Investment Summary

ClearPoint Investment Partners and WP Global Partners Invest In Accommodations Plus International

On July 9, 2018, private equity firm ClearPoint Investment Partners and asset manager WP Global Partners invested in business services company Accommodations Plus International

Investment Highlights
  • This is ClearPoint Investment Partners’ 1st and WP Global Partners’ 1st transaction in the Business Services sector.
  • This is ClearPoint Investment Partners’ 2nd and WP Global Partners’ 8th transaction in the United States.
  • This is ClearPoint Investment Partners’ 2nd and WP Global Partners’ 1st transaction in New York.

Investment Summary

Date 2018-07-09
Target Accommodations Plus International
Sector Business Services
Investor(s) ClearPoint Investment Partners
WP Global Partners
Deal Type Growth Capital

Target

Accommodations Plus International

Melville, New York, United States
Accommodations Plus International is a provider of crew accommodations and logistics services to the airline industry and other commercial travel clients. API offers an innovative and powerful combination of crew accommodation services delivered through a state-of-the-art technology platform, unique software solutions, and a highly experienced team of service professionals. Accommodations Plus International was founded in 1984 and is based in Melville, New York.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

DESCRIPTION

ClearPoint Investment Partners is a private equity group focused on acquiring profitable, growth oriented business services and financial processing companies. The Firm will consider opportunities throughout the US and Canada. Prospective transaction situations include family-owned buyouts, corporate carve-outs, and consolidations. ClearPoint Investment Partners was established in 2014 and is headquartered in San Mateo, California.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Growth Capital M&A Deals 2 of 2
State: New York M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-11 Shore

New York City, New York, United States

Shore is a provider of data management solutions, preparing and processing unstructured data for enterprises and institutions across industries. Shore collects, cleanses, catalogs, and transforms unstructured data into actionable information and insights. Through a powerful combination of analytics, proprietary technology, and a strong team of quantitative and research experts, Shore enables businesses to effectively extract and enrich critical information and improve key decision making. Shore was founded in 2007 and is based in New York City, New York.

Buy -
Investor

WP Global Partners

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2005
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

WP Global Partners is an asset management firm that looks to offer clients exposure to private equity, venture capital, and private debt investments through research based investment programs. Within private equity, WP looks to invest $5 to $25 million in recurring revenue oriented businesses valued up to $500 million. WP Global Partners was formed in 2005 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 8 of 17
Sector: Business Services M&A 1 of 3
Type: Growth Capital M&A Deals 4 of 11
State: New York M&A 1 of 1
Country: United States M&A 8 of 17
Year: 2018 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-01 r4 Technologies

Ridgefield, Connecticut, United States

r4 Technologies is an artificial intelligence platform that identifies the patterns of its enterprise customers data, provides insights into such patterns, and implements changes directly to customers business systems based on these insights to improve operations. r4 Technologies was founded in 2013 and is based in Ridgefield, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-22 Ginger

San Francisco, California, United States

Ginger offers one-on-one mental health coaching, therapy, psychiatry, self-guided care, and a robust EAP all on one easy-to-use platform. Ginger is reinventing mental healthcare by coupling data science and virtual delivery to provide immediate, personal support for anyone. Care from our on-demand mental health system is delivered through the ginger app, available on iOS and Android, where members can conveniently connect with Ginger’s team of behavioral health coaches 24/7, 365 days a year. Ginger was founded in 2011 and is based in San Francisco, California.

Buy -