Transaction Data from Berkery Noyes MandAsoft Research - Last 6 months

Online & Mobile

Our principals work in a broad space that includes the Internet of Things (IoT), mobile applications, communications, and various services for internet and handheld use.

Our Team

Perficient Acquires Stone Temple Consulting

July 16, 2018
Synopsis:
Perficient, Inc., the leading digital transformation consulting firm serving Global 2000 and other large enterprise customers throughout North America, announced it has acquired Stone Temple Consulting Corporation, an award-winning Boston-based digital marketing agency.
Originally founded as a small consultancy in 1997 by Eric Enge - a top SEO practitioner and co-author of the book The Art of SEO - Stone Temple Consulting has since expanded into an acclaimed full-service digital marketing agency providing a broad range of white hat SEO and digital marketing
Perficient is a leading digital transformation consulting firm. With information technology, management consulting, and creative capabilities, Perficient and its Perficient Digital agency deliver vision and value with outstanding digital experience, business optimization, and industry solutions.

iContracts Acquires PolicyMedical

July 6, 2018
Synopsis:
iContracts, a leading provider of cloud-based contract, compliance, and revenue management solutions announced that it has acquired Toronto, Canada based PolicyMedical, an industry-leading provider of cloud-based policy lifecycle management solutions.
Toronto, Canada based PolicyMedical is an industry-leading provider of cloud-based policy lifecycle management solutions. Their comprehensive SaaS-based solutions enable healthcare organizations to centralize and standardize the administration of policies and procedures.
iContracts is a leading cloud-based, software-as-a-service (SaaS) provider of contract management and compliance solutions for healthcare, education and industrial customers.

EnsembleIQ Acquires Media Brands from Lebhar-Friedman

June 29, 2018
Synopsis:
EnsembleIQ, the Chicago-based retail intelligence firm, has purchased substantially all media, digital and event assets from New York-based media company Lebhar-Friedman. The acquired brands comprise several leading retail brands, including Drug Store News, Chain Store Age and Hardware and Building Supply Dealer.
Lebhar Friedman is the leading business-media resource for the retail industry, delivering actionable information, solutions, and networking opportunities through high-value content and engaging live events.
EnsembleIQ is a premier business intelligence resource that exists to help people and their organizations succeed. It is structured to serve the business-to-business needs of retailers, consumer goods manufacturers, technology providers, hospitality and healthcare professionals, and more.

Renovus Capital Partners Acquires Continuing Education Alliance and Practicing Clinicians Exchange

January 8, 2018
Synopsis:
Renovus Capital Partners, a private equity firm focused on the education, training and human capital sectors, has acquired a controlling interest in Continuing Education Alliance, LLC and Practicing Clinicians Exchange (PCE).  Based in Stamford, CT, PCE is the national leader in education for nurse practitioners and physician assistants.
Practicing Clinicians Exchange (PCE) is an innovative multichannel CME (Continuing Medical Education) company specifically focused on nurse practitioners and physician assistants. PCE provides live, home study, and online CME designed to meet the real-world clinical needs of NPs and PAs.
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 $485 million in assets under management through two SBIC funds.

Higher Logic Acquires Marketing Automation Platforms Informz and Real Magnet

October 16, 2017
Synopsis:
Higher Logic, an industry leader in cloud-based community platforms, has acquired Real Magnet, Inc. Real Magnet is a leading marketing automation platform that helps businesses attract, engage and deliver better email, marketing, social and mobile campaigns.
Real Magnet is a leading marketing automation platform that helps businesses attract, engage and deliver better email, marketing, social and mobile campaigns. Real Magnet simplifies marketing automation with its intuitive design.
Buyer Parent: JMI Equity
Higher Logic is an industry leader in cloud-based community platforms. Organizations worldwide use Higher Logic to bring like-minded people all together by giving their community a home where they can meet, share ideas, answer questions and stay connected.

Berkery Noyes Advises PatientSafe Solutions in its Majority Recapitalization by HighBar Partners

September 25, 2017
Synopsis:
PatientSafe Solutions (PatientSafe), a leader in mobile clinical workflow and communication solutions, has closed a round of financing led by HighBar Partners with participation from Merck Global Health Innovation Fund, Camden Partners, Psilos Group, and TPG.
PatientSafe Solutions, Inc., is a San Diego-based provider of software and hardware products, including handheld devices for nurses, bar-coded patient wrist bands and bed side patient portals that interface with hospital information systems to provide patient safety and increase clinical quality.
Buyer Parent: Merck & Co., Inc.
HighBar Partners is a private investment firm focused on strategic growth capital investments in enterprise and infrastructure software companies. Merck Global Health Innovation Fund, Camden Partners, Psilos Group, and TPG are investment companies.

IO Education Acquires eSchoolData, Expanding Northeast Presence

September 19, 2017
Synopsis:
IO Education, a market leader in helping educators use data to improve student outcomes, has acquired eSchoolData, a provider of student and data management solutions for K-12 school districts. eSchoolData's comprehensive, web-based solution features a teacher gradebook, a parent and student portal, data analytics capabilities, and more.
eSchoolData provides a web-based Student Management System that features a teacher gradebook, a parent and student portal, a transportation management module, data analytics capabilities, and more. eSchoolData gives schools the power to turn data into knowledge and knowledge into informed decisions.
Buyer Parent: LLR Partners
IO Education is on a mission to empower educators with data to improve educational outcomes. They focus on developing innovative solutions that break down data silos and improve outcomes for three areas of school districts: student achievement, educator effectiveness and operational efficiency.

