Pine Brook Partners Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Pine Brook Partners has acquired 1 company.

Pine Brook Partners’ most common sectors for investment are oil/gas exploration (49%) and financial services (20%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (32%) and growth capital (29%). In total, Pine Brook Partners has invested in 10 US states and 6 different countries. Its largest (disclosed) acquisition occurred in 2015 when it acquired Fidelis Insurance Holdings for $1.5B.

In the last 3 years, Pine Brook Partners has exited 2 companies. The Firm’s most common exit type is trade sale (37%). Pine Brook Partners’ largest (disclosed) exit occurred in 2010 when it sold Common Resources for $805M.

Join Mergr to view Pine Brook Partners’ full profile and discover more mega-sized private equity firms just like it.

M&A Summary

M&A Total Activity56
- M&A Buy Activity45
- M&A Sell Activity11
Total Sectors Invested 5
Total Countries Invested 6
M&A Buy/Sell Connections 33
M&A Advisors 2

Pine Brook Partners

60 East 42nd Street, 50th Floor,
New York, New York 10165
United States
(212) 847-4333
www.pinebrookpartners.com
info@pinebrookpartners.com

Transaction Criteria	Min	Max
Target Revenue	-	-
Target EBITDA	-	-
Investment Size	100	500
Enterprise Value	-	-
values in millions of USD

Transaction Criteria

Min

Max

Target Revenue

Target EBITDA

Investment Size

100

500

Enterprise Value

values in millions of USD

Year	≤ '16	'17	'18	'19	'20	'21	T
Buy (0.8/yr)	#	41	3	1	-	-	-	45
vol	$3.4B						$3.4B
Sell (0.6/yr)	#	8	1	-	-	1	1	11
vol	$1.3B	$250M					$1.6B
	56

Year

≤ '16

'17

'18

'19

'20

'21

Buy (0.8/yr)

vol

$3.4B

Sell (0.6/yr)

vol

$1.3B

$250M

$1.6B

Company	Date	Value	Type
Talcott Resolution Life Insurance Co.	2021-01-20	-	Secondary Buyout
Windsor, Connecticut · www.talcottresolution.com
Global Atlantic Financial Group Ltd.	2020-07-08	-	Secondary Buyout
New York, New York · www.globalatlantic.com
Talcott Resolution Life Insurance Co.	2018-05-31	-	Divestiture
Windsor, Connecticut · www.talcottresolution.com
ATX Energy Partners	2017-12-15	-	Growth Capital
Austin, Texas
Narragansett Bay Insurance Co.	2017-08-08	250M USD	Add-on Acquisition
Pawtucket, Rhode Island · www.nbic.com
Triumph Capital Advisors LLC	2017-03-30	-	Divestiture
Dallas, Texas
Admiral Permian Resources LLC	2017-03-09	-	Buyout (LBO, MBO, MBI)
Midland, Texas · www.admiralpermian.com
Aurigen Capital Ltd.	2016-10-20	285M CAD	Add-on Acquisition
Hamilton, Bermuda · www.aurigenre.com
The Orogen Group	2016-05-18	-	Consolidation
New York, New York · www.orogengroup.com
Accelerate LLC	2016-05-17	-	Buyout (LBO, MBO, MBI)
Dallas, Texas · www.accelerate-resources.com
View All >>

Company

Date

Value

Type

Talcott Resolution Life Insurance Co.

2021-01-20

Secondary Buyout

Windsor, Connecticut · www.talcottresolution.com

Global Atlantic Financial Group Ltd.

2020-07-08

Secondary Buyout

New York, New York · www.globalatlantic.com

Talcott Resolution Life Insurance Co.

2018-05-31

Divestiture

Windsor, Connecticut · www.talcottresolution.com

ATX Energy Partners

2017-12-15

Growth Capital

Austin, Texas

Narragansett Bay Insurance Co.

2017-08-08

250M USD

Add-on Acquisition

Pawtucket, Rhode Island · www.nbic.com

Triumph Capital Advisors LLC

2017-03-30

Divestiture

Dallas, Texas

Admiral Permian Resources LLC

2017-03-09

Buyout (LBO, MBO, MBI)

Midland, Texas · www.admiralpermian.com

Aurigen Capital Ltd.

2016-10-20

285M CAD

Add-on Acquisition

Hamilton, Bermuda · www.aurigenre.com

The Orogen Group

2016-05-18

Consolidation

New York, New York · www.orogengroup.com

Accelerate LLC

2016-05-17

Buyout (LBO, MBO, MBI)

Dallas, Texas · www.accelerate-resources.com

View All >>

Sector	Current #	Value	All-time #	Value
Oil/Gas Exploration	15 (52%)	1.2B (43%)	22 (49%)	1.2B (39%)
Insurance	3 (10%)	1.5B (54%)	9 (20%)	1.7B (56%)
Financial Services	7 (24%)	110M (4%)	9 (20%)	130M (4%)
Energy Services and Equipment	3 (10%)	-	4 (9%)	-
Packaging	1 (3%)	-	1 (2%)	-
Total	29	$2.8B	45	$3.0B

Sector

Current #

Value

All-time #

Value

Oil/Gas Exploration

15 (52%)

1.2B (43%)

22 (49%)

1.2B (39%)

Insurance

3 (10%)

1.5B (54%)

9 (20%)

1.7B (56%)

Financial Services

7 (24%)

110M (4%)

9 (20%)

130M (4%)

Energy Services and Equipment

3 (10%)

4 (9%)

Packaging

1 (3%)

1 (2%)

