M&A Deal Summary

GCP Capital Partners Acquires Verita Global

On May 1, 2023, merchant bank GCP Capital Partners acquired business services company Verita Global from Computershare

Acquisition Highlights
  • This is GCP Capital Partners’ 3rd transaction in the Business Services sector.
  • This is GCP Capital Partners’ 42nd transaction in the United States.
  • This is GCP Capital Partners’ 5th transaction in California.

M&A Deal Summary
Date 2023-05-01
Target Verita Global
Sector Business Services
Buyer(s) GCP Capital Partners
Sellers(s) Computershare
Deal Type Divestiture

Target

Verita Global

El Segundo, California, United States
Verita Global is legal services provider specializing in corporate restructuring, class action and mass tort administration, and trustee and fiduciary services. Verita Global was founded in 2001 and is based in El Segundo, California.

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Buyer(S) 1

Buyer

GCP Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Merchant Bank
Founded 2000
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

GCP Capital Partners consists of GCP US, GCP Europe, and GCP Venture. GCP US targets North American acquisitions. The unit looks to invest $10 to $50 million in businesses valued up to $500 million. GCP Europe targets businesses in the UK and Europe. The European team looks to invest up to £40 million in companies valued up to £100 million. Sectors of interest include business services, education, energy, financial services, insurance and telecommunications.

DEAL STATS #
Overall 44 of 44
Sector (Business Services) 3 of 3
Type (Divestiture) 1 of 1
State (California) 5 of 5
Country (United States) 42 of 42
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Citcon

Santa Clara, California, United States

Citcon provides connectivity between merchants (online / in-store) and alternative payment methods (“APMs”) to enable merchants to accept mobile wallets in-store or online through the use of QR codes. Citcon was founded in 2015 and is based in Santa Clara, California.

Buy -

Seller(S) 1

SELLER

Computershare

Abbotsford, Australia
Category Company
Founded 1978
Sector Information Technology
Employees12,646
Revenue 3.2B USD (2023)
DESCRIPTION

Computershare specializes in the provision of software solutions and professional services to the securities industry. Computershare was founded in 1978 and is based in Abbotsford, Australia.

DEAL STATS #
Overall 6 of 6
Sector (Business Services) 2 of 2
Type (Divestiture) 4 of 4
State (California) 1 of 1
Country (United States) 4 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-23 Wells Fargo - Corporate Trust Services

San Francisco, California, United States

Wells Fargo's Corporate Trust Services provides a wide variety of trust and agency services in connection with debt securities issued by public and private corporations, government entities, and the banking and securities industries.

Buy $750M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-12 ingage IR

London, United Kingdom

ingage IR provides investor relations and engagement software to help listed companies around the world build and manage their investor relations function. ingage IR is based in London, United Kingdom.

Buy -
Mergr

Product

Company

Legal