Rubicon Announces Investment from Quad Partners

September 10, 2017
Synopsis:
Rubicon, the leading provider of curriculum design and instructional decision making solutions for the K-12 marketplace announced an investment by Quad Partners, a private investment firm focused exclusively on the education industry.
Rubicon partners with innovative education leaders to improve student performance and instructional practice with curriculum management and assessment data integration software alongside professional development services.
Quad Partners was founded in 2000 to make value-added private investments in the education industry. Today, Quad is one of the most active investors in privately-owned education companies in the United States.

Berkery Noyes Advises BE Press, a Leading Service Provider Used by Academic Institutions to Showcase Their Research, in its Acquisition by Elsevier

August 2, 2017
Synopsis:
Elsevier, the global information analytics business specializing in science and health, acquired Bepress, a Berkeley, California-based business that helps academic libraries showcase and share their institutions' research for maximum impact.
Seller: Bepress
Founded by professors in 1999, Bepress exists to serve academia. Bepress builds hosted solutions that let academic institutions showcase and share their works for maximum impact. The Bepress model is unlimited, cloud-based, and fully hosted, and includes dedicated consulting and support.
Buyer Parent: RELX Group plc
Elsevier is a global information analytics business that helps institutions and professionals progress science, advance healthcare and improve performance for the benefit of humanity. Elsevier provides digital solutions in the areas of strategic research management, R&D performance, and more.

LoyaltyExpress Announces Investment from New Capital Partners to Accelerate Innovation and Growth

June 28, 2017
Synopsis:
LoyaltyExpress, a provider of marketing automation and cloud-based CRM solutions for mortgage companies and banks, announced an investment from New Capital Partners (NCP), a private equity firm focused on financial and health care services.
LoyaltyExpress simplifies CRM and marketing automation for banks and mortgage companies. Its flagship solution, CustomerManager, is an enterprise-wide, Software-as-a-Service platform that combines lead management, email and direct mail campaigns with a 360-degree view of a loan officer's customers.
New Capital Partners is focused on building great companies by investing in high-growth businesses and partnering with management teams in the healthcare, financial services, and business services industries. New Capital Partners is headquartered in Birmingham, AL and has an office in Dallas, TX.

Frontline Education Acquires Teachers-Teachers

April 18, 2017
Synopsis:
Frontline Education has acquired Teachers-Teachers, a national job search resource that connects more than 2,000 educational organizations nationwide with the best of more than one million candidates.
Seller Parent: FTL Capital, LLC.
Teachers-Teachers is a job search resource dedicated to elevating the quality of education worldwide by efficiently connecting outstanding educators with school systems. This service provides an effective way to find great education jobs nationwide.
Bringing together the best education software solutions into one unified platform, Frontline makes it possible to efficiently and effectively manage the needs of the education community including Recruiting & Hiring, Absence & Time, Professional Growth and Student Solutions.

Berkery Noyes Advises Verisys’ Shareholders on the Company’s Growth Investment from Spectrum Equity and Cressey & Company

March 15, 2017
Synopsis:
Verisys Corporation, a leading provider of technology solutions and primary-source data on healthcare professionals and businesses, announced that Spectrum Equity, along with Cressey & Company and Verisys CEO John P. Benson, have made a significant growth equity investment in the Company.
Verisys is the leading provider of health care credentialing services with the most current, accurate, and comprehensive data and technology tools. Since 1992, Verisys has been leading the health care industry by providing the highest quality data coupled with deep health care industry experience.
Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative Internet, software and information services companies. Cressey & Company LP is a private investment firm focused exclusively on investing in and building leading healthcare businesses.

Berkery Noyes Advises Core Informatics in its Acquisition by Thermo Fisher Scientific

March 6, 2017
Synopsis:
Thermo Fisher Scientific Inc. announced that it has acquired Core Informatics, which provides a cloud-based platform supporting scientific data management. Core’s offerings will enhance Thermo Fisher’s existing informatics solutions and complement its cloud platform, which supports the company’s genetic analysis, qPCR and proteomics systems.
Core Informatics partners with customers in biopharma, genomics, and other industries to deliver lab informatics solutions to derive more value and insight from scientific data. Core Informatics provides the scalable Platform for Science that enables customers to build workflows for specific needs.
Thermo Fisher Scientific Inc. offers an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. They help customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity.

Renovus Capital Partners Invests in Red Nucleus, the Premier Provider of Learning Solutions for the Life Sciences Industry

October 28, 2016
Synopsis:
Renovus Capital Partners announced an investment in Red Nucleus Solutions LLC. Red Nucleus is a life sciences learning solutions company headquartered in Yardley, PA. Red Nucleus designs and produces a suite of learning elements which include, e-learning modules, mobile applications, virtual preceptorships and more.
Red Nucleus is a leading full-service design and development provider of learning solutions for the life sciences industry. Red Nucleus designs and produces a suite of learning elements which include, e-learning modules, mobile applications, virtual preceptorships, print modules and job aids.
Renovus Capital Partners is a private equity firm focused on providing capital and strategic assistance to small and mid-sized education companies. Its team has a combined 41 years of experience investing in education and has helped more than 20 education companies grow and succeed.

Vocera Acquires Extension Healthcare

October 27, 2016
Synopsis:
Vocera Communications, Inc., the leading healthcare communications company, announced that it has acquired Extension Healthcare for approximately $55 million in an all-cash transaction. Extension Healthcare is a leading provider of clinical, event-driven communication and workflow collaboration software for the hospital environment.
Extension Healthcare’s Engage™ “one platform” approach improves clinical communication, collaboration, care coordination, and workflow with a specific focus on reducing unnecessary clinical interruptions and improving response to critical patient events.
Vocera Communications, Inc. offers the most robust clinical communications system in healthcare. Vocera delivers secure, integrated and intelligent communication solutions that enable care teams to collaborate more efficiently by delivering the right information.

