M&A Deals that closed plus profile of Thoma Bravo


If you have a great deal (i.e. great vs. good), let me introduce you to one of my friends that is a partner in Venture Capital, Private Equity, or other types of investors.  I have spent a lot of time looking at deals in Thoma Cressey Equity Partners office, so today we profile Thoma Bravo LLC with its new $1.25 billion fund.  Learn more about JD Morris:  http://www.linkedin.com/in/jdmorris

CLOSED DEALS:

  • Avnet Inc. Acquired Universal Semiconductor, Inc.
  • BioScrip Inc Acquired HomeChoice Partners, Inc.
  • Dropbox Inc Acquired Audiogalaxy Inc
  • Evans Analytical Group (EAG) Acquired SEAL Laboratories
  • Pharmerica Corp Acquired Amerita, Inc.
  • Plains All American Pipeline, L. P. Acquired Chesapeake Energy Corporation
  • Raytheon Company Acquired SafeNet, Inc
  • Rosco Vision Systems Acquired Mirror Lite Company Inc
  • SCBT Financial Corporation Acquired The Savannah Bancorp, Inc
  • Schlumberger Limited (ADR) Acquired GeoKnowledge

PROFILE THOMA BRAVO LLC

Thoma Bravo Logo NEW 10.21.08 reduced for website

ABOUT THOMA BRAVO

Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. The firm has continued to apply the concept of industry consolidation investing, which seeks to create value through the strategic use of acquisitions to accelerate business growth. Thoma Bravo invests across multiple industries, with a particular focus in enterprise and infrastructure software and financial and business services, and works in partnership with management to implement its operating and consolidation expertise to build long-term value. The firm currently manages a series of private equity funds representing almost $4 billion of equity commitments.  In software, Thoma Bravo has completed 54 add-on acquisitions across 26 platform companies with total annual earnings of approximately $1 billion.  For more information: www.thomabravo.com.

ABOUT CARL THOMA:

  • American Amicable Holding, Inc. (Board Member)
  • Datatel, Inc. (Board Member)
  • Desgrippes Gobe Group, Inc. (Board Member)
  • Excelligence Learning Corporation (Board Member)
  • Global DocuGraphiX, Inc.
  • LAGA, Inc. (Board Member)
  • Local Media of America, Inc. (Board Member)
  • Meridian Mortuary Group, Inc.
  • Viecore, Inc. (Board Member)

More about Carl Thoma: http://www.thomabravo.com/team/thoma/

X MARKS SPOT (NEW 1.25 BILLION FUND X):

Thoma Bravo, LLC, a leading private equity investment firm, announced today it has completed fundraising for Thoma Bravo Fund X. The Fund closed at $1.25 billion and was substantially oversubscribed.

Thoma Bravo will invest Fund X by continuing to apply its buy and build strategy in consolidating industries with a focus on enterprise and infrastructure software and financial and business services. The firm is led by its four managing partners: Orlando Bravo, Scott Crabill, Lee Mitchell and Carl Thoma, and two partners: Holden Spaht and Seth Boro.

“We are very pleased with the success of our last three funds which, of course, was an important factor in the strong reception Fund X achieved,” said Carl Thoma. “With the new fund, we expect to continue our investment focus on consolidating industry sectors, support for existing management, immediate operational improvements, and rapid growth through accretive acquisitions–all part of our more than 30-year heritage.”

Read More: http://www.thomabravo.com/2012/02/28/thoma-bravo-completes-fundraising-for-newest-fund-2/

Investor Network by JD

Happy Investing and Networking,

JD Morris

JD Morris

Profile: http://www.linkedin.com/in/jdmorris

Find us on Facebook: https://www.facebook.com/InvestorNetwork

Join us for our next event: https://accreditedinvestornetwork.wordpress.com/investor-network-event/

Deal that closed plus profile of ABS Capital Partners


If you have a great deal (i.e. great vs. good), let me introduce you to one of my friends that is a partner in Venture Capital, Private Equity, or other types of investors.  Learn more about JD Morris:  http://www.linkedin.com/in/jdmorris

DEALS THAT CLOSED:

