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Transactions / I•• T•••••••••
L••• E••• Capital I•• T••••••••• Receives Strategic Growth Investment from L••• E••• Capital
Growth investmentannouncedannounced Jun 24, 2024Fact
What happened
- Target
- I•• T•••••••••
- Platform
- not an add-on on record
- Control
- unknown
- Share acquired
- unknown
- Industry
- technology / software, technology
- Target location
- unknown
- Seller kind
- unknown
- Rollover
- unknown
Values, only where disclosed
- Enterprise value
- Not disclosed
- Purchase price
- Not disclosed
- Equity value
- Not disclosed
- Target revenue
- Not disclosed
- Target EBITDA
- Not disclosed
- Multiple
- Not disclosed
Parties and roles
5 named
Buy side
- “We are excited to partner with Isaac and support the company as it accelerates product innovation and growth,” said D•• L•••, Partner at L••• E••• Capital.”
- “I•• T•••••••••, a leading provider of financial software to state and local governments, announced a strategic growth investment from L••• E••• Capital, a leading global growth equity firm.”
Advisory side
- S••• • C••••••Buy-side adviserconfirmed“S••• • C•••••• served as exclusive financial advisor to L••• E••• Capital.”
- A•••• T••••••••• G••••Sell-side adviserconfirmed“A•••• T••••••••• G•••• acted as exclusive financial advisor to I•• T••••••••• on the transaction.”
Side not stated
- “I•• T•••••••••, a leading provider of financial software to state and local governments, announced a strategic growth investment from L••• E••• Capital, a leading global growth equity firm.”
Evidence
“I•• T•••••••••, a leading provider of financial software to state and local governments, announced a strategic growth investment from L••• E••• Capital, a leading global growth equity firm.”
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