Medstreaming Announces Acquisition of Registry Software Vendor M2S

March 29, 2016
Synopsis:
Medstreaming, a leading provider of innovative healthcare cardiovascular and radiology workflow software solutions, announced the acquisition of M2S, a leading provider of registry software technology designed for healthcare quality improvement.
Seller: M2S
M2S, Inc. provides medical image, data management, and and outcomes analysis services for the improvement of patient outcomes. It offers image management solutions to allow customers to collect, view, and manage imaging data.
Medstreaming is a provider of innovative healthcare cardiovascular and radiology workflow software solutions. Since 2006, Medstreaming has become a leader in delivering specialty-based workflow applications that function as a “best of breed” application for over 20 different clinical specialties.

FTV Capital Leads Growth Equity Investment in True Potential

January 29, 2016
Synopsis:
True Potential LLP, the leading UK-based integrated investor and wealth management technology platform serving advisers and retail clients in the UK, announced it had sold a significant minority share of its group business to FTV Capital, its first institutional investor.
True Potential LLP is the leading UK-based integrated investor and wealth management technology platform serving advisers and retail clients in the UK.
FTV Capital is a growth equity investment firm that has raised over $1.8 billion since inception to invest in high-growth companies offering a range of innovative solutions in three sectors: enterprise solutions, financial services, and payments/transaction processing.

Veronis Suhler Stevenson “VSS” Invests in Connexion Point, LLC

October 18, 2016
Synopsis:
VSS, a private investment firm focused on the information, tech-enabled business services, healthcare IT, and education industries, announced its investment in Connexion Point, LLC. Connexion Point is a leading provider of technology-enabled healthcare services, specializing in communication lifecycle services for the healthcare industry.
Connexion Point is a leading provider of technology-enabled healthcare services, specializing in communication lifecycle services for the healthcare industry. Connexion Point facilitates communication, throughout the lifecycle of the consumer, that connects the healthcare industry to their consumer.
Veronis Suhler Stevenson (VSS) is a leading private investment firm that invests in the information, business services, healthcare IT, education, media and marketing services industries in North America and Europe.

Berkery Noyes Advises Learn It Systems in its Acquisition by LLR Partners

May 13, 2016
Synopsis:
Learn It Systems, a portfolio company of Milestone Partners, has been acquired by LLR Partners, a leading middle market private equity firm headquartered in Philadelphia, PA. Learn It Systems, headquartered in Baltimore, MD, is a leading national behavioral health and related services company serving children with autism and other special needs.
Seller Parent: Milestone Partners
Learn It Systems is a leading national behavioral health and related services company serving children with autism and other special needs. Learn It's comprehensive behavioral health platform addresses large, high-growth markets being driven by insurance reform, an evolving reimbursement landscape.
LLR Partners is a lower middle market private equity firm providing capital and strategic guidance to growth companies. They invest in a broad range of industries, with an emphasis on software, tech-enabled services and healthcare.

HousingWire Announces Acquisition by Riomar Capital

May 4, 2016
Synopsis:
HousingWire, the nation’s leading source of news and information covering the U.S. residential housing finance marketplace, announced that Charlotte-based Riomar Capital has acquired the media platform. HousingWire currently hosts more than 3 million professional readers each year across its web, email and print-based channels.
HousingWire is by far the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.
Riomar Capital is an entrepreneurial investment firm formed to acquire, operate and grow one established private business in the media, finance and business services industries. Founded in 2014 by Clayton Collins, Riomar Capital is backed by an experienced group of entrepreneurs and investors.

Chronos Solutions to Acquire Cutting Edge Mortgage Technology Company Cogent Road

December 15, 2015
Synopsis:
Chronos Solutions, a national real estate finance services provider, has acquired Cogent Road, a San Diego-based mortgage technology company. Cogent Road develops three core products for the mortgage origination market: Funding Suite, Tax Door and Roohmz.
Cogent Road, Inc. provides enterprise-wide Web based software applications for the mortgage industry. Its solutions are Funding Suite, an AVM management solution, AVAIL, assists mortgage originators, Roohmz Mortgage, a workflow automation solution, and Gravity, a mortgage industry CRM solution.
Chronos Solutions is a national technology enabled real estate finance services provider delivering elite mortgage and real estate services across the industry. Chronos offers customized transactional and business process management services to private sector and government clients.

Telecom Expense Management Firm Asentinel Acquired by Marlin Equity Partners

January 12, 2015
Synopsis:
Asentinel, LLC, a leading provider of Telecom Expense Management (TEM) software and complementary services that help streamline and automate fixed and mobile telecom spend, has been acquired by Marlin Equity Partners, a global investment firm with over $3 billion of capital under management and a successful track record in the technology industry.
Asentinel, a leading provider of Telecom Expense Management (TEM) software, meets the needs of customers by providing telecommunications lifecycle management solutions and services that are delivered through a customer-focused, technology-driven SaaS technology platform.
Marlin Equity Partners is a global investment firm with over $3 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs.

Aptean Enters Healthcare Industry With Acquisition of Medworxx Solutions, Inc.

October 15, 2015
Synopsis:
Aptean, Inc., a leading provider of industry-focused mission critical enterprise software solutions, announced the completion of its acquisition of Medworxx Solutions Inc., a leader in clinical patient flow, and compliance and education solutions.
Medworxx helps hospitals meet patient flow challenges and requirements for compliance and education. Medworxx Clinical Criteria, the flagship component of Medworxx Patient Flow, is currently used to manage 32% of the acute-care beds in Canada as well as acute-care beds in the United States.
Buyer: Aptean
Aptean is a provider of industry-focused mission critical enterprise software solutions. They build and acquire solutions to support the evolving operational needs of their customers. Their solutions help nearly 5,000 organizations by satisfying their customers and continuing to operate efficiently.