Total

$2.8B

$3.0B

State/Country	Current #	Value	All-time #	Value
United States	23 (79%)	1.3B (46%)	33 (73%)	1.5B (50%)
	Texas	13 (45%)	1.2B (43%)	18 (40%)	1.2B (40%)
	New York	2 (7%)	-	3 (7%)	-
	Oklahoma	2 (7%)	-	2 (4%)	-
	Connecticut	1 (3%)	-	2 (4%)	-
	Colorado	-	-	2 (4%)	-
	California	1 (3%)	110M (4%)	1 (2%)	110M (4%)
	Louisiana	1 (3%)	-	1 (2%)	-
	Alabama	1 (3%)	-	1 (2%)	-
	Rhode Island	-	-	1 (2%)	200M (7%)
Bermuda	1 (3%)	1.5B (54%)	5 (11%)	1.5B (50%)
Canada	2 (7%)	-	4 (9%)	-
	Alberta	2 (7%)	-	4 (9%)	-
United Kingdom	1 (3%)	-	1 (2%)	-
Colombia	1 (3%)	-	1 (2%)	-
Puerto Rico	1 (3%)	-	1 (2%)	-
Domestic	23 (79%)	1.3B (46%)	33 (73%)	1.5B (50%)
Cross-border	6 (21%)	1.5B (54%)	12 (27%)	1.5B (50%)
Total	29	$2.8B	45	$3.0B

State/Country

Current #

Value

All-time #

Value

United States

23 (79%)

1.3B (46%)

33 (73%)

1.5B (50%)

Texas

13 (45%)

1.2B (43%)

18 (40%)

1.2B (40%)

New York

2 (7%)

3 (7%)

Oklahoma

2 (7%)

2 (4%)

Connecticut

1 (3%)

2 (4%)

Colorado

2 (4%)

California

1 (3%)

110M (4%)

1 (2%)

110M (4%)

Louisiana

1 (3%)

1 (2%)

Alabama

1 (3%)

1 (2%)

Rhode Island

1 (2%)

200M (7%)

Bermuda

1 (3%)

1.5B (54%)

5 (11%)

1.5B (50%)

Canada

2 (7%)

4 (9%)

Alberta

2 (7%)

4 (9%)

United Kingdom

1 (3%)

1 (2%)

Colombia

1 (3%)

1 (2%)

Puerto Rico

1 (3%)

1 (2%)

Domestic

23 (79%)

1.3B (46%)

33 (73%)

1.5B (50%)

Cross-border

6 (21%)

1.5B (54%)

12 (27%)

1.5B (50%)

Total

$2.8B

$3.0B

Type	Current #	Value	All-time #	Value
Buyout (LBO, MBO, MBI)	9 (31%)	2.8B (100%)	14 (31%)	3.0B (100%)
Growth Capital	9 (31%)	-	13 (29%)	-
Venture	4 (14%)	-	7 (16%)	-
Stake Purchase	4 (14%)	-	6 (13%)	-
Divestiture	1 (3%)	-	2 (4%)	-
Consolidation	1 (3%)	-	1 (2%)	-
Joint Venture	-	-	1 (2%)	-
Recapitalization	1 (3%)	-	1 (2%)	-
Total	29	$2.8B	45	$3.0B

Type

Current #

Value

All-time #

Value

Buyout (LBO, MBO, MBI)

9 (31%)

2.8B (100%)

14 (31%)

3.0B (100%)

Growth Capital

9 (31%)

13 (29%)

Venture

4 (14%)

7 (16%)

Stake Purchase

4 (14%)

6 (13%)

Divestiture

1 (3%)

2 (4%)

Consolidation

1 (3%)

1 (2%)

Joint Venture

1 (2%)

Recapitalization

1 (3%)

1 (2%)

Total

$2.8B

$3.0B

Type	Total #	Value
Trade Sale - Public Company	6 (55%)	1.6B (100%)
IPO	3 (27%)	-
Secondary Sale	2 (18%)	-
Total	11	$1.6B

Type

Total #

Value

Trade Sale - Public Company

6 (55%)

1.6B (100%)

IPO

3 (27%)

Secondary Sale

2 (18%)

Total

$1.6B

Legal	Deals
Skadden, Arps, Slate, Meagher & Flom LLP	2
Kirkland & Ellis LLP	1

Legal

Deals

Skadden, Arps, Slate, Meagher & Flom LLP

Kirkland & Ellis LLP

buy	#	Total
> $1B	1	$1.5B
$100M to $1B	6	$1.9B
< $100M	1	$20M
TOTAL	$3.4B
Largest	Fidelis Insurance Holdings Ltd. $1.5B (2015-06-09)

buy

Total

> $1B

$1.5B

$100M to $1B

$1.9B

< $100M

$20M

TOTAL

$3.4B

Largest

Fidelis Insurance Holdings Ltd.
$1.5B (2015-06-09)

sell	#	Total
$100M to $1B	4	$1.6B
TOTAL	$1.6B
Largest	Common Resources LLC $805M (2010-05-19)

sell

Total

$100M to $1B

$1.6B

TOTAL

$1.6B

Largest

Common Resources LLC
$805M (2010-05-19)

		Deals
Acquired from
Strategic(s)	4%	2 (4%)
Exited to
Investor(s)	27%	3 (27%)
Strategic(s)	36%	4 (36%)

Deals

Acquired from

Strategic(s)

2 (4%)

Exited to

Investor(s)

3 (27%)

Strategic(s)

4 (36%)

Pine Brook Partners Mergers and Acquisitions Summary

Private Equity Profile

M&A Summary