M&A Deal Summary |
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Date | 2018-10-29 |
Target | Ed Broking Group |
Sector | Insurance |
Buyer(s) | BGC |
Sellers(s) | Lightyear Capital |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 1945 |
Sector | Financial Services |
Employees | 3,856 |
Revenue | 2.0B USD (2023) |
BGC is a global brokerage company primarily servicing the wholesale financial and real estate markets. Products include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. BGC also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and non-financial institutions. BGC was incorporated in 1945 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 17 of 21 |
Sector (Insurance) | 2 of 3 |
Type (Add-on Acquisition) | 16 of 20 |
Country (United Kingdom) | 7 of 8 |
Year (2018) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-07-18 |
Berkeley Point Financial
Bethesda, Maryland, United States Berkeley Point Financial LLC is a commercial real estate finance company focused on the origination and sale of multifamily and other commercial real estate loans through government-sponsored and government-funded loan programs, as well as the servicing of commercial real estate loans, including those it originates. |
Buy | $875M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-11-16 |
Poten & Partners Group
New York, New York, United States Poten & Partners Group, Inc. is a global brokerage, energy consulting and business intelligence company with operations in New York, London, Singapore, Houston, Athens, Guangzhou, and Perth. Poten provides brokerage and research support for the transportation of crude oil, rened products, liquefied natural gas (LNG) and liquid petroleum gas (LPG). Through its team of LNG and natural gas professionals, it is uniquely positioned to offer a full range of services across the oil and gas supply chains, including commercial advice, project development, nancial guidance, technical due diligence, supply procurement, market insight, tender support, and vessel chartering. As the world's oldest and largest dedicated LNG consulting practice, Poten's global reach and expertise are unmatched in the marketplace. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 2000 |
PE ASSETS | 4.1B USD |
Size | Large |
Type | Sector Focused |
Lightyear Capital is a specialist private equity firm that pursues brand-name businesses in the financial services sector. Lightyear looks for companies with stable, recurring revenues that operate in growing markets. Transaction strategies include leveraged buyouts, recapitalizations, restructurings and consolidations. Lightyear Capital was formed in 2000 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 23 of 30 |
Sector (Insurance) | 5 of 6 |
Type (Add-on Acquisition) | 10 of 12 |
Country (United Kingdom) | 1 of 2 |
Year (2018) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-09-26 |
ampliFI Loyalty Solutions
Naperville, Illinois, United States ampliFI Loyalty Solutions is a provider of fully outsourced, customized credit and debit card loyalty programs exclusively focused on banks and credit unions nationwide. The company has delivered compelling rewards programs, unique earn and burn opportunities and card-linked programs to leverage merchant funded offers. ampliFI is based in Naperville, Illinois. |
Buy | $140M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-02-01 |
Ed Broking
London, United Kingdom Ed Broking is an independent, global wholesale insurance and reinsurance broker with offices in the world’s key insurance hubs. It matches risks brought to us by expert retail brokers and those seeking reinsurance coverage with underwriters in these major markets. Ed Broking was founded in and is based in London, England. |
Sell | - |