Northleaf Capital Partners Mergers & Acquisitions

Northleaf Capital Partners M&A Summary

In the last 3 years, Northleaf Capital Partners has acquired 5 companies. It has also invested in 3 others.

In the last 3 years, Northleaf Capital Partners has exited 2 companies. The Firm’s most common exit type is trade sale (100%). Northleaf Capital Partners’ largest (disclosed) exit occurred in 2020 when it sold Credit Karma for $7.1B.

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M&A Summary

  • M&A Total Activity29
    • M&A Buy Activity26
    • M&A Sell Activity3
  • M&A Buy/Sell Connections24

Northleaf Capital Partners

Northleaf Capital Partners Ltd.

79 Wellington Street West, 6th Floor, Box 120,
Toronto, Ontario M5K 1N9
Canada
(866) 964-4141
www.northleafcapital.com
investors@northleafcapital.com

All (29) Buy (26) Sell (3)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2025-10-06 Sterling · Insurance
East York, Ontario · www.sterlingbrokers.com

Sterling provides a comprehensive suite of group benefits solutions to Canadian and multinational corporations through its proprietary tech platform, which integrates with HRIS and payroll systems to seamlessly connect employers and insurance carriers. Its differentiated model combines high-touch client service with tech-enabled benefits administration capabilities, simplifying plan management and expanding access to insurance products from top Canadian carriers. Sterling was formed in 2014 and is based in East York, Ontario.

- Growth Capital

HGGC PE
Advisors: Kirkland & Ellis , Santander Corporate & Investment Banking , Stikeman Elliott

Northleaf Capital Partners PE

The Carlyle Group PE

-

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