  • Advantage Sales and Marketing Acquired Action West Group
  • Arthur J. Gallagher & Co Acquired CharterLakes Marine Insurance
  • Belden Inc. Acquired Project Performance Corporation
  • Bergmann Associates Acquired Gantt Huberman Architects
  • Finn Partners Acquired M. Silver Associates Inc
  • Furmanite Corporation Acquired ENGlobal Corporation
  • HealthEdge Acquired Click4Care Inc
  • Highlander Partners, L.P. USA Acquired Custom Window Systems, Inc.
  • Liberty Interactive Corporation Acquired TripAdvisor Inc
  • Navitas System USA Acquired A123 Systems
  • Outbrain Inc Acquired Scribit
  • PERNIX Therapeutics Acquired Somaxon Pharmaceuticals, Inc
  • Rhino Linings Corporation Acquired BioBased Insulation LLC
  • Sutherland Global Services Acquired Apollo Health Street Ltd
  • Trio Merger Corp Acquired SAExploration
  • Uni-World Capital L.P. Acquired VanDeMark Chemical, Inc.
  • Watchdox Inc Acquired InstallFree, Inc

PROFILE OF ABS CAPITAL PARTNERS:

ABS Capital

Learn more: http://www.abscapital.com

ABS INVESTMENT CRITERIA:

– Revenues greater than $20 million
– Capacity for revenue growth greater than 25%
– Where a $10 to $50 million investment allows for active partnership

THE DEAL RED HOOK CAPITAL MISSED:

ARLINGTON, VA — February 23, 2012 – Rosetta Stone Inc. (NYSE:RST), a leading provider of technology-based language-learning solutions, today announced that its Board of Directors has named Stephen M. Swad as President and Chief Executive Officer, effective immediately.

“Steve has become a key operating executive at the company and established a close working relationship with the Board and the Rosetta Stone team, with positive involvement in major initiatives and strategic decision-making since he joined Rosetta Stone in November 2010,” said Rosetta Stone Inc. Chairman of the Board, Laurence Franklin. “Steve has been instrumental in establishing the infrastructure, management and processes to position Rosetta Stone to execute on the company’s worldwide growth objectives. Steve has also been active in corporate strategy over the past year and has instituted a robust discipline and rigor surrounding the company’s decision making.”

Read more: http://www.abscapital.com/news/portfolio-company-rosetta-stone-inc-elevates-stephen-m-swad-to-president-and-chief-executive-officer/

PROFILE OF DERIC EMRY (from LinkedIN):

I assist growth companies in the media and communications industry on behalf of ABS Capital Partners. We provide “growth equity” investments of $10-40 million. ABS defines growth stage companies as those growing at a rate of 30% or greater and with trailing revenues of at least $10-20 million. I am interested in compelling companies run by experienced executives that are participating in the transformation of advertising spend and content delivery.

Read more from website: http://www.abscapital.com/our-team/#deric-emry

FROM JD MORRIS:

Investor Network by JD

  1. ABS Capital Partners is a great private equity and I will not hold it against them for for beat me to buying Rosetta Stone due to my strategy of buying with the the management team.
  2. We will be hosting Investor Network Event Jan. 9th in San Diego, CA and a live Webinar. To learn more: https://accreditedinvestornetwork.wordpress.com/2012/12/08/investor-network-deals-and-investors-night/

Happy Networking and Investing,

JD Morris headshot

JD Morris

Join me on LinkedIn: http://www.linkedin.com/in/jdmorris

Profile of Platinum Equity plus list of recent M&A deals in December!


Here is today’s list of M&A deals that closed recently:

  • Amgen, Inc Acquired deCODE genetics
  • Golden Gate Capital Acquired Ex Libris
  • Gores Technology Group LLC Acquired Harris Broadcast Communications
  • Group 1 Automotive, Inc Acquired Rivertown Ford
  • Heartland Financial USA, Inc. Acquired Heritage Bank
  • Hertzbach & Company, P.A. Acquired Connor & Loubier CPAS, LLC
  • InComm Acquired Adility
  • Intermec Inc. Acquired Honeywell International Inc
  • Laurus Corporation Acquired Sofitel
  • The Clark Group Inc. Acquired Preprint Logistics Management Inc
  • VizStar, Inc Acquired Kimberly Parry Corporation
  • William Lyon Homes Acquired Village Homes

If you have a great deal (i.e. great vs. good), let me introduce you to one of my friends that is a partner in Venture Capital, Private Equity, or other type of investor.  Based on the Gores Technology Group LLC deal, I picked his brother’s company Platinum Equity to profile.  Contact me at jdm.networking.com to let me tell you why I love this private equity firm and how Roger House can fast track your deal to get done in under 45 days!

PROFILE OF PLATINUM EQUITY:

Platinum Equity

KEY CONTACT ROGER HOUSE (from Platinum’s website):

Roger House established and currently oversees all of Platinum’s new acquisition screening efforts and its department of associates. He is responsible for driving growth through acquisitions, analyzing and assessing opportunities, managing the transaction process and working with the Business Development department to coordinate overall M&A&O  strategy.

