Private Equity
Ellie Mae has agreed to acquire Capsilon, a provider of AI-powered mortgage automation software for mortgage lenders, investors and servicers. No financial terms were disclosed. Jefferies was financial adviser to Capsilon on the deal with Kirkland & Ellis LLP providing legal counsel. And, Sidley Austin LLP provided legal advice to Ellie Mae. Capsilon is a portfolio company of Francisco Partners.
3 min read · 29 October 2019
Rockbridge Growth Equity has acquired ProSites Inc, a provider of online marketing solutions, from The Riverside Company. No financial terms were disclosed.
3 min read · 29 October 2019
ShootProof, which is backed by Providence Strategic Growth, has acquired Design Aglow, an e-commerce platform offering custom wholesale print products and sales tools to photographers. No financial terms were disclosed.
3 min read · 29 October 2019
BlueSnap has acquired Armatic, a provider of accounts receivable and invoicing automation solutions. No financial terms were disclosed. BlueSnap's backers include Great Hill Partners and Parthenon Capital Partners.
3 min read · 28 October 2019
Banijay Group has agreed to acquire Dutch media company Endemol Shine Group from Apollo Global Management and The Walt Disney Company. No financial terms were disclosed; however, various media outlets tag the value of the deal at $2.2 billion. Kirkland & Ellis is advising Banijay Group on the debt financing while LionTree Advisors is serving as financial adviser to Endemol Shine Group.
4 min read · 28 October 2019
Prometheus Group, which is backed by Genstar Capital, has acquired UK-based Engica, a provider of maintenance and safety management software. No financial terms were disclosed.
2 min read · 25 October 2019
H.I.G. Capital has agreed to acquire Meyra and Alu Rehab. No financial terms were disclosed. The deal is expected to close by the end of this year. Meyra is a provider of e-powered wheelchairs, rehabilitation equipment and orthopedics while Alu Rehab is a maker of comfort wheelchairs.
4 min read · 24 October 2019
Inmar, a data-driven technology-enabled services company, has acquired Boston-based ownerIQ, a media technology company. No financial terms were disclosed. JEGI advised ownerIQ on the deal. Inmar is a portfolio company of OMERS.
3 min read · 22 October 2019
Montreal-based Lightspeed POS Inc, a point of sale platform, has agreed to acquire Kounta Holdings Pty Ltd, an Australian cloud-based POS solutions provider to small and medium-sized businesses operating within the hospitality industry. According to terms of the deal, Lightspeed will acquire Kounta for about US$35.3 million. Earlier this year, Lightspeed POS went public on the Toronto Stock Exchange. Its pre-IPO backers included Caisse de dépôt et placement du Québec, Inovia Capital and Investissement Québec.
3 min read · 22 October 2019
Pine Tree Equity has recapitalized Milton, New Hampshire-based Shortridge Academy Ltd, a therapeutic boarding school. No financial terms were disclosed.
2 min read · 22 October 2019