Pearson Sells Family Education Network to Sandbox Partners

May 21, 2015
Synopsis:
Sandbox & Co., an industry-focused investor committed to building businesses at the intersection of the digital, learning and media sectors, has acquired Family Education Network (FEN) from Pearson. FEN is an online consumer network of the world's best learning and information resources, personalized to help parents, teachers, and students.
Seller Parent: Pearson plc
Family Education Network is the best of the Internet's content, resources, and shopping for parents, teachers, and kids. The company's mission is to be an online consumer network of the world's best learning and information resources, personalized to help parents, teachers, and students.
Sandbox is an industry-focused investor committed to building and supporting businesses at the intersection of the digital, learning and media sectors. Founded in 2014, the partners of Sandbox have a long track-record of acquiring, transforming and scaling businesses and brands internationally.

Ellie Mae Completes AllRegs Acquisition

October 1, 2014
Synopsis:
Ellie Mae®, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced that it has completed its acquisition of AllRegs, a leading information provider for the mortgage industry.
Seller: AllRegs
AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, VA, and Ginnie Mae. The Company is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multifamily Seller/Servicer Guides.
Ellie Mae, Inc. is a provider of automation solutions for the mortgage industry. The company's offerings include the Encompass® and Encompass360® mortgage management software systems. Ellie Mae also hosts the Ellie Mae Network™.

MSCI Completes Acquisition of GMI Ratings

August 12, 2014
Synopsis:
MSCI Inc., a leading provider of investment decision support tools worldwide, announced that it has completed the acquisition of GMI Ratings, a provider of corporate governance research and ratings on over 6,000 companies worldwide.
GMI Ratings is an independent provider of research and ratings on environmental, social, governance and accounting-related risks affecting the performance of public companies. They help investors assess the sustainable investment value of corporations.
MSCI is a leading provider of investment decision support tools to around 6,200 clients worldwide, ranging from large pension plans to boutique hedge funds. They offer a range of products and services - including indices, portfolio risk and performance analytics, and governance tools.

The Roberts Group Announces Strategic Investment from Polaris Partners

April 3, 2014
Synopsis:
Polaris Partners has invested in The Roberts Group. The Roberts Group, of New York, provides market data cost and inventory management solutions to the financial services industry. They are the developer of the Financial Information Tracking System, FITS, a market data inventory management solution available to the Financial Services Industry.
The Roberts Group (TRG) is the developer of the Financial Information Tracking System, FITS, the most comprehensive market data inventory management solution available to the Financial Services Industry. TRG provides market data consulting services ranging from FITS Consulting to Systems Deployment.
Polaris Venture Partners is a group of investors and technology executives with a successful track record of investing in and partnering with early-stage entrepreneurs in both information and medical technology.

Wasserstein & Co. Acquires Recorded Books LLC From Haights Cross Communications

February 3, 2014
Synopsis:
Wasserstein & Co., LP , on behalf of its private equity fund Wasserstein Partners III, has acquired all of the assets of Recorded Books LLC, one of the leading worldwide providers of unabridged audiobooks, digital content, and services to the library, school, and retail markets, from Haights Cross Communications, Inc.
Recorded Books is the largest independent publisher of unabridged audiobooks and provider of digital content to the library, school, and retail markets. The Company owns an exclusive catalog of over 13,500 audiobook titles narrated by professional, award-winning actors.
Wasserstein & Co. is an independent private equity and investment firm, with offices in New York and Los Angeles. The Wasserstein & Co. investment team has completed over 50 platform and add-on transactions, representing over $3 billion of enterprise value.

SirsiDynix Acquires EOS International Business

November 4, 2013
Synopsis:
SirsiDynix, a library management technology company, announced the acquisition of EOS International, a California-based technology company that develops award-winning solutions for legal, government, corporate, medical, and other special library customers.
For over 30 years, Electronic Online Systems (EOS) International has been developing, marketing and supporting award-winning library automation and knowledge management solutions for thousands of special libraries worldwide.
SirsiDynix connects people with knowledge at more than 23,000 libraries around the world. Through library management technology and search and discovery tools, libraries using SirsiDynix technology bring relevant resources and the power of knowledge to their users and communities.

Riverside Acquires BankersEdge as Add-On to OnCourse Learning Platform

September 5, 2013
Synopsis:
The Riverside Company has added Corporate Training Technologies, LLC (dba BankersEdge) to its OnCourse Learning (OnCourse) platform. Based in Norristown, Pennsylvania, BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers.
BankersEdge provides regulatory, employment, and leadership training as well as compliance solutions for bank and credit union workers. Its courses are used for comprehensive training and regulatory updates by bankers, mortgage professionals and other financial services employees.
OnCourse Learning is an education and compliance solutions provider for individuals, companies, educators, and government agencies seeking educational excellence, professional compliance, occupational tools, customized training solutions, and new careers.

The Intellectual Property & Science Division of Thomson Reuters Acquires BioWorld

July 8, 2013
Synopsis:
BioWorld and its companion publication Medical Device Daily (MDD) have been acquired by Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals. BioWorld covers news on public companies and hard-to-find information on private companies.
Seller: BioWorld
BioWorld covers news on public companies and hard-to-find information on private companies. This news coverage of the biotechnology industry is 100 percent original and available only at BioWorld.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. It combines industry expertise with innovative technology to deliver critical information to leading decision makers.

Berkery Noyes Represents Healthx In Its Majority Recapitalization By Frontier Capital

January 5, 2012
Synopsis:
Frontier Capital is pleased to announce that it has partnered with existing management to complete a majority recapitalization of Healthx, Inc., a leading provider of online healthcare portals to health insurers, medical providers, and employers.
Seller Parent: Liberty Partners
Healthx develops and manages the most widely adopted portals and applications for the healthcare and human resources markets. Healthx was formed to meet the unique communication needs of the healthcare industry by helping payers and employers deliver benefits faster and at a lower cost.
Frontier Capital is a Charlotte-based growth equity firm focused exclusively on technology enabled business services. Frontier partners with management teams that can benefit from capital to accelerate growth, fund acquisitions, or generate shareholder liquidity.

