M&A Deal Summary

B-Flexion Acquires Strategic Investment Management

On December 20, 2018, growth capital firm B-Flexion acquired financial services company Strategic Investment Management from FFL Partners

Acquisition Highlights
  • This is B-Flexion’s 2nd transaction in the Financial Services sector.
  • This is B-Flexion’s 1st transaction in the United States.
  • This is B-Flexion’s 1st transaction in Virginia.

M&A Deal Summary

Date 2018-12-20
Target Strategic Investment Management
Sector Financial Services
Buyer(s) B-Flexion
Sellers(s) FFL Partners
Deal Type Secondary Buyout
Advisor(s) Morgan Stanley (Financial)

Target

Strategic Investment Management

Arlington, Virginia, United States
Strategic Investment Management is a provider of fiduciary investment outsourcing solutions through a comprehensive approach to managing customized portfolios for institutional and private investors. Strategic Investment Management was founded in 1987 and is based in Arlington, Virginia.

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Buyer(S) 1

DESCRIPTION


DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 2 of 2
Type (Secondary Buyout) 2 of 2
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-16 Securis Investment Partners

London, United Kingdom

Securis Investment Partners is an investment manager of insurance risk-related assets. Securis operates across both Life and Non-Life asset classes and has built a varied product range diversified across non-correlated insurance perils in different geographical areas. Securis Investment Partners was founded in 2005 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-19 Affidea

The Hague, Netherlands

Affidea Group is a European provider of advanced diagnostic imaging, outpatient, and cancer care services. The company operates today 320 centers across 15 countries, providing high-quality medical services to over ten million patients every year. It has a track record of successfully adding and integrating more than 90 centers in the last three years. Affidea was founded in 1991 and is based in The Hague, Netherlands.

Sell -

Seller(S) 1

SELLER

FFL Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 5.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

FFL Partners (formerly known as Friedman Fleischer & Lowe) is a private equity group focused on majority and minority investments in North American middle-market companies. Prospective businesses generally have revenues of $30 to $400 million and are valued between $50 and $300 million. Target situations include ownership restructurings in closely-held and family-owned companies, management buyouts, PIPEs, growth equity fundings, take privates, special situations, and recapitalizations. Sectors of interest include outsourced business services, education and training, marketing and media, consumer products, healthcare, and financial services. FFL Partners was formed in 1997 and is based in San Francisco.


DEAL STATS #
Overall 17 of 32
Sector (Financial Services) 4 of 6
Type (Secondary Buyout) 6 of 13
State (Virginia) 1 of 1
Country (United States) 16 of 30
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-10 Accordion Partners

New York, New York, United States

Accordion Partners is a private equity-focused financial and technology consulting firm. Working at the intersection of sponsors and management teams, Accordion partners with clients at every stage of the investment lifecycle. Accordion Partners was founded in 2009 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-15 Crisis Prevention Institute

Milwaukee, Wisconsin, United States

Crisis Prevention Institute is a training organization specializing in the safe management of disruptive and assaultive behavior. CPI's training reduces the frequency and impact of incidents resulting from aggressive behavior in the workplace, improve professionals' confidence levels, help customers comply with regulatory requirements, and create a safer environment for all involved. Crisis Prevention Institute was founded in 1980 and is based in Milwaukee, Wisconsin.

Sell $910M