuit, a leading provider of data management and professional learning solutions, announced the acquisition of Texas-based Mizuni, a provider of data integration and data warehouse solutions with a long successful history in helping K-12 districts in Texas, Oklahoma, and other states manage their data.
buyer parent: Renovus Capital
buyer: Hoonuit
Hoonuit provides educators with the tools needed to take informed, impactful action. Through solutions that provide intuitive analytics and personalized professional development, Hoonuit fuels teacher, staff and student success. "
target: Mizuni, Inc.
Mizuni, Inc. provides a k12 big data platform that streamlines district data to help schools make better decisions and set students on their unique path to success. They have a long successful history in helping K12 districts in Texas, Oklahoma, and other states through managing their data.
price ($mm)
rev ($mm)
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announced 1/4/2018 via PR Newswire

SilverLake, will acquire Weld North Education

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

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)
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