Berkery Noyes Represents Cengage Learning In The Sale Of NetLearning To HealthcareSource

December 4, 2012
Synopsis:
HealthcareSource® announced that it has acquired NetLearning, a leading provider of learning management software and content for the healthcare industry. The combination of HealthcareSource and NetLearning results in the first company to provide a complete, end-to-end talent management solution designed specifically for healthcare.
Seller Parent: Apax Partners
NetLearning is an e-learning solutions provider developing products specifically for the healthcare industry since 1995. The NetLearning product suite allows for the deployment, management, and reporting of training-related activities.
HealthcareSource is the leading provider of talent management software for the healthcare industry. HealthcareSource helps healthcare organizations source, hire, assess, develop and retain the best workforce possible in order to reduce costs and to improve patient satisfaction and safety.

GLM Acquires E-Commerce Events Group From Vertical Web Media, Publisher Of Internet Retailer Media

November 9, 2012
Synopsis:
GLM announced its acquisition of the events group of Vertical Web Media (VWM), including Internet Retailer Conference & Exhibition (IRCE), the leading e-commerce event in the United States, and two allied events – Internet Retailer Mobile Marketing & Commerce Forum (MMCF) and Internet Retailer Web Design and Usability Conference (IRWD).
Vertical Web Media is the largest media group exclusively covering the e-commerce field. It operates Internet Retailer Magazine, two information and research web sites, two e-mail newsletters and seven research publications and databases, all directed to various aspects of the e-commerce business.
Buyer: GLM
George Little Management (GLM) creates face-to-face and online buying, selling and networking platforms for designers, product developers, manufacturers, reps, retailers and operators through tradeshow and event production, online community development and association management.

SFW Capital Partners Completes Majority Investment in Buyers Laboratory

December 14, 2011
Synopsis:
SFW Capital Partners (SFW) announced that it has completed a majority investment in Buyers Laboratory, Inc., the leading provider of analytical testing and competitive intelligence services to the digital imaging and document management industry.
Buyers Laboratory Inc. (BLI) is the leading authority and provider of critical intelligence on the imaging industry. BLI's comprehensive array of products and services provide clients with the most credible source for global competitive intelligence.
SFW Capital Partners is the leading private equity firm investing with management in mid-sized companies providing analytical tools and related services, including instruments, information and software, and outsourced analytical services.

The New York Times Company Completes Sale of Baseline to Project Hollywood LLC

October 7, 2011
Synopsis:
The New York Times Company has sold its Baseline unit to Project Hollywood LLC, a privately held company which is majority owned by media and Internet entrepreneurs Laurie S. Silvers and Mitchell Rubenstein. Baseline is a leading online subscription database and research service for information on the film and television industries.
Baseline StudioSystems is a leading online subscription database and research service for information on the film and television industries, and a provider of premium film and television data to Web sites.
Project Hollywood LLC is majority owned by Laurie S. Silvers and Mitchell Rubenstein, who previously founded the SyFy Channel and MovieTickets.com. Ms. Silvers and Mr. Rubenstein currently own a variety of Internet properties including Hollywood.com, Spill.com, and Hollywood Wiretap.

Berkery Noyes Represents Class.com in its Sale to Cambium

September 23, 2011
Synopsis:
Cambium Learning Group, Inc., a leading educational company focused primarily on serving the needs of at-risk and special student populations, announced that the Company has purchased the assets of Class.com, an industry-leading provider of online learning solutions.
Class.com equips educators with the tools to help every student succeed by providing schools and organizations with high-quality, research-based, online learning solutions that cater to the needs of 21st-century learners.
Cambium Learning Group is the leading educational company focused primarily on serving the needs of at-risk and special student populations. The company operates three core divisions: Voyager, Sopris, and Cambium Learning Technologies.

Berkery Noyes Announces its Representation of G2 Web Services, LLC in its Investment Partnership with Primus Capital

September 1, 2011
Synopsis:
Primus Capital, a private equity firm that invests in high-growth companies within the business services, healthcare and education industries, announced the acquisition of G2 Web Services, LLC, the leading provider of merchant compliance monitoring and e-commerce risk management services to the payments industry.
G2 Web Services is the leader in merchant compliance monitoring and e-commerce risk management. G2 works with acquiring banks, independent sales organizations, and other acquiring value chain members to identify, mitigate and monitor risk posed by their merchants’ online presences.
Primus Capital is a private equity firm that invests in profitable growth companies in the lower middle market. Primus provides expansion capital and leads buyout and minority recapitalization transactions in the healthcare, business services, and for-profit education industries.

Berkery Noyes Represents Strata Decision Technology In Its Sale To Veronis Suhler Stevenson

July 21, 2011
Synopsis:
Veronis Suhler Stevenson, a leading global private investment firm, announced that an affiliate has acquired financial software company Strata Decision Technology, LLC (SDT). Strata Decision Technology develops, markets and implements web-based financial analytics and performance management software tools.
Strata Decision Technology is a pioneer in the development of innovative software tools for financial and business analytics in the U.S. healthcare industry. Strata Decision Technology is a trusted technology partner to leading hospitals, academic medical centers, and healthcare systems.
Veronis Suhler Stevenson, founded in 1981, is a leading private equity firm that makes buyout and mezzanine investments in the information, education and media industries in North America and Europe.

