M&A Deal Summary

Madison Dearborn Partners Acquires NFP

On April 15, 2013, private equity firm Madison Dearborn Partners acquired insurance company NFP for 1.3B USD

Acquisition Highlights
  • This is Madison Dearborn Partners’ 1st transaction in the Insurance sector.
  • This is Madison Dearborn Partners’ 9th largest (disclosed) transaction.
  • This is Madison Dearborn Partners’ 50th transaction in the United States.
  • This is Madison Dearborn Partners’ 7th transaction in New York.

M&A Deal Summary

Date 2013-04-15
Target NFP
Sector Insurance
Buyer(s) Madison Dearborn Partners
Deal Type Going Private
Deal Value 1.3B USD
Advisor(s) Bank of America Merrill Lynch (BofA Securities) (Financial)
Skadden, Arps, Slate, Meagher & Flom LLP (Legal)

Target

NFP

New York, New York, United States
website
National Financial Partners Corp. (NFP) is a provider of benefits solutions for companies of all sizes and in the delivery of life insurance and wealth management solutions for high net worth individuals. NFP's independent broker/dealers offers a wide range of choices from some of the nation’s top investment companies.

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Buyer(S) 1

Buyer

Madison Dearborn Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1992
PE ASSETS 23.0B USD
SizeMega
Type Sector Agnostic
DESCRIPTION

Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.


DEAL STATS #
Overall 56 of 90
Sector (Insurance) 1 of 6
Type (Going Private) 5 of 8
State (New York) 7 of 10
Country (United States) 50 of 76
Year (2013) 2 of 4
Size (of disclosed) 9 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-07 EVO

Atlanta, Georgia, United States

EVO is a payment technology and services provider that offers an array of innovative, reliable, and secure payment solutions to merchants across the globe EVO was founded in 1989 and is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-02 Boise Cascade

Boise, Idaho, United States

Boise Cascade is a provider of wood-based building product manufacturing business and also distributor of building materials. Boise Cascade was incorporated in 2004 and is based in Boise, Idaho.

Sell -