M&A Deal Summary |
|
---|---|
Date | 2022-06-27 |
Target | Clear Group |
Sector | Insurance |
Buyer(s) | Goldman Sachs Merchant Banking |
Sellers(s) | ECI Partners |
Deal Type | Secondary Buyout |
Advisor(s) | Macquarie Capital (Financial) Squire Patton Boggs (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Private Equity Firm |
---|---|
Founded | 1986 |
PE ASSETS | 155.0B USD |
Size | Mega |
Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
DEAL STATS | # |
---|---|
Overall | 177 of 180 |
Sector (Insurance) | 6 of 6 |
Type (Secondary Buyout) | 63 of 65 |
Country (United Kingdom) | 10 of 10 |
Year (2022) | 3 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-06-16 |
Lucid Energy Group
Dallas, Texas, United States Lucid Energy Group is a provider of midstream services to producers in high-growth production areas pursuing organic development projects and strategic acquisitions in other producing basins. Lucid Energy Group is based in Dallas, Texas. |
Sell | $3.6B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-08-09 |
Blue Nile
Seattle, Washington, United States Blue Nile is an online retailer of diamonds and fine jewelry. Blue Nile offers a customer experience that includes education, guidance, selection, customization capability, convenience and value. Blue Nile, Inc. was formed in 1999 and is headquartered in Seattle, Washington. |
Sell | $360M |
Category | Private Equity Firm |
---|---|
Founded | 1976 |
PE ASSETS | 2.0B GBP |
Size | Large |
Type | Sector Agnostic |
ECI Partners is a private equity firm focused on the smaller middle-market company that invests in growing businesses valued up to £300m. ECI looks for UK businesses or businesses with a substantial presence in the UK. Funds are generally used to support expansion, acquisitions, management buyouts, buy-ins, turnarounds, and refinancing. Target sectors include IT services, support services, Insurance, and SME services. ECI will not invest in early-stage companies. ECI Partners was formed in 1976 and has offices in London, Manchester, and New York.
DEAL STATS | # |
---|---|
Overall | 72 of 76 |
Sector (Insurance) | 1 of 1 |
Type (Secondary Buyout) | 24 of 26 |
Country (United Kingdom) | 67 of 71 |
Year (2022) | 4 of 6 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-06-20 |
BCN Group
Manchester, United Kingdom BCN Group is a provider of on-premise, hybrid, and cloud hosting solutions, cloud migration services, application support, voice solutions, data management, hardware sales, and maintenance services to hundreds of customers across the country. BCN Group was formed in 2009 and is based in Manchester, United Kingdom. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-07-20 |
Bionic
London, United Kingdom Bionic provides SMEs with price comparison and switching services for a range of areas, including electricity, gas, insurance, and telecoms. Bionic was founded in 2007 and is based in London, United Kingdom. |
Sell | - |