M&A Deal Summary

TA Associates and Genstar Capital Acquire Orion

On February 9, 2015, private equity firms TA Associates and Genstar Capital acquired financial services company Orion

Acquisition Highlights
  • This is TA Associates’ 33rd and Genstar Capital’s 5th transaction in the Financial Services sector.
  • This is TA Associates’ 187th and Genstar Capital’s 43rd transaction in the United States.
  • This is TA Associates’ 3rd and Genstar Capital’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2015-02-09
Target Orion
Sector Financial Services
Buyer(s) TA Associates
Genstar Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Orion

Omaha, Nebraska, United States
website
Orion is a provider of the tech-enabled fiduciary process that transforms the advisor-client relationship by enabling financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected, technology-driven experience. Orion was founded in 1999 and is based in Omaha, Nebraska.

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Buyer(S) 2

Buyer

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 225 of 360
Sector (Financial Services) 33 of 51
Type (Buyout (LBO, MBO, MBI)) 65 of 71
State (Nebraska) 3 of 3
Country (United States) 187 of 261
Year (2015) 4 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-05 SoftWriters

Allison Park, Pennsylvania, United States

SoftWriters, Inc. is a software solution provider servicing pharmacies that provide care to long term post-acute care patients, assisted living residents, independent living residents, pharmacies servicing group homes, correctional facilities, specialty pharmacies, and pharmacies servicing 340B contracts.

Sell $450M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-16 YeePay

Beijing, China

YeePay is a payments service provider with a mission to provide better e-payment solutions and value-added financial services through technology and innovation. YeePay was founded in 2003 and is based in Beijing, China.

Buy -
Buyer

Genstar Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1988
PE ASSETS 49.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Genstar Capital is a private equity firm that seeks investments in life science, healthcare, medical products, industrial technology, software, financial services, packaging, building materials, manufacturing, and business services companies. Genstar looks to invest between $50 and $400 million of equity capital in businesses valued up to $1 billion. Target transaction situations include control-oriented leveraged buyouts of corporate divisions, privately held businesses or public companies, minority investments in privately held businesses or public companies, ownership restructurings/recapitalizations of privately held businesses, growth equity financings, partnerships with other strategic or financial buyers, and take privates. Genstar Capital was formed in 1988 and is based in San Francisco, California.

DEAL STATS #
Overall 48 of 107
Sector (Financial Services) 5 of 11
Type (Buyout (LBO, MBO, MBI)) 21 of 26
State (Nebraska) 1 of 1
Country (United States) 43 of 99
Year (2015) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 Telestream

Nevada City, California, United States

Telestream is a provider of digital video software and workflow solutions that allow consumers and businesses to transform video content on the desktop and across the enterprise. Telestream was founded in 1998 and is based in Nevada City, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-25 Mercer Advisors

Denver, Colorado, United States

Mercer Advisors is an independent RIA primarily services the mass-affluent and high-net-worth clients. Mercer attracts and retains clients by offering comprehensive wealth management solutions, including: financial planning, investment management, tax management, retirement income and benefits planning, and estate planning. Mercer Advisors was founded in 1985 and is based in Denver, Colorado.

Buy -
Mergr

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