M&A Deal Summary |
|
|---|---|
| Date | 2017-10-18 |
| Target | The Warranty Group |
| Sector | Insurance |
| Buyer(s) | Assurant |
| Sellers(s) | TPG |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.5B USD |
| Advisor(s) | UBS Investment Bank (Financial) Skadden, Arps, Slate, Meagher & Flom (Legal) |
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Assurant is a provider of specialty insurance products in the U.S. and select worldwide markets. The company operates its business through four business segments: Assurant Employee Benefits, Assurant Health, Assurant Solutions and Assurant Specialty Property. Assurant was incorporated in 1969 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 17 |
| Sector (Insurance) | 5 of 6 |
| Type (Add-on Acquisition) | 5 of 11 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 9 of 14 |
| Year (2017) | 3 of 3 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-10 |
Olivar
Gyeonggi-do, South Korea Olivar is a provider of mobile device lifecycle management and asset disposition in South Korea. Olivar is based in Gyeonggi-do, South Korea. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-02 |
Assurant Mortgage Solutions Group
Indianapolis, Indiana, United States Assurant Mortgage Solutions Group is a provider of financial services to clients proactively manage risk across the mortgage lifecycle. Assurant Mortgage Solutions is based in Indianapolis, Indiana. |
Sell | $35M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 137.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 166 of 245 |
| Sector (Insurance) | 4 of 5 |
| Type (Add-on Acquisition) | 63 of 89 |
| State (Illinois) | 5 of 6 |
| Country (United States) | 120 of 182 |
| Year (2017) | 7 of 8 |
| Size (of disclosed) | 23 of 71 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-16 |
VCREDIT
Admiralty, China VCREDIT is a provider of consumer finance services to prime and near-prime borrowers in China. The company offers credit card balance transfer and consumption credit products. VCREDIT was founded in 2006 and is based in Admiralty, China. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-23 |
Angie s Boomchickapop
North Mankato, Minnesota, United States Angie's Boomchickapop is one of the fastest-growing healthy snack players in the United States, delivering products with clean ingredients that are also gluten-free and non-GMO. Angie's Boomchickapop is based in North Mankato, Minnesota. |
Sell | $250M |
