M&A Deal Summary |
|
|---|---|
| Date | 2015-02-18 |
| Target | Brit Insurance |
| Sector | Insurance |
| Buyer(s) | Fairfax |
| Sellers(s) |
CVC Capital Partners
Apollo Global Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.2B GBP |
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Fairfax is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Fairfax’s corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax was founded in 1951 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 12 |
| Sector (Insurance) | 5 of 7 |
| Type (Add-on Acquisition) | 4 of 8 |
| Country (United Kingdom) | 1 of 1 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-29 |
Pethealth
Oakville, Ontario, Canada Pethealth is a provider of medical insurance for dogs and cats to pet owners, operating in the United States, Canada, and the United Kingdom. In addition, the Company is a provider of management software to North American animal welfare organizations through its SaaS-based application and is the leading provider of pet-related database management services to the North American companion animal industry. Pethealth is based in Oakville, Ontario. |
Buy | $100M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-23 |
Ridley
Mankato, Minnesota, United States Ridley, Inc. is an animal nutrition companies in North America, serving customers mainly in the United States and Canada. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 177.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 114 of 173 |
| Sector (Insurance) | 1 of 4 |
| Type (Add-on Acquisition) | 40 of 63 |
| Country (United Kingdom) | 25 of 33 |
| Year (2015) | 3 of 9 |
| Size (of disclosed) | 15 of 54 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-13 |
Paroc Group Oy AB
Helsinki, Finland Paroc Group Oy AB is a mineral wool insulation manufacturers in Europe. The company develops, manufactures and distributes stone wool products for use by the building industry and other industrial applications. |
Buy | $700M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-12 |
HKBN
Hong Kong, China HKBN is an integrated telecommunications services company, provides broadband, local telephony, IDD, and IP-TV services to business and residential markets in Hong Kong. It offers broadband, telephony, entertainment, integrated Web, facility management, 2b app, multi-protocol label switching, Internet access, and fibre-to-the-office technology services. HKBN was founded in 1992 and is headquartered in Hong Kong, China. |
Sell | - |
| Category | Asset Manager |
|---|---|
| Founded | 1990 |
| PE ASSETS | 45.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apollo Global Management is a global alternative investment firm. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Apollo's geographic coverage spans Europe, North America, and Asia. Apollo manages publicly traded Apollo Investment Corporation, which provides equity and junior capital to middle-market companies, as well as Apollo Commercial Real Estate Finance, Inc. Apollo Global Management was formed in 1990 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 67 |
| Sector (Insurance) | 1 of 2 |
| Type (Add-on Acquisition) | 3 of 21 |
| Country (United Kingdom) | 3 of 5 |
| Year (2015) | 1 of 3 |
| Size (of disclosed) | 8 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-02 |
Presidio
New York, New York, United States Presidio is a technology services and solutions provider that builds traditional IT foundations and offers deep expertise in automation, security, networking, digital transformation, and cloud computing, It develops custom applications, provides managed services, enables actionable data insights, and builds forward-thinking solutions that drive extraordinary outcomes for customers globally. Presidio was founded in 2003 and is based in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-12 |
Great Wolf Resorts
Chicago, Illinois, United States Great Wolf Resorts provides safe and immersive entertainment experiences for families in all seasons and all weather conditions across 18 resorts, or “lodges”, in the United States and Canada. Every Great Wolf lodge contains a full-service hotel, expansive indoor waterpark, recreational activities including game rooms, ropes courses, and family bowling alleys, various food & beverage offerings, and themed experiences with proprietary characters unique to Great Wolf. Great Wolf Resorts was founded in 1992 and is based in Chicago, Illinois. |
Sell | - |
