Merger • Financial Services

Amherst Pierpont Securities Acquires Amherst Holdings

On July 1, 2014, Amherst Pierpont Securities acquired financial services company Amherst Holdings from Stone Point Capital

Acquisition Context
  • This is Amherst Pierpont Securities’ 2nd transaction in the Financial Services sector.
  • This is Amherst Pierpont Securities’ 2nd transaction in the United States.
  • This is Amherst Pierpont Securities’ 1st transaction in Texas.

Explore All 384 Merger Financial Services Deals - Search the Database Free


M&A Deal Summary

Date July 1, 2014
Target Amherst Holdings
Sector Financial Services
Buyer(s) Amherst Pierpont Securities
Sellers(s) Stone Point Capital
Deal Type Merger

Target Company

Amherst Holdings

Austin, Texas, United States
Amherst Holdings is a specialist broker-dealer focused on high-grade, mortgage-related securities and their derivatives.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Amherst Pierpont Securities

New York, New York, United States

Category Company
Sector Financial Services
DESCRIPTION

Amherst Pierpont Securities is an independent broker-dealer that provides to institutional clients liquidity, execution services, and strategic advice pertaining to the US Treasury, federal agency, and repurchase markets. The firm has assembled a group of talented and seasoned professionals recruited from many of the leading global financial institutions. Amherst Pierpont Securities is based in New York.


Deal Context for Buyer #
Overall 2 of 2
Sector: Financial Services 2 of 2
Type: Merger 2 of 2
State: Texas 1 of 1
Country: United States 2 of 2
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-30 Cortview Capital Securities

Richmond, Virginia, United States

Cortview Capital Securities LLC (“CCS”) is a fixed-income focused broker-dealer, based in Richmond, VA, with offices in New York, Charlotte, NC and Boca Raton, FL, dedicated to providing superior, regionally-focused sales, trading, origination, securitization and advisory services to a national, middle-markets client base. CCS is a wholly-owned subsidiary of Cortview Capital Holdings, Inc., which is a portfolio company of Warburg Pincus.

Buy -

Seller Profile 1

SELLER

Stone Point Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 55.0B 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 $75 and $750 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 Context for Seller #
Overall 17 of 59
Sector: Financial Services 2 of 21
Type: Merger 1 of 5
State: Texas 1 of 5
Country: United States 12 of 53
Year: 2014 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-16 Symbion

Nashville, Tennessee, United States

Symbion owns and operates a national network of short stay surgical facilities.

Sell $792M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Homepoint

Ann Arbor, Michigan, United States

Homepoint is a mortgage banking business that is focused on residential mortgage origination, servicing, and asset management. Homepoint was founded in 2014 and is based in Ann Arbor, Michigan.

Buy -