M&A Deal Summary

Lee Equity Partners Acquires Simplicity Group Holdings

On October 16, 2020, private equity firm Lee Equity Partners acquired business services company Simplicity Group Holdings from Aquiline Capital Partners

Acquisition Highlights
  • This is Lee Equity Partners’ 2nd transaction in the Business Services sector.
  • This is Lee Equity Partners’ 24th transaction in the United States.
  • This is Lee Equity Partners’ 2nd transaction in New Jersey.

M&A Deal Summary

Date 2020-10-16
Target Simplicity Group Holdings
Sector Business Services
Buyer(s) Lee Equity Partners
Sellers(s) Aquiline Capital Partners
Deal Type Secondary Buyout
Advisor(s) Waller Helms Advisors LLC (Financial)
Willkie Farr & Gallagher LLP (Legal)

Target

Simplicity Group Holdings

Summit, New Jersey, United States
website
Simplicity Group Holdings is a financial product distribution firm that specializes in providing best-in-class insurance, investment, and business development solutions. Simplicity supports its partners in fulfilling their commitments to their clients and achieving their business objectives through Premier insurance and wealth management solutions, Innovative sales and marketing strategies, Professional execution, and support, Forward-thinking training and education.

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Buyer(S) 1

Buyer

Lee Equity Partners

New York, New York, United States

website


Category Private Equity Firm
Founded 2006
Size Large
Type Sector Agnostic
DESCRIPTION

Lee Equity Partners is a private investment firm that looks for buyout and growth capital investments across a range of industries. Lee Equity Partners seeks investments requiring $50 to $100 million of equity capital. Lee Equity Partners was formed in 2006 by Thomas H. Lee, formerly of Thomas H. Lee Partners, LP.


DEAL STATS #
Overall 25 of 31
Sector (Business Services) 2 of 3
Type (Secondary Buyout) 9 of 11
State (New Jersey) 2 of 2
Country (United States) 24 of 29
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-16 Solaris Health

Fort Lauderdale, Florida, United States

Solaris Health is a management services organization that has been established to support growth in IMP and TUG, two industry-leading practices with strong patient satisfaction scores, and to pursue additional partnerships. The partnership aligns the skills and talents of over 150 providers who have upwards of 525,000 patient encounters a year at more than 60 sites in New York, Ohio, Kentucky, and Indiana. The vision for Solaris Health is to build a national platform that attracts leading independent urological partners who are committed to providing quality and value in healthcare. Solaris Health was formed in 2020 and is based in Fort Lauderdale, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Pure Financial Advisors

San Diego, California, United States

Pure Financial Advisors is a registered investment advisor offering independent, fee-only financial planning, education, and investment advice to clients nationwide. Pure Financial Advisors was founded in 2007 and is based in San Diego, California.

Buy -

Seller(S) 1

SELLER

Aquiline Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2005
PE ASSETS 2.1B USD
Size Large
Type Sector Focused
DESCRIPTION

Aquiline Capital Partners is a private equity firm that targets investments in the financial services sector. The Firm specifically invests in risk-bearing and services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance and transaction processing. Aquiline Capital was formed in 2005 and is based in New York City.


DEAL STATS #
Overall 13 of 21
Sector (Business Services) 3 of 4
Type (Secondary Buyout) 3 of 7
State (New Jersey) 1 of 1
Country (United States) 8 of 14
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-20 Quintes Holding

Culemborg, Netherlands

Quintes Holding is an insurance broker operating nationwide in the Netherlands working with subsidiaries Quintes, Commandeur, Kroezen, Deugd & Terpstra, Timmermans Koch en Brink, Beijer, Plus Diensten and Wiersma & Walvius.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-16 In-Shape

Stockton, California, United States

In-Shape owns and operates health club companies with a vision for helping people stay healthy and have fun. In-Shape was founded in 1981 and is based in Stockton, California.

Buy -