M&A Deal Summary |
|
---|---|
Date | 2020-06-10 |
Target | Core Specialty Insurance |
Sector | Insurance |
Buyer(s) |
SkyKnight Capital
Dragoneer Investment Group Aquiline Capital Partners |
Sellers(s) | Enstar Group |
Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
SkyKnight Capital is a private equity firm focused on long-term investments in businesses requiring value-add strategies to achieve growth. SkyKnight will consider majority or minority investment situations and generally looks to commit $25 to $250 million per transaction. Sectors of interest include healthcare, financial services, and tech-enabled services. SkyKnight is headquartered in San Francisco, California.
DEAL STATS | # |
---|---|
Overall | 6 of 12 |
Sector (Insurance) | 3 of 3 |
Type (Divestiture) | 1 of 1 |
State (Ohio) | 2 of 3 |
Country (United States) | 6 of 12 |
Year (2020) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-10-21 |
Aerocare
Orlando, Florida, United States Aerocare is a provider of oxygen, respiratory, sleep, and other chronic therapy services to patients in the home. AeroCare's patients typically suffer from the chronic obstructive pulmonary disease (COPD), obstructive sleep apnea (OSA), or congestive heart failure (CHF) and require in-home therapy services. Aerocare Holdings, Inc. was founded in 2000 and is based in Orlando, Florida. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-08-04 |
Patra
El Dorado Hills, California, United States Patra is a technology and tech-enabled business process outsourcing provider to the insurance industry. Patra’s technology-enabled solutions bring efficiency, accuracy, and standardization to a comprehensive set of processes across the insurance value chain. Patra was formed in 2005 and is based in El Dorado Hills, California. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 2012 |
Size | Small |
Type | Sector Agnostic |
Dragoneer Investment Group is a growth-oriented investor in public and private companies throughout the US. Dragoneer Investment Group was established in 2012 and is headquartered in San Francisco, California.
DEAL STATS | # |
---|---|
Overall | 6 of 8 |
Sector (Insurance) | 2 of 2 |
Type (Divestiture) | 1 of 1 |
State (Ohio) | 1 of 1 |
Country (United States) | 4 of 5 |
Year (2020) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-04-25 |
CampusLogic
Chandler, Arizona, United States CampusLogic delivers SaaS technology that helps colleges and universities remove barriers in the financial aid process. The company currently helps nearly 800 schools increase enrollment, retention, and graduation rates with the most comprehensive platform of Student Financial Success products. CampusLogic was formed in 2011 and is based in Chandler, Arizona. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-09-24 |
Clearwater Analytics
Boise, Idaho, United States Clearwater Analytics provides web-based, investment portfolio reporting and analytics for institutional investors, investment managers, custody banks, and electronic trading portals. Clearwater’s daily-aggregated and reconciled solutions deliver the highest level of portfolio transparency available on the market today for clients such as Cisco Systems, Oracle Corporation, Starbucks Corporation and Yahoo!. Clearwater Analytics was founded in 2004 and is based in Boise, Idaho. |
Sell | - |
Category | Private Equity Firm |
---|---|
Founded | 2005 |
PE ASSETS | 2.1B USD |
Size | Large |
Type | Sector Focused |
Aquiline Capital Partners is a private equity firm that targets investments in the financial services sector. The Firm specifically invests in risk-bearing and services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance and transaction processing. Aquiline Capital was formed in 2005 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 50 of 68 |
Sector (Insurance) | 10 of 12 |
Type (Divestiture) | 4 of 7 |
State (Ohio) | 1 of 2 |
Country (United States) | 37 of 52 |
Year (2020) | 4 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-05-13 |
Artivest Holdings
New York, New York, United States Artivest Holdings, Inc. is a provider of premier alternative investment strategies designed for financial professionals and individuals seeking to improve their portfolio diversification. Artivest follows a disciplined process for identifying, evaluating, selecting, and monitoring investment talent across a spectrum of alternative strategies including managed future, global macro, long/short equity, private equity, event-driven, and others. Artivest Holdings is based in New York. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-07-20 |
Quintes Holding
Culemborg, Netherlands Quintes Holding is an insurance broker operating nationwide in the Netherlands working with subsidiaries Quintes, Commandeur, Kroezen, Deugd & Terpstra, Timmermans Koch en Brink, Beijer, Plus Diensten and Wiersma & Walvius. |
Buy | - |
Category | Company |
---|---|
Founded | 1993 |
Sector | Insurance |
Employees | 792 |
Revenue | 864M USD (2021) |
Enstar Group is a insurance run-off services company that specializes in acquiring and managing reserves associated with discontinued books of property & casualty insurance and reinsurance business on a global basis. Enstar Group was incorporated in 2001 and is based in Hamilton, Bermuda.
DEAL STATS | # |
---|---|
Overall | 2 of 3 |
Sector (Insurance) | 2 of 3 |
Type (Divestiture) | 2 of 3 |
State (Ohio) | 1 of 1 |
Country (United States) | 2 of 3 |
Year (2020) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-10-30 |
BorgWarner Morse TEC
Ithaca, New York, United States BorgWarner Morse TEC LLC is a manufacturer of automotive parts and accessories. BorgWarner Morse TEC is based in Ithaca, New York. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-02-16 |
PLICNY
New York, New York, United States PLICNY is a New York-domiciled insurance company licensed to underwrite business in New York and Delaware. |
Sell | - |