TargetSolutions, Inc. is a market leader in web-based training and records management software for fire departments and EMS providers, delivering SaaS-based applications and engaging online training courses to more than 2,000 organizations across the country.
TargetSolutions was approached by several parties that were interested in acquiring the business. In light of these communications, the board of directors concluded that it would be in the shareholders’ best interest to consider a sale of the Company. While at a previous firm, an RA Capital professional acted as exclusive financial advisor to TargetSolutions in its sale to Vector Learning (owned by private equity fund LLR Partners).
Industry: Education Services Software
Deal Type: M&A - Sell Side
Location: San Diego, CA
* Transaction was completed by RA Capital Advisors' International Partners or by an RA Capital Advisors professional while working at a previous investment bank.