Prior to joining Platinum Equity in 1997, Mr. House was an executive in the office products industry. Mr. House also provided consultation and project management services to Platinum Equity Chairman and CEO Tom Gores in the formal establishment of Platinum.

Mr. House graduated from Pennsylvania State University with a B.S. in Finance.

RECENT PLATINUM EQUITY DEAL (from press release):

Peoria, Ill. – Catepillar Inc (NYSE: CAT) and Platinum Equity announced today that Platinum Equity’s acquisition of a majority interest in Caterpillar Logistics Services has been completed. Caterpillar will retain a 35 percent equity stake in the business. The overall transaction is valued at approximately $750 million.

Caterpillar Logistics Services is the third party logistics division of Caterpillar’s wholly owned subsidiary, Caterpillar Logistics Inc. (Cat Logistics). Platinum intends to establish the business as a standalone company under a new brand that will be announced at a later date.

Read More: http://www.platinumequity.com/news/697/caterpillar-completes-sale-of-third-party-logistics-business-to-platinum-equity

NEW FUND UPDATE:

Platinum Equity , the Los Angeles-based buyout firm that owns a stake in the Detroit Pistons , has closed on $1.75 billion so far for its third buyout fund, according to two people with knowledge of the fund.

Read More: http://finance.fortune.cnn.com/tag/platinum-equity/

LEARN MORE ABOUT PLATIUM EQUITY: http://www.platinumequity.com/

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M&A Deals that closed recently plus profile of ClearLight Partners


Let us help you look at deals that closed in your space.  Here is a list of deals just announced:

  • Birko Corporation Acquired Espy Technologies Inc
  • Borden Hamman Agency Inc Acquired Barry J. Fisher Insurance Marketing Inc
  • C.J. Brown Realtors Acquired M.A. Allen
  • Hanger Orthopedic Group Inc Acquired Faith Prosthetic-Orthotic Services Inc
  • Hanger Orthopedic Group Inc Acquired SCOPE Orthotics & Prosthetics
  • Jannsen & Company Acquired TBG Networks
  • Max Sound Corporation Acquired Liquid Spins Inc
  • Perdue Partners LLC Acquired Benton Express, Inc.
  • Quad/Graphics Acquired Vertis Inc.
  • Rocket Farms Inc Acquired Herbthyme Farms

Do you have $4 million plus in EBITDA?  Let us introduce you to partner at private equity firm such as ClearLight Partners.  Just check my LinkedIn profile for great introductions: http://www.linkedin.com/in/jdmorris 

clearlight

ClearLight Partners LLC Profile:

ClearLight’s heritage, dating back to the 1980’s, consists of investing in and then growing a diverse collection of operating businesses on behalf of a large, highly regarded public company. As operators, we successfully grew small companies into mid-size market leading companies. We also developed many successful investments as a holding company. Through these experiences, we developed a strong, long-term relationship with our investor, who nearly three decades later remains our sole limited partner. The backing, agility and autonomy provided by this structure has proven effective in positioning ClearLight as a different sort of capital partner – unusually patient and operator-centric – for growing middle-market companies.

As the capital partner for a growing business, we seek to:

• Serve as a thoughtful and experienced sounding board for
discussing management’s ideas
• Help management respond to challenges and opportunities with
understanding, fresh ideas and a long-term viewpoint
• Invest in building lasting value and growing profits

To date, our principals have partnered with over 30 privately held businesses. Our team of investment professionals has assisted these businesses and their management teams in reaching a variety of objectives:

• Diversifying family wealth and providing shareholder liquidity
• Facilitating leadership succession
• Accelerating internal and external company growth
• Developing strategic plans
• Creating potential tax advantages from financial structure
• Accessing high-level contacts and best practices

Learn more at:  http://www.clearlightpartners.com

20+ M&A Deals plus Rona says looking to sell assets


Here are 20+ M&A deals as of today plus news about Rona selling assets. If you want detailed information in your industry, e-mail me at jdm.networking@gmail.com anytime.

NEWS: Rona says looking to sell assets

Canadian hardware retailer and distributor Rona Inc will sell assets and simplify its operations as part of a back-to-its-roots strategy designed to turn its fortunes around, the company’s interim chief executive said on Thursday.

Dominique Boies, who took the reins at Rona following last month’s exit of long-time CEO Robert Dutton, said he plans to bring profit margins in line with industry standards with his changes, which will shift the company’s focus back to its roots as a hardware distributor.

Read More: http://www.reuters.com/article/2012/12/06/rona-assetdisposal-idUSL4N09G2HD20121206

Always keep an eye on your core or roots business!

