M&A Deal Summary |
|
|---|---|
| Date | 2020-07-30 |
| Target | Multi Service Technology Solutions |
| Sector | Information Technology |
| Buyer(s) | Corsair Capital |
| Sellers(s) | World Kinect |
| Deal Type | Divestiture |
| Deal Value | 350M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| Size | Large |
| 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 | 23 of 26 |
| Sector (Information Technology) | 1 of 2 |
| Type (Divestiture) | 1 of 1 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 9 of 12 |
| Year (2020) | 1 of 2 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-29 |
Personal Capital
Redwood City, California, United States Personal Capital Corp. is a provider of financial advisory services. Personal Capital is based in Redwood City, California. |
Sell | $1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-16 |
IDIQ
Temecula, California, United States IDIQ provides credit reporting, identity theft, and dark web monitoring, identity restoration, and related family protection services in the rapidly evolving $20 billion consumer identity monitoring market. IDIQ was founded in 2009 and is based in Temecula, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Energy Services and Equipment |
| Employees | 5,289 |
| Revenue | 47.7B USD (2023) |
World Kinect is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. The Company also supplies natural gas and power in the United States and Europe along with a growing suite of other sustainability-related products and services. World Kinect was founded in 1984 and is based in Miami, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Information Technology) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-22 |
Universal Weather and Aviation - UVair® Fuel Business
Houston, Texas, United States Universal Weather and Aviation, Inc. - UVair® Fuel Business provides fuel supply to its customers. |
Buy | $170M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-28 |
Flyers Energy
Auburn, California, United States Flyers Energy franchises the Flyers fuel brand and distributes wholesale and branded retail fuel, commercial lubricants, renewable fuels and solar power in the United States. Flyers Energy is the largest member of the Commercial Fueling Network, and is also the marketer for more than 100 Chevron, Shell, Valero, and 76 branded stations. Flyers Energy offers commercial fueling at 230,000 retail gas stations nationwide with the Flyers Fleet Card. Flyers Energy is based in Auburn, California. |
Buy | $775M |
