M&A Deal Summary |
|
|---|---|
| Date | 2009-07-05 |
| Target | Paris Re Holdings |
| Sector | Insurance |
| Buyer(s) | PartnerRe |
| Sellers(s) |
GCP Capital Partners
Stone Point Capital Vestar Capital Partners Crestview Partners Hellman & Friedman Ridgemont Equity Partners New Mountain Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.0B USD |
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PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance property & casualty, catastrophe, specialty lines, life, and alternative risk transfer through our offices around the world.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 5 |
| Sector (Insurance) | 2 of 4 |
| Type (Add-on Acquisition) | 1 of 3 |
| Country (Switzerland) | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-05-23 |
Mutuelle Centrale de Reassurance - Renewal Rights
France Mutuelle Centrale de Reassurance - Renewal Rights is a provider of insurance services in France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-19 |
Presidio Reinsurance Group
San Francisco, California, United States Presidio Reinsurance Group, a U.S. specialty accident and health reinsurance and insurance writer. |
Buy | $72M |
| Category | Merchant Bank |
|---|---|
| Founded | 2000 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
GCP Capital Partners consists of GCP US, GCP Europe, and GCP Venture. GCP US targets North American acquisitions. The unit looks to invest $5 to $40 million in businesses valued up to $500 million. GCP Europe targets businesses in the UK and Europe. The European team looks to invest up to £40 million in companies valued up to £100 million. Sectors of interest include business services, education, energy, financial services, insurance and telecommunications.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 22 |
| Sector (Insurance) | 3 of 4 |
| Type (Add-on Acquisition) | 5 of 10 |
| Country (Switzerland) | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-01 |
Pacific Coast Energy Company
Los Angeles, California, United States Pacific Coast Energy Company is an independent company engaged in the development and production of long-lived onshore crude oil reserves located in Los Angeles, Orange and Santa Barbara counties in Southern California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-06-29 |
Acrisure
Grand Rapids, Michigan, United States Acrisure is a retail insurance brokerage offering comprehensive risk management and consulting solutions, including property & casualty, employee benefits, human resource outsourcing, loss & claims management, surety bonding and personal lines coverage. Acrisure was founded in 2005 and is based in Grand Rapids, Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 25.0B USD |
| Size | Mega |
| Type | Sector Focused |
Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $5 and $500 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 48 |
| Sector (Insurance) | 6 of 15 |
| Type (Add-on Acquisition) | 3 of 26 |
| Country (Switzerland) | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 3 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
PartnerRe
Pembroke, Bermuda PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance property & casualty, catastrophe, specialty lines, life, and alternative risk transfer through our offices around the world. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-01 |
Higginbotham
Fort Worth, Texas, United States Higginbotham is an insurance, risk management, and financial services firm that provides its clients with access to commercial and personal property & casualty coverage, employee benefits, retirement plans, life insurance, and executive compensation solutions through more than 250 regional and national insurance carriers. Higginbotham was founded in 1948 and is based in Fort Worth, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Vestar Capital Partners is a private equity firm that targets management buyouts and growth capital investments across North America and Europe in the consumer, business services, and healthcare sectors. The Firm looks to invest $50 to $150 million in transactions valued up to $1 billion. Specific areas of interest include food, apparel, household goods, retail, consumer services, industrial services, information services, manufacturing, distribution, transportation, financial services, media/communications, digital health media, and medical technology. Vestar Capital Partners was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 64 |
| Sector (Insurance) | 3 of 5 |
| Type (Add-on Acquisition) | 14 of 27 |
| Country (Switzerland) | 2 of 2 |
| Year (2009) | 1 of 2 |
| Size (of disclosed) | 4 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
PartnerRe
Pembroke, Bermuda PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance property & casualty, catastrophe, specialty lines, life, and alternative risk transfer through our offices around the world. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-01 |
Birds Eye Foods
Rochester, New York, United States Birds Eye Foods, Inc. is a food marketing company. Its familiar brands in the frozen aisle include Birds Eye, Birds Eye Voila!, C&W, Freshlike and McKenzie's. |
