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New Deal


Announced

Completed

Genstar Capital and GI Partners completed the investment in Daxko.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Friendly

Domestic

Private

software-as-a-service

fintech company

FinTech

Acquisition

United States

Minority

Completed

Single Bidder

Synopsis

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Two private equity firms Genstar Capital and GI Partners completed the investment in Daxko, a software and integrated payments provider. Financial terms were not disclosed. "Daxko is the leading integrated software and payments provider to the health and wellness industry and our software is the lifeblood of our customers' daily operations. Our end-to-end platform offering continues to expand from attractive organic growth initiatives as well as ongoing execution of our proven acquisition strategy. We have worked closely with GI Partners who have supported us and helped make meaningful enhancements to the business," Ron Lamb, Daxko CEO.

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