Investment Roots

DEALS:

  • Wind Point Partners Acquired Hilex Poly Co LLC
  • Baxter International Inc. Acquired Gambro Renal Products
  • Parallon Business Solutions Acquired Martin Fletcher
  • Citrix Systems, Inc Acquired Zenprise Inc
  • GHX Industrial, LLC Acquired Express Hose & Fittings II, LLC
  • Forum Energy Technologies Acquired Merrimac Manufacturing Inc.
  • Moss Adams LLP Acquired Mohler Nixon & Williams
  • Univar Acquired Magnablend Inc
  • NewBay Media LLC Acquired Intent Media
  • Commodore Builders Acquired A.J. Martini Inc
  • Constellation Software Inc. Acquired Honeywell POMS Corp.
  • PetroSkills LLC Acquired John M. Campbell & Company
  • International Business Machines – IBM Acquired Kenexa Corporation
  • Nuance Communications Inc. Acquired Ditech Networks Inc
  • Young Innovations Inc. Acquired Linden Capital Partners
  • Arthur J. Gallagher & Co Acquired Brendis and Brendis
  • GDT TEK Inc. Acquired Green USA Recycling Corp
  • AutoNation, Inc Acquired Boardwalk Audi
  • OppenheimerFunds Acquired SteelPath
  • ICV Partners Acquired SAFE Security, Inc
  • C&C Homecare, Inc. Acquired Allcare Medical
  • Hyland Software Acquired SIRE Technologies Inc
  • AOL LLC Acquired Buysight, Inc

If you want detailed information in your industry or deals, e-mail me at jdm.networking@gmail.com anytime. For Example, the AOL deal:

Terms of the deal were not disclosed.

AOL’s Advertising.com Group today announced that it has strengthened its premium advertising product offering by acquiring Buysight, Inc., a leading provider of retargeting and intent-based targeted advertising.

This transaction further solidifies the Advertising.com Group as a global leader in advertising technologies across display, mobile and video. The Advertising.com Group is the global partner of choice for leading publishers, advertisers and agencies seeking to maximize the value of their online brands, and includes Advertising.com, ADTECH, The AOL On Network, goviral and Pictela. The Group brings together end-to-end platforms and solutions for publishers and advertisers spanning ad serving, monetization, optimization, and premium advertising formats across all mediums including desktop, mobile, tablets and connected TVs.

“Our acquisition of Buysight is the perfect complement to our powerful suite of offerings for advertisers, agencies and publishers seeking to maximize their brands online,” said Ned Brody, CEO, Advertising.com Group. “We strongly believe that both brand and performance display, as well as mobile and video campaigns benefit from dynamic, targeted creatives and messaging. The acquisition of Buysight brings proven Dynamic Creative Optimization and machine learning capabilities which will further enhance AdLearn, our market-leading optimization engine, and its ability to provide brands and performance marketers a comprehensive and integrated optimization solution across channels.”

Based in Sunnyvale, California and founded in 2008, Buysight is a performance advertising company focused on retargeting using intent-based Dynamic Creative Optimization and advanced machine learning technology. More specifically, Buysight transforms online data into actionable knowledge, and uses it to dynamically render more tailored advertising experiences for marketers and consumers alike, all in real-time.

“Buysight is thrilled to become part of AOL and the Advertising.com Group,” said Armin Ebrahimi, CEO of Buysight. “The Advertising.com Group’s platforms bring even greater intelligence and scale to Buysight’s data-driven performance advertising business. Our retargeting and mid-funnel advertising products for online retailers, with the added power and reach of Advertising.com, represent best-in-class solutions and a comprehensive approach to driving real revenue gains for our clients. Our entire team is looking forward to being part of the Advertising.com Group and bringing our expertise to the world’s leading publishers, advertisers, and agencies.”

Preview deals every Monday night with Investor Network Nights


More than 150 investors expressed interest in our last Investor Network event. Contact InvestorNetworkNights@gmail.com should you want to pitch your deal! We only take “The Great Deal.”

Every Monday night is “Investor Network Nights” and every month we will host a live conference. Hear The Good, The Bad, and The Ugly and find your “The Great Deal!”

investor-network

INVESTOR NETWORK EVENTS:

Mon, Feb 25, 2013 Email Victoria at InvestorNetworkbyJDMorris@gmail.com should you want to pitch!

Happy Networking & Investing,

JD Morris

JD Morris

Chairman

Investor Network by JD Morris

SOCIAL NETWORKS:

Facebook URL: https://www.facebook.com/InvestorNetwork

LinkedIN URL: http://www.linkedin.com/groups/Investor-Network-JD-Morris-Accredited-53760/about