The Capitalization Report v210519 PE Software (BETA)

The Capitalization Report v210519
Editor: JD M and Will E
Topic: PE Software Deals

TOP DEALS (PE SOFTWARE)

RealPage: Thoma Bravo acquired and took private RealPage, a Richardson, Tx.-based provider of software and data analytics, for about $10.2 billion. (Disclosure: Our 100% owner, Red Hook Capital, in The Capitalization Report has been advisor to Thoma Bravo) PRESS RELEASE URL: https://www.businesswire.com/news/home/20210422005682/en/Thoma-Bravo-Completes-Acquisition-of-RealPage

Fenergo, an Ireland-based digital enabler of client and regulatory technology for financial services, raised $80 million. DXC led the round and was joined by the venture arm of Dutch bank ABN Amro. 

Kajabi, an Irvine, Calif.-based e-commerce platform for entrepreneurs in the knowledge economy, raised $550m in growth equity financing that values the company at over $2 billion

DoubleVerify, launched Initial Public Offering

VALUATION (RealPage)

Upon the completion of the acquisition, RealPage shareholders were entitled to receive $88.75 in cash per share. The price per share represents a 30.8 percent premium to the company’s closing share price of $67.83 on December 18, 2020, and a premium of 36.5 percent over RealPage’s 30-day volume-weighted average share price through December 18, 2020. With the completion of the acquisition, RealPage becomes a privately-held company, and its common stock ceased trading and will no longer be listed on the Nasdaq stock exchange.

LEADERSHIP (CEO RealPage)

Mr. Stephen Winn is the Founder and serves as Chairman of the Board & Chief Executive Officer at RealPage. He has served as RealPage chief executive officer, chairman of the board, and a member of our board of directors since November 1998. Prior to RealPage, Mr. Winn served in various executive positions, including president of Research Institute of America, a provider of information services to the accounting industry and a wholly owned subsidiary of Thomson Reuters Corporation, and president and chief executive officer of Computer Language Research Inc., a publicly traded company focused on tax compliance, tax research and accounting software, which was acquired by Thomson Reuters Corporation. Mr. Winn was one of five people recognized by the National Apartment Association as a leader in the multifamily industry. Accounting Today recognized him as one of the 100 most influential people. In June 2012, Mr. Winn was an Ernst & Young Entrepreneur of the Year 2012 Southwest Area North Award recipient. He is an active member of the National Apartment Association and National Multifamily Housing Council. Mr. Winn received his Bachelor of Science in electrical engineering from the University of Texas at Austin and his Master of Science in management from Stanford University.

OTHER DEALS (PE SOFTWARE DEALS MONEY RAISED TO DATE IN MILLIONS)

RealPage590.13
Fenergo181.38
Kajabi550
Redwood Software379.37
DoubleVerify (NYS: DV)582.94
Arrive Logistics335.05
Vena Solutions476
CivicPlus290
Octopus Deploy174.5
Axtria213.64
CLICK READ MORE SEE ALL 88 PE SOFTWARE DEALS
Empyrean Solutions74
Basis Technologies25
ValGenesis24
Choozle29.81
Innoveo Solutions15
TeraGo (TSE: TGO)90.85
Buildings IOT10
Copysmith Artificial Intelligence10
SkyFii (ASX: SKF)18.89
PikMyKid9.82
Impero (CSE: IMPERO)6.38
Cortex Building Intelligence11.13
Ndustrial7.7
Skynamo2.01
Kneat (TSX: KSI)11.61
21 Labs
9Fold
ABBYY100
Aras135.33
ARCOS
ArisGlobal1.33
Aspect Software (Massachusetts)
Aspira180.17
AvSight
Bold360
Byggnet
Calabrio27.56
Cash Calc
Contract Room2.52
Deyde
Education Advanced
First Degree Systems
G-Forces
Harver35.04
Hello Soda7.27
Iprocedures
IXN
Javelin Technologies
JazzHR24.63
JoinedUp
Kenect1.3
Lizard Brain
M2M In Motion
Machine Discovery2.24
MetaPort
Mission Communications
Mitratech Holdings
MobiChord6.5
MSite3.95
MyLife Digital
Nexant55
Noble Systems18.5
Onaya
OneLook Systems
Opus 2 International
PM El-Beregning
Posti Messaging Scandinavia
PRICE Systems
Radiant Logic
ReBound Returns
Satuit Technologies
Script (Florida)3.65
SeeUnity
Sell & Sign
Skyhost
Software Development Europe
Sovendus
Spotzer18.39
Stackify10.37
Storm Commerce2.4
Time Data Security
Upward.net
Vanilla0.66
Viralspace1.7
Whiterock AI
Xexec
Xyleme23.97
Yourkeys5.21

Author: JDM

Simi Private

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