Sell | $1.3B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 9.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Crestview Partners is a private equity firm focused on challenging investment situations. Crestview targets opportunities across a broad range of industries, with a special interest in asset management, media, healthcare and financial service companies. The Firm looks to commit $100 to $250 million of equity capital in transactions valued between $500 million and $3 billion. Crestview Partners was formed in 2004 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 26 |
| Sector (Insurance) | 1 of 3 |
| Type (Add-on Acquisition) | 1 of 11 |
| Country (Switzerland) | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 3 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
PartnerRe
Pembroke, Bermuda PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance property & casualty, catastrophe, specialty lines, life, and alternative risk transfer through our offices around the world. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-17 |
Capital Bank Financial
Charlotte, North Carolina, United States Capital Bank Financial Corp. is a provider of various commercial and consumer banking, and ancillary financial services. |
Buy | $900M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 50.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Hellman & Friedman (H&F) is a large private equity firm on the West Coast of the US. H&F focuses on control and minority investments in a variety of transaction structures and will consider opportunities across the US and Europe. H&F seeks buyouts and business in need of restructurings that operate in defensible markets with predictable revenue and earnings growth. Target sectors include financial services, healthcare, indusrial, energy, insurance, media, marketing, professional services, software, and information services. H&F's target equity investment size is $300 million to $1 billion. Hellman & Friedman was formed in 1984 and has offices in San Francisco, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 59 |
| Sector (Insurance) | 2 of 4 |
| Type (Add-on Acquisition) | 4 of 13 |
| Country (Switzerland) | 1 of 1 |
| Year (2009) | 1 of 2 |
| Size (of disclosed) | 12 of 19 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
PartnerRe
Pembroke, Bermuda PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance property & casualty, catastrophe, specialty lines, life, and alternative risk transfer through our offices around the world. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-08-12 |
Emdeon Business Services
Nashville, Tennessee, United States Emdeon Business Services is a provider of revenue cycle management and clinical communication solutions that enables payers, providers and patients to improve healthcare business processes. Emdeon Business Services is based in Nashville, Tennessee. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ridgemont Equity Partners is an independent private equity firm specializing in middle-market buy-outs, corporate divestitures, recapitalizations and growth capital investments. The Firm targets to invest in companies located in North America, preferably in US and Canada. REP looks to invest up to $250 million in companies with EBIDTA of $5 - $50 million. The Firm seeks to hold both majority and minority equity interest in portfolio companies. Specific areas of interest include basin industries and services, energy, healthcare, telecommunications, media and technology. Ridgemont Equity Partners is a spun-off of Banc of America Capital Investors (BACI). Ridgemont Equity Partners was formed in August 2010 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 40 of 90 |
| Sector (Insurance) | 4 of 7 |
| Type (Add-on Acquisition) | 19 of 35 |
| Country (Switzerland) | 1 of 1 |
| Year (2009) | 2 of 3 |
| Size (of disclosed) | 6 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
PartnerRe
Pembroke, Bermuda PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance property & casualty, catastrophe, specialty lines, life, and alternative risk transfer through our offices around the world. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-03 |
NuVox Communications
Greenville, South Carolina, United States NuVox Communications, Inc. is an integrated communications provider. NuVox is a competitive local exchange carrier (CLEC) offering comprehensive voice and data communications products and services to customers. NuVox delivers services via its industry MPLS-based wide area private IP network. |
Sell | $643M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 35.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 45 |
| Sector (Insurance) | 2 of 3 |
| Type (Add-on Acquisition) | 3 of 22 |
| Country (Switzerland) | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 7 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
PartnerRe
Pembroke, Bermuda PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance property & casualty, catastrophe, specialty lines, life, and alternative risk transfer through our offices around the world. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-02-22 |
RedPrairie
Alpharetta, Georgia, United States RedPrairie Corp. is a developer and marketer of software for managing warehousing and transportation logistics. |
Buy | - |
