M&A Deal Summary |
|
|---|---|
| Date | 2020-02-13 |
| Target | First American Docutech |
| Sector | Financial Services |
| Buyer(s) | First American |
| Sellers(s) | Serent Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Raymond James - Investment Banking (Financial) |
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| Category | Company |
|---|---|
| Founded | 1889 |
| Sector | Financial Services |
| Employees | 21,153 |
| Revenue | 7.6B USD (2022) |
First American is engaged in the business of providing financial services through its title insurance and services segment and its specialty insurance segment. The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and internationally in connection with residential and commercial real estate transactions. It also maintains, manages and provides access to title plant records and images and provides banking, trust and investment advisory services. The specialty insurance segment issues property and casualty insurance policies and sells home warranty products. First American was incorporated in 1889 and is based in Santa Ana, California.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 14 |
| Sector (Financial Services) | 1 of 3 |
| Type (Add-on Acquisition) | 8 of 12 |
| State (Idaho) | 1 of 1 |
| Country (United States) | 10 of 14 |
| Year (2020) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-02 |
Title Security Agency
Tucson, Arizona, United States Title Security Agency LLC specializes in title and escrow services for residential and commercial transactions. Title Security Agency is based in Tucson, Arizona. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-02 |
GreenFolder
Irvine, California, United States GreenFolder, Inc. is a provider of an electronic office management software solutions. GreenFolder is based in Irvine, California. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 1.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Serent Capital is a private equity firm focused on investing in profitable, growing businesses featuring scalable business models and operating in sectors undergoing significant change. Serent looks for companies with $5 to $100 million in growing annual sales where it can commit $20 to $200 million of capital. Target transaction situations include buyouts, recapitalizations, and growth financings. Serent Capital was formed in 2008 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 22 |
| Sector (Financial Services) | 2 of 2 |
| Type (Add-on Acquisition) | 9 of 18 |
| State (Idaho) | 1 of 1 |
| Country (United States) | 11 of 22 |
| Year (2020) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-08 |
ePayPolicy
Austin, Texas, United States ePayPolicy is an electronic payment solutions for the independent insurance industry. Specifically, the company has been on a mission to replace paper checks by enabling policyholders to pay electronically via credit card or ACH. ePayPolicy was founded in 2017 and is based in Austin, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-16 |
SHR
Houston, Texas, United States SHR is a provider of meaningful technology that helps hotels execute their best revenue generation strategies. SHR has a history of innovation starting with Windsurfer® CRS, SHR serves thousands of properties around the globe with an evolving suite of AI-driven solutions, ranging from high-level distribution to intricate guest management. In addition, the company offers Revenue Management for Hire to brands, chains, and management companies. SHR brings hoteliers nimble, real-world technology, intelligently supported by tested industry experts keeping hotels competitive. SHR was founded in 2012 and is based in Houston, Texas. |
Buy | - |
