.
MergerLinks Header Logo

New Deal


Announced

Completed

Capstreet completed the acquisition of hh2 Cloud Services.

Financials

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

Tags

Edit

Private

Private Equity

Majority

Domestic

construction software

Acquisition

software development

Software

Friendly

Single Bidder

Completed

United States

Synopsis

Edit

Capstreet, a Houston-based lower middle market private equity firm, completed the acquisition of hh2 Cloud Services, a provider of software for the construction industry. Financial terms were not disclosed. "We're impressed with hh2's powerful technology and integration capabilities, supported by a talented team, which makes it a strong platform from which to build our future construction software investments. Demand for software solutions in this industry has been growing significantly as companies look for ways to improve their operational efficiency. We look forward to working with Devon and the entire hh2 team as we seek to grow the business both organically and through strategic acquisitions," Paul De Lisi, Capstreet Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US