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Private Equity
FINANCIAL | Investment Firms & Funds
convergencepartners.com

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Total Raised

$38.6M

Investors Count

1

Investments

10

Convergence Partners Funding, Convergence Partners Valuation & Convergence Partners Revenue

1 Fundings

Convergence Partners's latest funding round was a Line of Credit for $38.6M on May 12, 2014.

Date

Round

Amount

Investors

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Revenue

Sources

5/12/2014

Line of Credit

$38.6M

1

Date

5/12/2014

Round

Line of Credit

Amount

$38.6M

Investors

Valuation

Revenue

Sources

1

Convergence Partners Investors

1 Investors

Convergence Partners has 1 investors. Nedbank Capital invested in Convergence Partners's Line of Credit funding round.

First funding

Last Funding

Investor

Rounds

Board Seats

Type

Location

5/12/2014

5/12/2014

1
Line of Credit

Investment Bank

South Africa

First funding

5/12/2014

Last Funding

5/12/2014

Investor

Rounds

1
Line of Credit

Board Seats

Type

Investment Bank

Location

South Africa

Convergence Partners Acquisitions

2 Acquisitions

Convergence Partners acquired 2 companies. Their latest acquisition was Ctrack - Africa & Middle East on February 25, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/25/2021

$99M

Acquired Unit - Fin

2

5/11/2020

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$99M

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10

Date

2/25/2021

5/11/2020

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired Unit - Fin

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Sources

2

10

Convergence Partners Investments

10 Investments

Convergence Partners has made 10 investments. Their latest investment was in LifeQ as part of their Series A on May 5, 2021.

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Convergence Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/26/2021

Series A

LifeQ

$47M

Yes

4

12/10/2020

Secondary Market

Channel VAS

$5M

No

1

9/23/2019

Private Equity - III

Channel VAS

$54M

Yes

2

12/6/2018

Series A

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$99M

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10

5/17/2017

Unattributed

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$99M

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10

Date

5/26/2021

12/10/2020

9/23/2019

12/6/2018

5/17/2017

Round

Series A

Secondary Market

Private Equity - III

Series A

Unattributed

Company

LifeQ

Channel VAS

Channel VAS

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Amount

$47M

$5M

$54M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

4

1

2

10

10

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