Explore All 1208 Divestiture Business Services Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | February 21, 2014 |
| Target | Keane |
| Sector | Business Services |
| Buyer(s) | Lovell Minnick Partners |
| Sellers(s) | Venio |
| Deal Type | Divestiture |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Lovell Minnick Partners is a private equity firm that targets investments in financial services companies located in North America and Europe. Specific areas of interest include asset management, financial planning, financial product distribution, outsource providers, specialty finance, and related administration and business services companies. The Firm looks to commit $40 to $150 million of equity capital per investment. Prospective transaction situations include divestitures, management buyouts, growth capital financings, and recapitalizations. Lovell Minnick was formed in 1999 and is headquartered in Radnor, Pennsylvania.
| Deal Context for Buyer | # |
|---|---|
| Overall | 25 of 58 |
| Sector: Business Services | 2 of 9 |
| Type: Divestiture | 2 of 4 |
| State: New York | 3 of 7 |
| Country: United States | 25 of 52 |
| Year: 2014 | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-06-12 |
First Allied Securities
San Diego, California, United States First Allied is a full-service, independent broker/dealer with approximately 1,000 financial advisors in 500 branches located throughout the United States. First Allied consists of several operating subsidiaries, including an independent broker/dealer, registered investment advisor, wealth management platform, insurance services firm and pension services business. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-10 |
361 Capital
Denver, Colorado, United States 361 Capital manages and distributes retail liquid alternative products, including mutual funds, separately managed accounts, and hedge fund vehicles. The Company offers innovative investment strategies with superior risk-adjusted returns and investment performance that is uncorrelated with traditional asset management products. 361 Capital was formed in 2001 and is based in Denver, Colorado. |
Buy | - |
Venio locates owners of unclaimed assets or abandoned property for banks, brokerage firms, mutual funds, insurance companies and publicly held companies. Venio search and location, reporting and risk management services ensure compliance with SEC and state regulations, reduce expenses and improve customer and asset retention.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: New York | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2014 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-20 |
Keane
New York, New York, United States Keane is a provider of unclaimed property compliance solutions. From annual escheat compliance reporting, customized communication programs and in-depth consulting services, Keane provides corporations, mutual funds, banks, brokerage, insurance companies and transfer agents with a depth and breadth of services that is unmatched. Keane was formed in 2010 and is based in New York City. |
Buy | - |
