Thursday, February 11, 2021
As anyone who has been through a corporate sale process can tell you, there is no such thing as a “standard” M&A transaction. Every deal is different and presents a unique set of challenges. This is especially true of transactions involving lead generation companies, which can be very different than businesses in other industries. Amongst other differences, companies in this space utilize a wide variety of customized commercial arrangements and are subject to numerous industry-specific regulatory requirements that buyers need to be aware of before making an investment in this space. In this article, we highlight the top 10 issues that buyer should diligence when considering acquiring a lead generation company. Sellers in this space should focus on eliminating any issues in these areas as well to make them a more attractive acquisition target.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Baring Private Equity Asia Completes Acquisition of Virtusa
February 11, 2021 GMT
SOUTHBOROUGH, Mass. (BUSINESS WIRE) Feb 11, 2021
Baring Private Equity Asia and its affiliated funds (“BPEA”) today announced that BPEA has successfully completed the acquisition and privatization of Virtusa Corporation (NASDAQ GS:VRTU) (“Virtusa” or the “Company”), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering.
In conjunction with the closing, Virtusa’s common stock will cease trading before the market opens on February 11, 2021 and the Company will no longer be listed on the NASDAQ stock exchange. Virtusa will operate as a privately-held company.
MSSP Herjavec Group To Be Purchased By Apax Partners
Being acquired by Apax Partners will allow Herjavec Group to hire more threat and identity personnel and bolster the company’s identity and Security Orchestration, Automation and Response (SOAR) offerings. By Michael Novinson February 11, 2021, 12:59 PM EST
Apax Partners has agreed to buy a majority stake in Herjavec Group to accelerate international expansion and advance the company’s identity and security management platforms.
The Toronto-based managed security service provider, No. 100 on the 2020 CRN Solution Provider 500, said being acquired by Apax Partners will give Herjavec Group more threat and identity resources and bolster the company’s identity and Security Orchestration, Automation and Response (SOAR) offerings. Founder and “Shark Tank” star Robert Herjavec will remain a significant stakeholder and CEO.
Newly Launched Thirdera Looks To Lead In ServiceNow Solutions Arena
Created through the acquisition and merger of three ServiceNow partners, Thirdera and its private equity owner have their eye on being the largest global strategic services provider focused exclusively on the ServiceNow platform. By Rick Whiting February 11, 2021, 03:00 AM EST
Three recently acquired ServiceNow channel partners are being combined by their private equity owner to create a new major player in the market for services around the ServiceNow platform.
The new consulting company, named Thirdera, is being officially launched Thursday with the goal of providing the most comprehensive lineup of solutions and services from a company focused exclusively on ServiceNow.
Thursday, February 11, 2021
Marisa E. Poncia
Despite initial obstacles because of the COVID-19 pandemic, 2020 rounded out to be the busiest year for mergers and acquisitions (M&A) enforcement in the United States in nearly two decades. In the fourth quarter, US agencies challenged five transactions. November 2020 saw the most premerger filings in any month since 2001. Mergers and filings in the United States are predicted to remain at high levels into the new year in light of the current economic climate. The antitrust agencies have continued to maintain that their evaluation and investigation of anticompetitive harm will remain rigorous despite the uncertain times.