Investment Summary |
|
|---|---|
| Date | 2018-05-31 |
| Target | Jackson Hewitt Tax Service |
| Sector | Business Services |
| Investor(s) | Corsair Capital |
| Sellers(s) | Bayside Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 9.9B USD |
| Size | Mega |
| Type | Sector Focused |
Corsair Capital is a private investment firm focused on investments in the financial services industry. Specific areas of interest include banks, insurance companies, credit card specialists, asset managers, private banks, mortgage lenders, financial technology firms, and finance companies. The Firm looks to invest between $50 to $100 million in companies with proven business models and 'meaningful' barriers to entry. Corsair will consider opportunities around the world, including the US, Europe, Latin America, and Asia. Prospective transactions include recapitalizations, growth capital financings, management buyouts, and special/distressed situations. Corsair Capital was originally established in 1992 and is based in New York City. Corsair has an additional office in London.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 29 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 5 of 8 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 8 of 13 |
| Year: 2018 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-09 |
RGI Group
Milan, Italy RGI Group is an Independent Software Vendor, a European leader in the digital transformation of Insurers. RGI Group has been committed for more than 30 years to the Insurance industry. RGI Group was founded in 1987 and is based in Milan, Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-28 |
ZEDRA
Geneva, Switzerland ZEDRA is an independent, global specialist in trust, corporate and fund services. ZEDRA was founded in 2016 and is based in Geneva, Switzerland. |
Buy | - |
| Category | Lender |
|---|---|
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Bayside Capital is the credit affiliate of mega-sized private equity firm, HIG Capital. The Firm is split into three groups, Bayside Credit Partners, Bayside Fixed Income, and Bayside Special Situations. Within its operating segments, the Firm provides a variety of equity and debt financing solutions to a variety of private and public companies. Bayside typically targets businesses with revenues in excess of $50 million and will invest $10 to $100 million per transaction. Bayside will invest in companies across a broad spectrum of industries, including business services, manufacturing, healthcare, retail, food/agriculture, and specialty finance. The Firm will not invest in start-up enterprises, real estate ventures, or project finance. Although Bayside seeks to purchase a controlling interest in its portfolio companies, the firm will consider promising minority investments. Bayside prefers companies with substantial operations in the United States and Canada, but will consider opportunities in Europe. Bayside Capital has offices in Miami, Atlanta, Boston, and San Francisco.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 2 of 2 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-01 |
TriMark
Mansfield, Massachusetts, United States TriMark is a full service distributor of food service equipment and supplies and a provider of design and engineering services to over 10,000 customers nationwide, including restaurant, healthcare, entertainment, and other food service venues and facilities. TriMark was founded in 1998 and is based in Mansfield, Massachusetts. |
Buy | - |