The H.W. Wilson Company’s Merger with EBSCO Publishing

June 3, 2011
Synopsis:
EBSCO Publishing, the producer of EBSCOhost®, the world’s premier for-fee online research service, and The H.W. Wilson Company, the provider of the highest-quality references in the world, have merged in what is being viewed by the companies as an ideal match. H.W. Wilson offers more than 80 databases on the acclaimed WilsonWeb platform.
For more than a century, H.W. Wilson has provided libraries with the highest-quality references in the world. The Company offers more than 80 databases on the acclaimed WilsonWeb platform: full text databases; retrospective databases; biography databases; image databases, and more.
EBSCO Publishing is the producer of EBSCOhost®, the world’s premier for-fee online research service, including full-text databases, subject indexes, point-of-care medical reference, historical digital archives, and e-books.

Berkery Noyes Represents Nolo In Its Sale To Internet Brands

May 2, 2011
Synopsis:
Internet Brands announced the acquisition of Nolo, Inc., a market leader in consumer-friendly legal information and marketing services, through it's subsidiary ExpertHub. Nolo, Inc. offers consumers plain-English legal information through thousands of high-quality original books, articles, blogs, podcasts, videos, and much more.
Seller: Nolo, Inc.
Nolo, Inc. is a market leader in consumer-friendly legal information and marketing services. It offers consumers plain-English legal information through thousands of high-quality original books, articles, blogs, podcasts, videos, and much more.
ExpertHub, Inc. owns and operates online advertisement communities for professionals including lawyers, plastic surgeons, and dentists. The company offers expertPLANNER, a proposal generator; expertSYNDICATION, which is a content contribution program; and expertSTATS, a reporting dashboard.

Berkery Noyes Represents Bookette Software in its Sale to McGraw-Hill Education

March 3, 2011
Synopsis:
McGraw-Hill Education has acquired Bookette, a privately held software company, adding key capabilities in online performance measurement. Bookette's smart-scoring engine evaluates high volumes of student writing responses, enabling assessments to incorporate writing while easing the burden of scoring.
Bookette Software, located in Monterey, Calif., specializes in creating software for the development, administration, scoring and reporting of computer-based curriculum assessment. It was founded in 1990 by Dr. Ronald Loiacono.
One of the first American publishers to introduce objective, standardized achievement tests to schools, CTB/McGraw-Hill is a leader in testing with recognized products for online formative, adult, and language proficiency assessment.

Medpage Today LLC Sold to Everyday Health, Inc.

December 15, 2010
Synopsis:
Everyday Health, Inc., a leading provider of online health solutions, announced that it has acquired MedPage Today, LLC, a news organization serving healthcare professionals. The acquisition immediately provides Everyday Health with a significant offering for healthcare professionals.
MedPage Today is a news organization serving healthcare professionals. The company's daily, peer-reviewed news coverage delivered via the web and several mobile applications allows healthcare professionals to put breaking medical news into practice.
Everyday Health is a leading provider of health solutions. The company provides consumers, healthcare professionals, and brands with content and advertising-based services across a broad portfolio of over 25 websites that span the health spectrum.

Compass Knowledge Holdings, Inc Merger With Embanet Corporation

October 26, 2010
Synopsis:
Embanet and Compass Knowledge Group announced that they have merged, creating a combined company that is positioned to provide an industry-leading comprehensive suite of online learning services to universities and colleges.
Compass Knowledge has been the pioneer and premier provider of distance learning services to prominent non-profit higher education institutions, helping them plan, implement, and operate successful online undergraduate and graduate degree programs.
Embanet is the world leader in providing a full range of online learning services to postsecondary educational institutions. Embanet provides capital and expertise in program development, marketing and enrollment, student services and technology support.

Mortgage Cadence Teams with Investment Partner to Support Growth, Advance Offerings and Further Solidify Leadership Position

August 10, 2010
Synopsis:
Mortgage Cadence, LLC, a leading provider of Enterprise Lending Solutions (ELS), Loss Mitigation Technology and Document Services for the financial services industry, announced that Monitor Clipper Partners has invested in the company.
Mortgage Cadence is the leading provider of Enterprise Lending Solutions ("ELS") which employ an extensive financial services data model wrapped with a native rules engine to deliver data-driven workflow automation tools to mortgage banks, lenders, service providers and servicers.
Buyer Parent: The Monitor Group
Monitor Clipper Partners ("MCP") is a private equity firm investing in middle market management buyouts, recapitalizations and growth equity financings. MCP partners with strong management teams that can benefit from MCP's privileged relationship with Monitor Group.

Berkery, Noyes & Co. represents Mobeon AB in its sale to Ericsson

March 20, 2007
Synopsis:
Berkery, Noyes & Co., LLC, a leading independent investment bank serving the information and technology markets, represented Mobeon AB, the world's leader in IP-messaging components for mobile and fixed networks, in its sale to Ericsson. Mobeon's IP-based voice and video mail are the key elements of Ericsson's Enriched Messaging solution.
Seller: Mobeon
Mobeon is a leading global telecom software provider focused on maximizing messaging revenue through providing specialized, next-generation software, to tier-one telecom vendors. Mobeon's CompEdge messaging platform provides flexible tools for a range of different services.
Buyer Parent: Ericsson AB
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
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1st Half 2018 Online & Mobile Industry Trends

1st Half 2018 Key Highlights

  • The largest deal in 1st Half 2018 was Walmart’s announced acquisition of a majority stake in Flipkart Online Services, an e-commerce marketplace based in India, for $16 billion.
  • Five of the industry’s top ten highest value acquisitions year-to-date occurred in the E-Commerce segment.
  • There were 276 financially sponsored transactions with an aggregate value of $28.65 billion, representing 20 percent of the total volume and 27 percent of the total value, respectively.
  • 1st Half 2018 Key Trends

