M&A Deal Summary |
|
|---|---|
| Date | 2020-02-19 |
| Target | Fairstone Financial |
| Sector | Financial Services |
| Buyer(s) | Fairstone Bank |
| Sellers(s) |
J.C. Flowers & Co.
Värde Partners |
| Deal Type | Add-on Acquisition |
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Fairstone Bank is a bank founded on a mission to provide value-driven financial products that are clear and simple. Duo Bank specializes in turnkey and customizable financial services solutions designed to deepen customer loyalty and grow sales. The growing complement of products and services includes credit cards, rewards, and related protection services. Fairstone Bank is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Focused |
JC Flowers is a specialist private equity firm that targets investments in the financial services sector. JC Flowers looks for distressed opportunities in North America, Western Europe, and Asia. JC Flowers was formed in 1998 and is based in New York City with an additional office in London.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 22 |
| Sector: Financial Services M&A | 9 of 12 |
| Type: Add-on Acquisition M&A Deals | 3 of 7 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2020 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-07 |
Amerilife
Clearwater, Florida, United States Amerilife engages in developing, marketing and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees. Amerilife was founded in 1971 and is based in Clearwater, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-27 |
Kereis
Paris, France Kereis is a pioneer in protection insurance brokerage both in France and Europe, and specializes in credit protection. The company has invested significantly over the past years to diversify its distribution channels and develop its digital offering. Kereis was founded in 1991 and is based in Paris, France. |
Sell | - |
| Category | Asset Manager |
|---|---|
| Founded | 1993 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Värde Partners is a global alternative investment advisor and firm focused on a variety of strategies. Värde will consider a broad array of investments including corporate assets and sovereign debt, residential mortgages, real estate, specialty finance, transportation, infrastructure, and logistics. Värde Partners was formed in 2000 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 11 |
| Sector: Financial Services M&A | 3 of 6 |
| Type: Add-on Acquisition M&A Deals | 1 of 4 |
| State: Ontario M&A | 1 of 2 |
| Country: Canada M&A | 1 of 2 |
| Year: 2020 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-18 |
Deephaven Mortgage
Charlotte, North Carolina, United States Deephaven Mortgage LLC is a provider of private-capital liquidity for Non-QM residential mortgage loans. These loans are responsibly made to the millions of borrowers who are unable to obtain a traditional government-financed mortgage. Deephaven Mortgage is based in Charlotte, North Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-10 |
Canaccede Financial Group
Toronto, Ontario, Canada Canaccede Financial Group Ltd. is a full-service partner and provider of purchasing and servicing solutions for the Institutions managing receivables in Canada. Canaccede Financial works directly with institutions to provide efficient access to capital, improving operational expense structure. |
Sell | - |
