Investment Summary

Flexpoint Ford and GCP Capital Partners Invest In TransNetwork

On January 1, 2021, private equity firm Flexpoint Ford and merchant bank GCP Capital Partners invested in financial services company TransNetwork

Investment Highlights
  • This is Flexpoint Ford’s 12th and GCP Capital Partners’ 11th transaction in the Financial Services sector.
  • This is Flexpoint Ford’s 39th and GCP Capital Partners’ 39th transaction in the United States.
  • This is Flexpoint Ford’s 3rd and GCP Capital Partners’ 9th transaction in Texas.

Investment Summary

Date 2021-01-01
Target TransNetwork
Sector Financial Services
Investor(s) Flexpoint Ford
GCP Capital Partners
Deal Type Stake Purchase

Target

TransNetwork

Houston, Texas, United States
Transnetwork is a B2B electronic domestic and cross-border processing and payment platform which enables licensed and regulated financial institutions to connect under one standard technology granting access to a diversified payment network in Mexico, Central and South America. TransNetwork was founded in 2002 and is based in Houston, Texas.

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Investor(S) 2

Investor

Flexpoint Ford

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 7.8B USD
Size Mega
Type Sector Focused
DESCRIPTION

Flexpoint Ford is a private equity firm focused on investments in healthcare and financial services companies. Flexpoint prefers control based investments and looks to commit $50 to $500 million per transaction. The Firm is flexible when it comes to investment structure and asset class. Flexpoint Ford was formed in 2005 and is based in Chicago, Illinois.


DEAL STATS #
Overall 41 of 56
Sector: Financial Services M&A 12 of 16
Type: Stake Purchase M&A Deals 3 of 3
State: Texas M&A 3 of 3
Country: United States M&A 39 of 50
Year: 2021 M&A 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-26 Innovative Aftermarket Systems

Austin, Texas, United States

Innovative Aftermarket Systems LP is a provider of automotive warranties, vehicle services contracts (VSC), training, and related software and services sold across a broad and diverse distribution network. IAS was formed in 1984 and is headquartered in Austin, Texas IAS with offices in Oklahoma City, OK, and Dublin, OH.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-27 AFH Financial Group

Bromsgrove, United Kingdom

AFH Financial Group is a financial advisory and wealth management company that offers wealth management and financial planning services. AFH Financial Group was founded in 1990 and is based in Bromsgrove, the United Kingdom.

Buy -
Investor

GCP Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Merchant Bank
Founded 2000
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

GCP Capital Partners consists of GCP US, GCP Europe, and GCP Venture. GCP US targets North American acquisitions. The unit looks to invest $10 to $50 million in businesses valued up to $500 million. GCP Europe targets businesses in the UK and Europe. The European team looks to invest up to £40 million in companies valued up to £100 million. Sectors of interest include business services, education, energy, financial services, insurance and telecommunications.


DEAL STATS #
Overall 41 of 45
Sector: Financial Services M&A 11 of 11
Type: Stake Purchase M&A Deals 3 of 3
State: Texas M&A 9 of 10
Country: United States M&A 39 of 43
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-18 Radius Bancorp

Boston, Massachusetts, United States

Radius Bank is a community bank offering a full complement of convenient, leading-edge personal and business products and services. The Bank serves consumers, small and middle-market businesses, unions, government entities, and non-profit organizations as its core clients. Radius Bancorp is based in Boston, Massachusetts.

Sell $185M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-14 Alkeme

Ladera Ranch, California, United States

Alkeme is a retail insurance brokerage platform providing insurance services to a large variety of commercial accounts primarily in California and surrounding states. Alkeme specializes in placing property & casualty, benefits, and a variety of specialty lines. Alkeme is based in Ladera Ranch, California.

Buy -