Parallax Capital Partners Sells Daptiv to Changepoint

LAGUNA HILLS, CA – Aug. 21, 2014: Parallax Capital Partners, LLC (“Parallax”) announced the sale of Seattle based Daptiv Solutions, LLC to Toronto based Changepoint Corporation (Changepoint) on August 20, 2014. Daptiv is a leading vendor of advanced Project Portfolio Management (PPM) enterprise software that improves the way corporations align strategies,...

Process

Parallax Capital Partners’ acquisition process begins by determining the type of transaction we are about to engage in with a seller. By evaluating whether we are engaging in an acquisition that is a growth-oriented business or a legacy business with special customer care needs, helps us move forward with the...

Investment Criteria

Parallax Capital Partners is dedicated to acquiring, managing and often operating the businesses that comprise our portfolio. We actively pursue corporate divestitures, public-to-private transactions, management buy-outs, private companies, recapitalizations, and other opportunities that meet our investment criteria. Our experience and expertise provides us the flexibility and capacity to deal with...

About

Parallax was founded in January 1999 to make control equity investments in lower middle market software and related technology companies. Parallax invests in companies with revenues between $5 and $100 million where there are creative opportunities to significantly enhance a company’s value. We welcome complex transactions or turnarounds including leveraged...

Parallax Capital Partners and StepStone Group to Acquire DivX

SAN DIEGO, CA – Mar 31, 2014: Parallax Capital Partners (“Parallax”) and StepStone Group announced today they have signed a definitive agreement to acquire DivX LLC and its subsidiaries, including the MainConcept entities, from Rovi Corporation for $75 million in a combination of cash and additional deferred contingent payments. San Diego...

HID Global Acquires Identrust

AUSTIN, TX – Jan. 22, 2014: HID Global®, a worldwide leader in secure identity solutions, today announced it has acquired IdenTrust, Inc. (IdenTrust®), a leading provider of solutions for globally interoperable digital identities that can authenticate, encrypt, and create electronic signatures for every type of transaction or activity where proof of...

Global Trust and Identity Solutions Leader IdenTrust Aquired by Parallax Capital Partners

LAGUNA HILLS, CA – Sept. 25, 2013: Parallax Capital Partners (Parallax) a Southern California based software focused private equity firm and StepStone Group LP, a global private equity firm are pleased to announce they have acquired a majority holding in IdenTrust, Inc. (IdenTrust), a leader in global trust and identity solutions....

IT Security Leader FoxT Acquired By Parallax Capital Partners

LAGUNA HILLS, CA – June. 10, 2013: Parallax Capital Partners, LLC (Parallax), a southern California-based software focused private equity firm, today announced it has acquired Fox Technologies Inc. (FoxT), the industry leader in access management and governance software. FoxTs access management and governance products enable organizations to proactively administer, enforce and...

DivX

DivX helps consumers enjoy a high-quality video experience on any device or platform. The company creates, distributes and licenses digital video technologies for today’s media environments.

Daptiv Positioned as a Leader in Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services

SEATTLE, WA – May 29, 2013: Daptiv, the on-demand leader in project portfolio management software, today announced that it has been positioned by Gartner, Inc. in the “Leaders” quadrant of the “Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.” This Gartner Magic Quadrant “offers an in-depth analysis of the competitive...