M&A Deal Summary

Parthenon Capital and Stockwell Capital Acquire AmWINS

On October 28, 2005, private equity firms Parthenon Capital and Stockwell Capital acquired insurance company AmWINS

Acquisition Highlights
  • This is Parthenon Capital’s 1st and Stockwell Capital’s 2nd transaction in the Insurance sector.
  • This is Parthenon Capital’s 14th and Stockwell Capital’s 10th transaction in the United States.
  • This is Parthenon Capital’s 1st and Stockwell Capital’s 2nd transaction in North Carolina.
Investment Fate
  • AmWINS was recapitalized in 2012 for 1.3B USD.
  • AmWINS was recapitalized in 2012 for 1.3B USD.
  • AmWINS was sold to a consortium of financial buyers in 2016.

M&A Deal Summary

Date 2005-10-28
Target AmWINS
Sector Insurance
Buyer(s) Parthenon Capital
Stockwell Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) BofA Securities (Financial)

Target

AmWINS

Charlotte, North Carolina, United States
website
AmWINS is a distributor of insurance products, provides property and casualty products, group insurance programs, and administrative services to retail insurance agents. It provides brokerage services in the areas of property, casualty, financial risk, auto, construction, environmental, healthcare, life sciences, and public entity. AmWINS was founded in 1998 and is based in Charlotte, North Carolina.

Search 192,611 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) 2

Buyer

Parthenon Capital

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1998
PE ASSETS 5.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Parthenon Capital is a private equity firm focused on investing in service-based businesses with recurring revenues, defensible niches and competitive advantages. Parthenon looks for businesses valued between $75 and $750 million operating in sectors that include business services, financial services, manufacturing, technology-enabled services, and distribution/logistics. Prospective transaction types include recapitalizations, management buyouts, acquisitions, privatizations, and growth capital financings. Parthenon Capital was formed in 1998 and has offices in Boston, Massachusetts and San Francisco, California.


DEAL STATS #
Overall 14 of 60
Sector (Insurance) 1 of 3
Type (Buyout (LBO, MBO, MBI)) 2 of 12
State (North Carolina) 1 of 3
Country (United States) 14 of 59
Year (2005) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-30 AccuMed Home Health Care

Denton, Texas, United States

AccuMed Home Health Care is a provider of home nursing with a focus on serving medicare beneficiaries.

Sell $73M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-03 SSG Precision Optronics

Wilmington, Massachusetts, United States

SSG Precision Optronics, Inc. is a designer and supplier of sophisticated optical systems for prime contractors that provide satellite and tactical systems for the military and government.

Sell -
Buyer

Stockwell Capital

Austin, Texas, United States

Investor Investor

website


Category Private Equity Firm
Founded 2002
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Stockwell Capital is a co-investment firm, focused on making minority investments alongside private equity sponsors. Stockwell is a generalist investor, with no sector preferences and looks to commit $3 to $10 million per investment. The Firm will consider opportunities throughout the US and Europe and prefers late-stage or growth equity situations. Stockwell Capital was formed in 2002 and is based in Chicago.


DEAL STATS #
Overall 14 of 44
Sector (Insurance) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 4 of 13
State (North Carolina) 2 of 2
Country (United States) 10 of 35
Year (2005) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-26 HIT Entertainment

London, United Kingdom

HIT Entertainment is one of the world's leading independent children's entertainment producers and rights-owners. HIT's portfolio includes properties, such as Thomas & Friends™, Barney™, Bob the Builder™, Fireman Sam™, Angelina Ballerina™, Mike the Knight™, Pingu™ and Rainbow Magic™. Launched in 1989, HIT's lines of business span television and video production, content distribution, publishing, consumer products licensing and live events and has operations in the UK, US, Canada, Hong Kong and Japan.

Buy £489M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-01 Neurotherm

Wilmington, Massachusetts, United States

NeuroTherm, is a developer, manufacturer and provider of medical products used in interventional pain management. NeuroTherm’s products include radiofrequency (“RF”) generators and related consumable products as well as epidural catheters, discography devices, intradiscal therapies, pharmaceutical compounding and procedure tables.

Buy -