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Transactions / I••••••••• T•••••••••

A•••••••• C•••••• P••••••• Announces the Acquisition of I••••••••• T•••••••••, Inc.

Platform acquisitionannouncedannounced Jan 28, 2019Fact
What happened
Target
I••••••••• T•••••••••
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
technology / technology
Target location
CA, US
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
  • M•••••• H••••• L••••••••Deal partnerconfirmed
    “M•••••• L••••••••, a Managing Partner at A•••••••• Capital, said, “We are excited to partner with Vicente and the ITI management team to further increase the speed and efficiency of DMV services.”
  • B•• R••••••Deal partnerconfirmed
    “B•• R••••••, a Vice President at A•••••••• Capital, said, “In an environment where constituents expect better service from their state, local and municipal authorities, ITI’s solutions deliver the innovative technology that is enhancing the user experience at DMVs nationwide.”
  • A•••••••• C•••••• P•••••••Sponsorconfirmed
    “A•••••••• C•••••• P••••••• Announces the Acquisition of I••••••••• T•••••••••, Inc. | published on A•••••••• C•••••• P•••••••'s own news page arlingtoncap.com”
Side not stated
  • D••• N••••••••Managementconfirmed
    “D••• N••••••••, President of ITI, said, “We are a company dedicated to operational efficiency, and our collective vision for current and prospective customers is to leverage technology to address the repetitive and predictable tasks that DMVs must perform on a daily basis so that they can focus on c”
  • I••••••••• T•••••••••Targetconfirmed
    “A•••••••• C•••••• P••••••• Announces the Acquisition of I••••••••• T•••••••••, Inc.”
Evidence
“A•••••••• C•••••• P••••••• Announces the Acquisition of I••••••••• T•••••••••, Inc.”
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