Investment Summary |
|
|---|---|
| Date | 2014-03-11 |
| Target | Skyward Specialty Insurance Group |
| Sector | Insurance |
| Investor(s) | The Westaim |
| Sellers(s) |
Lightyear Capital
Trilantic North America |
| Deal Type | Stake Purchase |
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The Westaim Corporation is a publicly traded Canadian investment company that specializes in providing long-term capital to businesses operating primarily within the global financial services industry. Westaim invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Westaim was formed in 1996 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2014) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-02 |
Jevco Insurance
Mississauga, Ontario, Canada Jevco Insurance Co. is a provider of specialty and niche insurance products for individuals and businesses in Canada. |
Sell | $530M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.1B USD |
| Size | Large |
| Type | Sector Focused |
Lightyear Capital is a specialist private equity firm that pursues brand-name businesses in the financial services sector. Lightyear looks for companies with stable, recurring revenues that operate in growing markets. Transaction strategies include leveraged buyouts, recapitalizations, restructurings and consolidations. Lightyear Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 30 |
| Sector (Insurance) | 4 of 6 |
| Type (Stake Purchase) | 1 of 1 |
| State (Texas) | 3 of 4 |
| Country (United States) | 10 of 24 |
| Year (2014) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-13 |
Antares Holdings
Hamilton, Bermuda Antares Holdings is a specialist insurer and reinsurer operating in the Lloyd’s market. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-14 |
Yadkin Financial
Raleigh, North Carolina, United States Yadkin Financial Corporation is the holding company for Yadkin Bank, a full-service statechartered community bank providing services in 100 branches across North Carolina and upstate South Carolina. Serving approximately 130,000 customers, Yadkin has assets of $7.5 billion. Yadkin Bank's primary business is providing banking, mortgage, investment and insurance services to residents and businesses across the Carolinas. Yadkin Bank provides mortgagelending services through its mortgage division, Yadkin Mortgage, headquartered in Winston-Salem, NC. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| PE ASSETS | 9.6B USD |
| Size | Mega |
| Type | Sector Agnostic |
Trilantic North America is a mega-sized private equity firm focused on opportunities throughout North America. Trilantic generally invests in large businesses with 'strong market positions, unique franchises, secure and growing market niches or distinctive products and services that command premium prices'. Sectors of interest include business services, consumer, energy, and financial services. The Firm's target investment size is $50 to $300 million in companies valued up to $1 billion. Transaction situations of interest include management buyouts, recapitalizations, growth capital financings, divestitures, new platforms, and generational transfers. Trilantic North America was formed in 2009 through the spin-off of Lehman Brothers' private equity business. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 22 |
| Sector (Insurance) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| State (Texas) | 1 of 3 |
| Country (United States) | 10 of 21 |
| Year (2014) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-10 |
Antero Resources
Denver, Colorado, United States Antero Resources is an independent oil and gas company focused on the exploration and exploitation of unconventional natural gas resources within the Rocky Mountain, Mid-Continent and Appalachia regions of the United States. Antero Resources was founded in 2002 and is based in Denver, Colorado. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-02 |
Fluid Delivery Solutions
Fort Worth, Texas, United States Fluid Delivery Solutions is dedicated to providing E&P clients with the water transfer equipment necessary to help deliver high rate and high volume of fluid transfer. FDS prides itself on servicing the total water needs of its customers with professional quality service and dedication to excellence. Fluid Delivery Solutions is geographically positioned to provide customized and engineered solutions for the unique requirements of the majority of the largest U.S. basins. |
Buy | - |
