Investment Summary

Charlesbank Capital Partners Invests In Montpelier Re Holdings

On June 1, 2011, private equity firm Charlesbank Capital Partners invested in insurance company Montpelier Re Holdings

Investment Highlights
  • This is Charlesbank Capital Partners’ 2nd transaction in the Insurance sector.
  • This is Charlesbank Capital Partners’ 2nd transaction in Bermuda.
Investment Fate
  • Montpelier Re Holdings merged with another company in 2015 for 1.8B USD.

Investment Summary

Date 2011-06-01
Target Montpelier Re Holdings
Sector Insurance
Investor(s) Charlesbank Capital Partners
Deal Type PIPE

Target

Montpelier Re Holdings

Pembroke, Bermuda
Montpelier Re Holdings Ltd. is a insurance and reinsurance company that focuses on the property reinsurance market. Targeted lines of business include property catastrophe excess of loss reinsurance, property risk excess of loss reinsurance, facultative reinsurance, whole account quota share reinsurance, and property retrocession reinsurance.

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Investor(S) 1

Investor

Charlesbank Capital Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Charlesbank Capital Partners is a private equity firm focused on investing in companies at various stages of development, including private and public companies, distressed situations, as well as later stage high growth businesses. Charlesbank typically invests $50 to $150 million per deal, in companies valued between $150 million and $3 billion. Industries of interest include consumer products, distribution, energy, financial services, food, education, health-care products and services, manufacturing, media and communications, and retail. Charlesbank Capital Partners is based in Boston, Massachusetts with an additional office in New York City.


DEAL STATS #
Overall 37 of 91
Sector: Insurance M&A 2 of 3
Type: PIPE M&A Deals 2 of 2
Country: Bermuda M&A 2 of 2
Year: 2011 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-05 National Surgical Healthcare

Chicago, Illinois, United States

National Surgical Hospitals, Inc. partners with orthopedic surgeons and neurosurgeons to build specialty hospitals through development of de novo specialty hospitals, and by acquiring and converting ambulatory surgery centers into specialty hospitals.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-22 Sound United

Vista, California, United States

Sound United is a designer and marketer of premium home-theater loudspeakers and consumer-branded vehicle security and convenience systems. Sound United's broad portfolio of high-performance home audio products, including speakers, surround sound systems, soundbars, and personal audio devices, is marketed under the Polk Audio and Definitive Technology brands. Sound United is based in Vista, California.

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