M&A Deal Summary

777 Partners Acquires Deed Street Capital

On January 1, 2017, private equity firm 777 Partners acquired financial services company Deed Street Capital

Acquisition Highlights
  • This is 777 Partners’ 5th transaction in the Financial Services sector.
  • This is 777 Partners’ 6th transaction in the United States.
  • This is 777 Partners’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2017-01-01
Target Deed Street Capital
Sector Financial Services
Buyer(s) 777 Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Deed Street Capital

Conshohocken, Pennsylvania, United States
Deed Street Capital specialises in secondary market for seller-financed privately-issued mortgage notes. Deed Street deploys a proprietary underwriting model to accurately evaluate and price private mortgage notes. The company employs an originate-to-own model to purchase, warehouse, and service cash flows streams for eventual sale or securitization. Deed Street Capital is based in Conshohocken, Pennsylvania.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

777 Partners is a private investment firm that will consider company investment opportunities at all stages of development. The Firm looks to partner with entrepreneurs, business owners, and management teams when pursuing transactions. Specific areas of interest include insurance, aviation, consumer finance, litigation finance, financial technology, and energy sectors. 777 Partners was formed in 2015 as a buyout of SuttonPark Capital from PennantPark, a publicly traded business development company. The Firm is based in Miami, Florida.


DEAL STATS #
Overall 6 of 46
Sector (Financial Services) 5 of 7
Type (Buyout (LBO, MBO, MBI)) 6 of 36
State (Pennsylvania) 1 of 1
Country (United States) 6 of 23
Year (2017) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Speed Leasing

Dania Beach, Florida, United States

Speed Leasing provides a pre-owned motorcycle lease product through its partnerships with over 220 independent dealerships across the United States. Speed Leasing is based in Dania Beach, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-11 GO7

London, United Kingdom

GO7 represents a new approach to travel technology, united by a core belief to give control back to airlines and other travel operators through flexible, customer-centric technology. GO7's suite of integrated solutions allows airlines to transform their commercial operations using modern, agile technology flexibly designed as a 'one-stop' or bespoke solution. GO7's foundations are proven, with over 185 airlines globally already using GO7 for ticketing and distribution, passenger servicing, loyalty, payments, interlining, baggage management and operational consulting. GO7 is based in London, United Kingdom.

Buy -