M&A Deal Summary

Stone Point Capital, Insight Partners and Cohesive Capital Partners Acquire CoreLogic

On February 4, 2021, private equity firm Stone Point Capital, venture capital firm Insight Partners and private equity firm Cohesive Capital Partners acquired information services company CoreLogic for 6.0B USD

Acquisition Highlights
  • This is Stone Point Capital’s 1st, Insight Partners’ 2nd and Cohesive Capital Partners’ 3rd transaction in the Information Services sector.
  • This is Stone Point Capital’s 2nd, Insight Partners’ 3rd and Cohesive Capital Partners’ 2nd largest (disclosed) transaction.
  • This is Stone Point Capital’s 79th, Insight Partners’ 61st and Cohesive Capital Partners’ 21st transaction in the United States.
  • This is Stone Point Capital’s 11th, Insight Partners’ 17th and Cohesive Capital Partners’ 4th transaction in California.

M&A Deal Summary

Date 2021-02-04
Target CoreLogic
Sector Information Services
Buyer(s) Stone Point Capital
Insight Partners
Cohesive Capital Partners
Deal Type Going Private
Deal Value 6.0B USD
Advisor(s) Evercore Group (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

CoreLogic

Irvine, California, United States
website
CoreLogic's corporate headquarters in Irvine, California.
CoreLogic's corporate headquarters in Irvine, California.
CoreLogic is a provider of property, mortgage and consumer information, analytics, technology and services to businesses. CoreLogic was founded in 1894 and is based in Irvine, California.

Search 192,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 3

Buyer

Stone Point Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1994
PE ASSETS 25.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $5 and $500 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 92 of 103
Sector (Information Services) 1 of 1
Type (Going Private) 4 of 7
State (California) 11 of 11
Country (United States) 79 of 90
Year (2021) 1 of 6
Size (of disclosed) 2 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-23 Lone Wolf

Cambridge, Ontario, Canada

Lone Wolf is a SaaS provider of back- and front-office solutions for residential real estate brokers and agents in North America. Lone Wolf offers software solutions used by more than 1.5 million agents, 9,000 brokerages, and hundreds of multiple listing services and associations throughout North America. Lone Wolf was founded in 1989 and is based in Cambridge, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 Allied Benefit Systems

Chicago, Illinois, United States

Allied Benefit Systems is an independent third-party administrator of group health benefits to self-insured employers. Allied provides customized benefits solutions, medical management and cost control strategies to self-insured employer groups across the U.S. The company offers a broad array of network options, pharmacy solutions and care management strategies to enable its customers to reduce costs and drive improved member satisfaction. Allied Benefit Systems was founded in 1980 and is based in Chicago, Illinois.

Buy -
Buyer
DESCRIPTION

Insight Partners is a growth capital investment firm focused on early to later stage investments principally in the software sector. Insight Partners was formed in 1995 and is based in New York, New York.


DEAL STATS #
Overall 77 of 86
Sector (Information Services) 2 of 3
Type (Going Private) 5 of 7
State (California) 17 of 18
Country (United States) 61 of 69
Year (2021) 1 of 5
Size (of disclosed) 3 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Exclaimer

Farnborough, United Kingdom

Exclaimer is a provider of on-premises and cloud-based email signature software and solutions for Microsoft 365, Microsoft Exchange, and Google Workspace. Exclaimer was formed in 2000 and is based in Farnborough, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-05 E2open

Austin, California, United States

E2open is a provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative planning and execution across global trading networks. E2open was founded in 2020 and is based in Austin, Texas.

Sell -
DESCRIPTION

Cohesive Capital Partners is private equity co-investment firm. The Firm looks to invest and work alongside deal sponsors in small to mid-sized companies and will consider businesses operating in any sector. Prospective deal situations include buyouts, growth equity financings, and other opportunistic situations. Cohesive Capital Partners was formed in 2010 and is based in New York City.


DEAL STATS #
Overall 22 of 32
Sector (Information Services) 3 of 3
Type (Going Private) 1 of 1
State (California) 4 of 5
Country (United States) 21 of 30
Year (2021) 1 of 7
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-09 Ingram Micro

Irvine, California, United States

Ingram Micro is a wholesale technology distributor and a global provider of IT supply-chain, mobile device lifecycle services, and logistics solutions. Ingram Micro distributes and markets a large variety of technology and mobility products from companies such as Acer, Apple, Cisco, Citrix, Hewlett-Packard, IBM, Lenovo, Microsoft, Samsung, Symantec, VMware, and others. Ingram Micro was founded in 1979 and is based in Irvine, California.

Buy $7.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 MissionWired

Washington, District of Columbia, United States

MissionWired provides a full suite of integrated marketing solutions that connect clients with donors to improve digital fundraising results. MissionWired was founded in 2007 and is headquartered in Washington, District of Columbia.

Buy -