M&A Deal Summary |
|
|---|---|
| Date | 2019-07-08 |
| Target | York Risk Services Group |
| Sector | Insurance |
| Buyer(s) | Sedgwick |
| Sellers(s) | Onex Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Jefferies J.P. Morgan Securities (Financial) Fried Frank Harris Shriver & Jacobson LLP (Legal) |
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Sedgwick is a global provider of technology-enabled risk, benefits and integrated business solutions. The Company provides technology-enabled claims management solutions for workers’ compensation, disability, liability, and property claims. Sedgwick was founded in 1969 and is based in Memphis, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 20 |
| Sector (Insurance) | 7 of 10 |
| Type (Add-on Acquisition) | 7 of 18 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 6 of 18 |
| Year (2019) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-06 |
Cunningham Lindsey Group
Mississauga, Ontario, Canada Cunningham Lindsey Group is a provider of insurance claims management services, including claims adjusting, appraisal and claims and risk management for property and casualty insurance losses. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-15 |
Time and Material
Chattanooga, Tennessee, United States G&E Enterprises LLC is a software as a service company tailored to meet the specific needs of the construction and property loss industries. G&E Enterprises has designed and developed the industry's leading Time and Material Estimating and Billing system, which delivers accurate, consistent, and transparent estimate and billing packages for their clients. G&E Enterprises LLC was established in 2009 and is based in Chattanooga, Tennessee. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 23.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Onex Partners is the private equity investment arm of Onex Corp., a Canadian based public investment and asset management firm that also invests in real estate and credit securities. Onex Partners targets investments in large companies, and ONCAP which invests in smaller middle-market companies. Both groups consider North American businesses in a wide range of industries with a special interest in aerospace, healthcare, and industrial companies. Prospective transaction situations include corporate carve-outs where the firm can leverage restructuring capabilities. Onex Corp. was established in 1984 and is based in Toronto with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 29 of 36 |
| Sector (Insurance) | 3 of 4 |
| Type (Add-on Acquisition) | 5 of 6 |
| State (New Jersey) | 2 of 2 |
| Country (United States) | 22 of 28 |
| Year (2019) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-13 |
WestJet Airlines
Calgary, Alberta, Canada WestJet is Canada’s second largest airline, providing critical infrastructure to Canadians in the form of scheduled service to over 100 destinations in North America, Central America, the Caribbean and Europe. WestJet Airlines was founded in 1994 and is based in Calgary, Alberta. |
Buy | $5.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-31 |
Wealth Enhancement Group
Plymouth, Minnesota, United States Wealth Enhancement Group is a comprehensive wealth management firm that provides team-based financial planning, estate planning, retirement income planning, insurance, tax strategies, and investment management services. Wealth Enhancement Group was founded in 1997 and is based in Plymouth, Minnesota. |
Buy | - |