  • Total transaction volume in 1st Half 2018 declined by one percent over 2nd Half 2017, from 1,394 to 1,377.
  • Total transaction value in 1st Half 2018 more than doubled over 2nd Half 2017, from $50.83 billion to $106.10 billion. Of note, there were four transactions in 1st Half 2018 above the $5 billion threshold, compared to none in all of 2017. There were also 25 deals with disclosed values that reached the $1 billion threshold in 1st Half 2018, as opposed to eight such transactions in 2nd Half 2017.
  • The median revenue multiple saw an uptick from 2.2x in 2nd Half 2017 to 2.4x in 1st Half 2018. The median EBITDA multiple moved downward from 12.1x in 2nd Half 2017 to 10.3x in 1st Half 2018.
  • The segment with the largest increase in volume in 1st Half 2018 over 2nd Half 2017 was E-Content with a 15 percent rise, from 193 to 221 transactions.
  • M&A Market Overview

    Berkery Noyes tracked 7,195 Online & Mobile transactions between 2016 and 1st Half 2018, of which 1,505 disclosed financial terms, and calculated the aggregate transaction value to be $298.37 billion. Based on known transaction values, we project values of 5,690 undisclosed transactions to be $90.61 billion, totaling $388.98 billion worth of transactions tracked over the past two and a half years.

    1st Half
    2018
    Online & Mobile

    Full Year 2017 Online & Mobile Industry Trends

    2017 Key Highlights

  • The largest mobile-based transaction during the year was United Luck Consortium's $1 billion acquisition of Outfit7, a media franchise with various mobile applications, which have received more than 5 billion downloads.
  • Four of the industry's top ten largest deals in 2017 occurred in the E-Content segment: KKR's Internet Brands' announced acquisition of WebMD Corporation for $2.8 billion; The Walt Disney Company's announced acquisition of a majority stake in BAMTech for $1.58 billion; Red Ventures' announced acquisition of Bankrate for $1.44 billion; and Happigo's announced acquisition of Mango TV for $1.43 billion.
  • There were 496 financially sponsored transactions with an aggregate value of $31.41 billion, representing 17 percent of the total volume and 30 percent of the total value, respectively.
  • 2017 Key Trends

  • Total transaction volume in 2017 declined by two percent over 2016, from 2,915 to 2,870.
  • Strategic volume in 2017 decreased five percent over 2016, from 2,498 to 2,374. Private equity backed volume increased 19 percent during this timeframe, from 417 to 496.
  • Total transaction value in 2017 fell by 41 percent over 2016, from $178.88 billion to $104.67 billion. This followed a 13 percent rise from 2015 to 2016.
  • The median revenue multiple moved downward from 2.3x in 2016 to 2.0x in 2017. The median EBITDA shifted slightly from 11.4x in 2016 to 11.6x in 2017.
  • M&A Market Overview

    Berkery Noyes tracked 8,641 Online & Mobile transactions between 2015 and 2017, of which 1,885 disclosed financial terms, and calculated the aggregate value to be $326.76 billion. Based on known transaction values, we project values of 6,756 undisclosed transactions to be $115.94 billion, totaling $442.70 billion worth of transactions tracked over the past three years.

    Full Year
    2017
    Online & Mobile

    Q3 2017 Online & Mobile Industry Trends

    Q3 2017 KEY HIGHLIGHTS

  • The largest transaction in Q3 2017 was KKR's Internet Brands' announced acquisition of WebMD Corporation, an online health information provider, for $2.8 billion. Internet Brands also acquired DentalPlans.com, a dental and health savings online marketplace, during the quarter.
  • There were 365 financially sponsored transactions in the 1st 3 Quarters of 2017 with an aggregate value of $26.8 billion, representing 17 percent of the total volume and 31 percent of the total value, respectively.
  • Q3 2017 KEY TRENDS

  • Total transaction volume in Q3 2017 declined by nine percent over Q2 2017, from 710 to 644. Volume year-to-date decreased by four percent compared to the same timeframe in 2016.
  • Total transaction value in Q3 2017 remained nearly constant over Q2 2017 at $27.9 billion.
  • MULTIPLES & VALUE TRENDS

  • The median revenue multiple from 2016 through the 1st 3 Quarters of 2017 fell by 14 percent, from 2.2x to 1.9x.
  • The median EBITDA multiple from 2016 through the 1st 3 Quarters of 2017 moved downward by nine percent, from 11.3x to 10.3x.
  • TOP TEN DEALS THROUGH Q3 2017

    The top ten deals by value have seen five new additions since our half year report, three of which occurred in the E-Content segment: the aforementioned acquisition of WebMD Corporation for $2.8 billion; The Walt Disney Company's announced acquisition of BAMTech for $1.6 billion; and Red Ventures' announced acquisition of Bankrate for $1.4 billion.

    Q3
    2017
    Online & Mobile

    1st Half 2017 Online & Mobile Industry Trends

    1ST HALF 2017 KEY HIGHLIGHTS

  • The largest E-Commerce deal in 1st Half 2017 was PetSmart's acquisition of Chewy, an online retailer for pet products, for $3.35 billion.
  • There were 242 financially sponsored transactions with an aggregate value of $17.74 billion, representing 17 percent of the total volume and 32 percent of the total value, respectively.
  • 1ST HALF 2017 KEY TRENDS

  • Total transaction volume in 1st Half 2017 increased by five percent over 2nd Half 2016, from 1,397 to 1,465. Of note, the number of private equity backed deals rose 21 percent, from 200 to 242.
  • Total transaction value in 1st Half 2017 fell 37 percent over 2nd Half 2016, from $83.25 billion to $52.62 billion.
  • The median revenue multiple moved slightly from 1.9x in 2nd Half 2016 to 1.8x in 1st Half 2017. The median EBITDA multiple declined from 11.7x in 2nd Half 2016 to 10.3x in 1st Half 2017.
  • Transactions in 1st Half 2017 with enterprise values above $160 million received a median revenue multiple of 2.0x, whereas those in the $10-$20 million range had a median revenue multiple of 3.6x.
  • The segment with the largest increase in volume in 1st Half 2017 over 2nd Half 2016 was Communications with a 15 percent rise, from 167 to 192 transactions. The E-Commerce segment was close behind with a 12 percent improvement, from 330 to 370 transactions.
  • M&A Market Overview

    Berkery Noyes tracked 7,232 Online & Mobile transactions between 2015 and 1st Half 2017, of which 1,576 disclosed financial terms, and calculated the aggregate transaction value to be $292.36 billion. Based on known transaction values, we project values of 5,656 undisclosed transactions to be $99.07 billion, totaling $391.43 billion worth of transactions tracked over the past two and a half years.

