M&A Deal Summary |
|
|---|---|
| Date | 2012-01-09 |
| Target | Arrowhead General Insurance Agency |
| Sector | Insurance |
| Buyer(s) | Brown & Brown |
| Sellers(s) |
Spectrum Equity
JMI Equity Prospect Capital Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 400M USD |
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| Category | Company |
|---|---|
| Founded | 1939 |
| Sector | Insurance |
| Employees | 15,201 |
| Revenue | 3.6B USD (2022) |
Brown & Brown is a provider of insurance and reinsurance products and services to general business, corporate, governmental and quasi-governmental, institutional, professional, trade association and individual clients. Brown & Brown was incorporated in 1939 and is based in Daytona Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 107 |
| Sector (Insurance) | 18 of 95 |
| Type (Add-on Acquisition) | 18 of 103 |
| State (California) | 1 of 3 |
| Country (United States) | 19 of 102 |
| Year (2012) | 1 of 3 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-23 |
Colonial Claims
Dunedin, Florida, United States Colonial Claims services all types of property and liability claims nationwide, including Wind, Fire, Hail, Flood, Tornado, and Earthquake for Residential and Commercial properties. Colonial Claims provides both field and desk adjusting resources, as well as appraisals, dispute resolution services, mediation and arbitration services, litigation and alternative defense services, and TPA services to many of the largest carriers in the U.S. Colonial Claims was founded in 1982 and is based in Dunedin, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-09-14 |
Texas Security General Insurance Agency
San Antonio, Texas, United States Texas Security General Insurance Agency, Inc. is a managing general insurance agency. TSGA offers claims management services and personal and commercial lines coverages throughout Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 4.7B USD |
| Size | Large |
| Type | Sector Focused |
Spectrum Equity Management L.P. is a private equity investor focused on service businesses. Spectrum specifically targets established businesses in the media, communications, IT, information, and business services industries. The Firm looks to commit $25 to $100 million of equity capital per transaction and focuses on opportunities throughout North America and Western Europe. Prospective transaction situations include leveraged buyouts, recapitalizations, acquisition financings, and secondary purchases. Spectrum Equity Investors was formed in 1994 and has offices in Boston, Massachusetts and Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 70 |
| Sector (Insurance) | 1 of 1 |
| Type (Add-on Acquisition) | 22 of 43 |
| State (California) | 6 of 11 |
| Country (United States) | 29 of 63 |
| Year (2012) | 1 of 2 |
| Size (of disclosed) | 17 of 27 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-14 |
HealthMEDX
Ozark, Missouri, United States HealthMEDX is a software provider for long-term care, home health, and rehab organizations with innovative product design, flexible deployment options, the ability to address multiple care settings, and an easy to use product. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-21 |
AMC
Leawood, Kansas, United States AMC is a theatrical exhibition company. The Company operates more then 400 locations across North America and China. AMC was incorporated in 1920 and is based in Leawood, Kansas. |
Sell | $2.6B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 7.5B USD |
| Size | Mega |
| Type | Sector Focused |
JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $10 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 49 of 105 |
| Sector (Insurance) | 1 of 1 |
| Type (Add-on Acquisition) | 36 of 66 |
| State (California) | 8 of 18 |
| Country (United States) | 46 of 93 |
| Year (2012) | 1 of 7 |
| Size (of disclosed) | 15 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-20 |
CouponCabin
Whiting, Indiana, United States CouponCabin is an eCommerce solution for retailers to market discounts for online and in-store purchases, providing consumers with coupon codes, printable coupons, grocery offers and more. CouponCabin was formed in 2003 and is based in Whiting, Indiana. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-23 |
Datatel
Fairfax, Virginia, United States Datatel has focused exclusively on helping colleges and universities manage their business processes. Datatel today provides fully integrated enterprise information management software solutions to more than 600 colleges, universities and other higher education institutions serving almost 4 million students |
Sell | - |
| Category | Business Development Company |
|---|---|
| Founded | 1988 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prospect Capital Corporation is a publicly traded mezzanine debt and private equity firm that primarily provides non-control financing to support growth, recapitalizations, acquisitions, and development. Prospect will selectively consider control acquisitions by providing multiple levels of the capital structure. Prospect was initially formed in 1988 and went public 2004. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 47 |
| Sector (Insurance) | 1 of 1 |
| Type (Add-on Acquisition) | 3 of 17 |
| State (California) | 2 of 5 |
| Country (United States) | 9 of 46 |
| Year (2012) | 1 of 7 |
| Size (of disclosed) | 7 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-01 |
Hoffmaster Group
Oshkosh, Wisconsin, United States Hoffmaster Group is a designer, manufacturer and supplier of decorated, premium disposable tableware (including napkins, plates, tablecovers and placemats) sold to major consumer retail and foodservice customers. The Company is highly regarded for its design and manufacturing capabilities, providing the Company with unique growth opportunities as retailers expand their seasonal and party/life celebration planograms, and as national restaurant and hospitality chains increasingly realize the branding and cost-in-use benefits of premium disposable tableware products. Hoffmaster Group was founded in 1947 and is based in Oshkosh, Wisconsin. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-13 |
SonicWALL
San Jose, California, United States SonicWALL is a provider of an Internet security solutions and appliances. SonicWALL has three business units: Network Security, Content Security, and Business Continuity. |
Sell | $1.2B |
