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New Deal


Announced

Completed

Advent-backed TSG completed the acquisition of MyXplor from AirTree Ventures for $43m.

Financials

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Transaction Value£32m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

software development

Acquisition

Friendly

Private Equity

Completed

Software

Private

Majority

Single Bidder

Cross Border

Synopsis

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Advent-backed Transaction Services Group, a provider of business management software, completed the acquisition of MyXplor, a developer of SaaS-based software for childcare centers, from AirTree Ventures, a venture capital firm, for $43m. "We are humbled to be able to accelerate this vision as part of the TSG family and I can’t wait to get to work to help make education great," MyXplor Mark Woodland CEO and Founder.

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