M&A Deal Summary

Aquiline Capital Partners Acquires OSG Billing Services

On June 1, 2017, private equity firm Aquiline Capital Partners acquired information technology company OSG Billing Services from Monroe Capital

Acquisition Highlights
  • This is Aquiline Capital Partners’ 3rd transaction in the Information Technology sector.
  • This is Aquiline Capital Partners’ 19th transaction in the United States.
  • This is Aquiline Capital Partners’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2017-06-01
Target OSG Billing Services
Sector Information Technology
Buyer(s) Aquiline Capital Partners
Sellers(s) Monroe Capital
Deal Type Secondary Buyout
Advisor(s) Raymond James - Investment Banking (Financial)
Schnader Harrison Segal & Lewis (Legal)

Target

OSG Billing Services

Ridgefield Park, New Jersey, United States
OSG Billing Services is a global provider of customer engagement and payment solutions. The company helps clients to integrate critical customer interactions, optimizing working capital, and driving profitable business growth. These solutions connect the entire customer experience by aligning transactional, payment, and marketing touchpoints for simplified operations and smarter engagement across a diversified variety of end markets, including financial services, real estate, healthcare, and governments & municipalities. OSG Billing Services was founded in 1992 and is based in Ridgefield Park, New Jersey.

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Buyer(S) 1

Buyer

Aquiline Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 10.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

Aquiline Capital Partners is a private equity firm that targets investments in the financial services sector. The Firm specifically invests in risk-bearing and services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance and transaction processing. Aquiline Capital was formed in 2005 and is based in New York City.

DEAL STATS #
Overall 27 of 72
Sector (Information Technology) 3 of 13
Type (Secondary Buyout) 5 of 17
State (New Jersey) 1 of 1
Country (United States) 19 of 53
Year (2017) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-23 Carpe Data

Santa Barbara, California, United States

Carpe Data is a provider of next-generation predictive scoring and data products to property and casualty and life insurance companies. Leveraging the social web, online content, email intelligence, connected devices, and other forms of advanced and alternative data, Carpe Data’s products enable insurers to more accurately predict risk and innovate with new products to meet changing customer habits. Carpe Data was founded in 2016 and is based in Santa Barbara, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-02 Kryon

Tel Aviv, Israel

Kryon Systems is a process discovery innovator and robotic process automation provider that delivers innovative, intelligent Robotic Process Automation (RPA) solutions enabling digital transformation for enterprises. Using patented visual and deep learning technologies, Kryon's platform, Leo, allows companies to automate business processes quickly and easily, for immediate productivity gains, near-zero error rates, reduced costs, and significant ROI results. Kryon was founded in 2008 and is based in Tel Aviv, Israel.

Buy -

Seller(S) 1

SELLER

Monroe Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Lender
Founded 2004
PE ASSETS 14.1B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Monroe Capital is a provider of senior and junior debt and equity co-investments to middle-market companies in the US and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is a generalist investor and will consider companies in the healthcare, technology, media, retail, consumer sectors. Monroe Capital was formed in 2004 and is based in Chicago.

DEAL STATS #
Overall 20 of 53
Sector (Information Technology) 1 of 5
Type (Secondary Buyout) 4 of 13
State (New Jersey) 1 of 2
Country (United States) 20 of 53
Year (2017) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-24 Priority Ambulance

Knoxville, Tennessee, United States

Priority Ambulance provides emergent and non-emergent medical transportation services. Priority Ambulance currently operates under the Shoals Ambulance and Priority Ambulance brands. Priority Ambulance’s EMTs, paramedics, nurses, and support teams deliver exceptional patient care and customer service to nearly 500,000 patients each year. Priority Ambulance was founded in 2014 and is based in Knoxville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-08 Cyalume

West Springfield, Massachusetts, United States

Cyalume is a designer, developer, and producer of extremely reliable chemical and electronic lights for safety and security applications. Cyalume’s products provide sources of light in emergency situations and for general safety purposes. Cyalume was founded in 1997 and is based in West Springfield, Massachusetts.

Sell $45M
Mergr

Product

Company

Legal