Dear Clients and Friends,
Below is a link to our November 2012 Market Update. As you will see, it provides our sense of M&A values, activity and trends for the dozen plus technology, information and healthcare sectors that we follow.
Click here for our Market Update
This month we saw multiple transactions announced with many of size but again, the vast majority of transactions well under $200M. One of these transactions involved our client DMLT, whose Investment Café is the market-leading provider of investor reporting and portal services for the alternative asset community, which was acquired by Paris-based eFront, a software provider of financial solutions for managing alternative investments.
Other notable recent deals include:
- Pearson (LSE:PSON) acquired EmbanetCompass for $650M in cash;
- Vantiv (NYSE:VNTV) agreed to acquire Litle & Co. for $361M;
- Nuance (Nasdaq:NUAN) acquired J.A. Thomas & Associates for $265M;
- CME Group (Nasdaq:CME) agreed to acquire Kansas City Board of Trade (KCBT) for $126M;
- Charles Schwab (NYSE:SCHW) agreed to acquire ThomasPartners for $85M;
- Informa Investment Solutions, a Division of Informa (LSE:INF), acquired Zephyr Associates from Kemmons Wilson for $62M; and
- Management agreed to acquire the remaining shares of Ninetowns Internet Technology Group (Nasdaq:NINE) for $56.8M.
This month was another active month in Healthcare IT M&A. Targets range from compliance and documentation to EMR companies. Strategic buyers like Nuance and McKesson continued to consolidate their power in their respective sectors and others like Wolters Kluwer are moving into foundational technologies such as the medical terminology and vocabulary sector.
Marlin & Associates is one of the most active investment banking and strategic advisory firms providing strategic and financial advice to worldwide buyers and sellers of middle-market technology firms. The firm is headquartered in New York, NY and has additional offices in San Francisco, CA; Washington, DC; Toronto, Canada; and Hong Kong, China serving companies that provide information and technology to a wide range of communities including those that serve the banking, capital markets, insurance, marketing and healthcare arenas.
We trust that you will find this month’s newsletter useful. If you would like more information on these transactions or on our sense of the market, please feel free to call or write.