    1st Half
    2017
    Online & Mobile

    Full Year 2016 Online & Mobile Industry Trends

    2016 Key Highlights

  • The industry's most active segment in 2016 was SaaS & Cloud with 794 deals. E-Commerce, with 708 deals, solidified its position over E-Marketing & Search as the second most active segment.
  • The largest mobile-based transaction during the year was Tencent Holdings Ltd.'s acquisition of Supercell, the Finnish maker of the "Clash of Clans" game, for $8.6 billion.
  • There were 392 financially sponsored transactions with an aggregate value of $28.61 billion, representing 14 percent of the total volume and 16 percent of the total value, respectively.
  • 2016 Key Trends

  • Total transaction volume in 2016 saw a one percent uptick over 2015, from 2,844 to 2,874.
  • Total transaction value in 2016 rose by 12 percent over 2015, from $157.99 billion to $177.35 billion.
  • The median revenue multiple moved slightly from 2.2x in 2015 to 2.1x in 2016. The median EBITDA multiple improved from 10.0x in 2015 to 11.3x in 2016.
  • The segment with the largest rise in volume in 2016 over 2015 was E-Commerce with an 11 percent increase, from 635 to 708 transactions.
  • M&A Market Overview

    Berkery Noyes tracked 8,216 Online & Mobile transactions between 2014 and 2016, of which 1,756 disclosed financial terms, and calculated the aggregate value to be $346.55 billion. Based on known transaction values, we project values of 6,460 undisclosed transactions to be $120.61 billion, totaling $467.16 billion worth of transactions tracked over the past three years.

    Full Year
    2016
    Online & Mobile

    1st Half 2016 Online & Mobile Industry Trends

    1ST HALF 2016 KEY HIGHLIGHTS

  • The largest deal in 1st Half 2016 was Microsoft Corporation's announced acquisition of LinkedIn, a business social networking site, for $25.93 billion. This was the highest value transaction ever completed by Microsoft.
  • There were 204 financially sponsored transactions with an aggregate value of $11.29 billion, representing 14 percent of the total volume and 12 percent of the total value, respectively.
  • 1ST HALF 2016 KEY TRENDS

  • Total transaction volume in 1st Half 2016 increased by nine percent over 2nd Half 2015, from 1,346 to 1,464.
  • The number of deals in the mobile application subsector rose by 18 percent, from 188 to 221 transactions.
  • Total transaction value in 1st Half 2016 gained 12 percent over 2nd Half 2015, from $85.88 billion to $96.14 billion.
  • The median revenue multiple experienced an uptick from 2.1x in 2nd Half 2015 to 2.3x in 1st Half 2016. The median EBITDA multiple remained nearly constant during this timeframe at 11.7x.
  • Transactions in 1st Half 2016 with enterprise values above $160 million received a median revenue multiple of 4.9x, whereas those in the $10-$20 million range had a median revenue multiple of 1.3x.
  • The segment with the largest increase in volume in 1st Half 2016 over 2nd Half 2015 was E-Commerce with a 16 percent rise, from 319 to 369 transactions.
  • M&A Market Overview

    Berkery Noyes tracked 6,795 Online & Mobile transactions between 2014 and 1st Half 2016, of which 1,442 disclosed financial terms, and calculated the aggregate transaction value to be $281.94 billion. Based on known transaction values, we project values of 5,353 undisclosed transactions to be $102.47 billion, totaling $384.41 billion worth of transactions tracked over the past two and a half years.

    1st Half
    2016
    Online & Mobile

    Full Year 2015 Online & Mobile Industry Trends

    2015 Key Highlights

  • Five of the top ten largest transactions in 2015 occurred during the fourth quarter. These five deals, with a combined value of $22.79 billion, accounted for 15 percent of the industry's aggregate value.
  • There were 374 financially sponsored transactions with an aggregate value of $28.33 billion, representing 13 percent of the total volume and 17 percent of the total value, respectively.
  • 2015 Key Trends

  • Total transaction volume in 2015 increased by 12 percent over 2014, from 2,493 to 2,798.
  • Total transaction value in 2015 rose by 19 percent over 2014, from $131.16 billion to $156.49 billion.
  • The median revenue multiple decreased from 2.4x in 2014 to 2.2x in 2015. The median EBITDA multiple declined from 13.1x in 2014 to 10.0x in 2015. However, the median value continued its upward trajectory.
  • The segment with the largest rise in volume in 2015 over 2014 was SaaS & Cloud with a 21 percent increase, from 658 to 798 transactions.
  • In terms of value, the E-Commerce segment's largest acquirer in 2015 was online travel company Expedia with a combined total of $4.94 billion paid in transaction value. This consisted of HomeAway, Inc. for $3.24 billion, Orbitz Worldwide for $1.42 billion, and Travelocity.com Inc. for $280 million.
  • M&A Market Overview

    Berkery Noyes tracked 7,500 Online & Mobile transactions between 2013 and 2015, of which 1,601 disclosed financial terms, and calculated the aggregate value to be $248.69 billion. Based on known transaction values, we project values of 5,899 undisclosed transactions to be $103.40 billion, totaling $352.09 billion worth of transactions tracked over the past three years.

    Full Year
    2015
    Online & Mobile