Insights

Business & Tech-Enabled Services sector saw over $4.9 billion in volume across 445 transactions in January 2019
Sector Report: Business & Tech-Enabled Services January 2019
EXECUTIVE SUMMARY
- Business and Tech-Enabled Services sector saw over $4.9 billion in volume across 445 transactions in January 2019
- Only one large transaction was announced in January:
- DXC Technology’s acquisition of Luxoft
- Select M&A Transactions announced in January:
- Duff & Phelps acquisition of Prime Clerk (announced 1/31/19)
- Taptica acquisition of RhythmOne (announced 1/30/19)
- PIA acquisition of United Digital Group (announced 1/23/19)
- Raymond James acquisition of Silver Lane Advisors (announced 1/23/19)
- Cision acquisition of TrendKite (announced 1/23/19)
- Dynata acquisition of Reimagine Holdings Group (announced 1/22/19)
- Huntington Ingalls Industries acquisition of Fulcrum IT Services (announced 1/18/19)
- Apax Partners acquisition of Fractal (announced 1/16/19)
- Bain Capital acquisition of Brillio (announced 1/15/19)
- PSAV acquisition of Encore Event Technologies (announced 1/14/19)
- Lovell Minnick Partners acquisition of ATTOM Data Solutions (announced 1/8/19 – GCA advised ATTOM Data Solutions in connection with this transaction)
- DXC Technology acquisition of Luxoft Holding Inc. (announced 1/7/19)
- Cision acquisition of Falcon.io (announced 1/3/19)
- Additional noteworthy private equity transactions announced in January:
- Periscope Equity investment in Power Digital Marketing
- BV Investment Partners acquisition of RKD Group
- Silver Oak Services Partners acquisition of Keystone Partners
- Kensington Capital (lead) investment in Simplus
- Century Park Capital Partners acquisition of MCCi
- Renovus Capital acquisition of Tempus Nova
- Gauge Capital acquisition of TVC Enterprises
- ABRY Partners investments in ADURO and Millennium Trust
- PennSpring Capital acquisition of Securus Contact Systems
- Century Equity Partners investment in Rimkus Consulting
- Goldman Sachs investment in Innovid
- Nonantum Capital Partners acquisition of ProVest