M&A Deal Summary |
|
---|---|
Date | 2013-08-07 |
Target | Cathedral Capital |
Sector | Insurance |
Buyer(s) | Lancashire |
Sellers(s) |
Century Equity Partners
Alchemy Partners |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 2005 |
Sector | Insurance |
Employees | 255 |
Revenue | 748M USD (2021) |
Lancashire is a global provider of specialty insurance products operating in Bermuda, London and Dubai. The company focuses on short-tail, mostly on a direct basis, specialty insurance risks under the four general categories: property, energy, marine, and aviation. Lancashire was founded in 2005 and is based in Hamilton, Bermuda.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Insurance) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
Country (United Kingdom) | 1 of 1 |
Year (2013) | 1 of 1 |
Category | Private Equity Firm |
---|---|
Founded | 1987 |
PE ASSETS | 885M USD |
Size | Middle-Market |
Type | Sector Agnostic |
Century Equity Partners is an asset management firm invests in lower middle-market companies located in the US. Century Equity Partners focuses on companies with rapidly growing, profitable businesses led by strong management teams with an enterprise value between $15 and $300 million and equity capital ranging from $5 to $30 million and in conjunction with its limited partners and select co-investors can commit up to $100 million to a single transaction. The Firm targets companies operating in the fields of financial services, insurance, and healthcare services. Types of transactions include buyouts and growth capital. It seeks minority interest and also considers co-invests. Century Equity Partners was formed in 1987 and is based in Boston, Massachusetts.
DEAL STATS | # |
---|---|
Overall | 9 of 23 |
Sector (Insurance) | 6 of 12 |
Type (Add-on Acquisition) | 4 of 14 |
Country (United Kingdom) | 1 of 2 |
Year (2013) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-12-03 |
Digital Risk
Maitland, Florida, United States Digital Risk, LLC provides mortgage data analytics and risk mitigation services to global financial institutions. The company’s unique 360° Risk Analytics product offering integrates real-time fraud detection algorithms and predictive modeling with forensic underwriting services to provide its customers with actionable output. |
Sell | $202M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-12-20 |
Catalina Holdings
Hamilton, Bermuda Catalina Holdings is a Bermuda-based holding company that is licensed as a Class IV reinsurance company. Catalina Holdings was founded in 2005 and is based in Hamilton, Bermuda. |
Sell | - |
Category | Growth Capital Firm |
---|---|
Founded | 1997 |
PE ASSETS | 4.0B GBP |
Size | Large |
Type | Sector Agnostic |
Alchemy Partners is a private equity firm that targets investments in the UK, Ireland, and German-speaking Europe. Alchemy looks to commit £25 to £150 million per transaction in areas including financial services, information technology, and telecoms. Historically, the Firm primarily targeted leveraged buyouts, buy-ins, and growth capital financings, but today Alchemy specializes in distressed and undervalued or underperforming businesses. Alchemy Partners was formed in 1997 and is based in London.
DEAL STATS | # |
---|---|
Overall | 11 of 14 |
Sector (Insurance) | 2 of 3 |
Type (Add-on Acquisition) | 7 of 10 |
Country (United Kingdom) | 8 of 10 |
Year (2013) | 2 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-03-01 |
ATH Resources
Doncaster, United Kingdom ATH Resources Plc is a operator of surface coal mines in the United Kingdom. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-11-27 |
InterGlobal Insurance
Farnham, United Kingdom InterGlobal is a niche insurer operating in the high growth international private medical insurance (IPMI) market, typically for large corporates. It was a turnaround and is now developing strongly. |
Sell | - |