M&A Deal Summary

777 Partners Acquires Insurety Capital

On January 1, 2018, private equity firm 777 Partners acquired insurance company Insurety Capital

Acquisition Highlights
  • This is 777 Partners’ 1st transaction in the Insurance sector.
  • This is 777 Partners’ 9th transaction in the United States.
  • This is 777 Partners’ 6th transaction in Florida.

M&A Deal Summary

Date 2018-01-01
Target Insurety Capital
Sector Insurance
Buyer(s) 777 Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Insurety Capital

Miami, Florida, United States
Insurety Capital is a provider of short-term advances to Independent Marketing Organizations (“IMO”) and insurance agents against their earned sales commissions. Insurety Capital was founded in 2017 and is founded in Miami, Florida.

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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 12 of 46
Sector (Insurance) 1 of 8
Type (Buyout (LBO, MBO, MBI)) 9 of 36
State (Florida) 6 of 11
Country (United States) 9 of 23
Year (2018) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Sevilla F.C

Sevilla, Spain

Sevilla F.C is a professional football club. Sevilla F.C was founded in 1890 and is based in Sevilla, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 DAMsmart

Mitchell, Australia

DAMsmart provides a specialized audiovisual digitization service dedicated to assisting any organisation with the desire to access and preserve content kept on ageing motion picture film, videotape or audiotape. DAMsmart was founded in 2008 and is based in Mitchell, Australia.

Buy -