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777 Partners Acquires Significant Minority Stake In United Star Software Limited

Sep 14, 2022•over 3 years ago

Acquiring Company

777 Partners

Acquired Company

United Star Software Limited

Angel InvestmentVenture CapitalFinanceFinancial Services

Description

777 Partners, a Miami-based alternative investment firm, has entered into an agreement to acquire a 40% stake in United Star Software Limited ("USG"), a Dublin based aggregator of regional software development groups in Central & Eastern Europe.

Company Information

Company

777 Partners

Location

Brickell Ave

About

777 Partners is a Miami-based alternative investment firm that invests across a number of high growth attractive verticals. Founded in 2015, 777 Partners strategically invests across seven broad industries / strategies: insurance; consumer and commercial finance; litigation finance; direct lending; sports, media and entertainment; aviation; and special opportunities. The firm seeks to acquire and build operating businesses that generate long-term, high quality predictable cash flows for its proprietary balance sheet, while consolidating operations across like businesses to create efficiencies and economies of scale. 777 Partners invests at all stages of the business cycle and targets companies accretive to its existing portfolio. SOURCE 777 Partners

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed