Investment Summary

General Atlantic Invests In Gravie

On March 21, 2023, growth capital firm General Atlantic invested in insurance company Gravie

Investment Highlights
  • This is General Atlantic’s 6th transaction in the Insurance sector.
  • This is General Atlantic’s 164th transaction in the United States.
  • This is General Atlantic’s 2nd transaction in Minnesota.

Investment Summary

Date 2023-03-21
Target Gravie
Sector Insurance
Investor(s) General Atlantic
Deal Type Growth Capital

Target

Gravie

Minneapolis, Minnesota, United States
Gravie is an insurance services provider that helps businesses, individuals and families choose, buy and manage health insurance products. Gravie was founded in 2013 and is based in Minneapolis, Minnesota.

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Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 336 of 364
Sector: Insurance M&A 6 of 6
Type: Growth Capital M&A Deals 133 of 140
State: Minnesota M&A 2 of 2
Country: United States M&A 164 of 175
Year: 2023 M&A 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 Cimory

Jakarta, Indonesia

Cimory is a producer of premium dairy products and premium consumer food that includes yogurt and milk products. The premium consumer food product portfolio includes a wide selection of ready-to-cook and ready-to-eat sausages and chicken nuggets marketed under the “Kanzler” brand. Cimory was formed in 1992 and is based in Jakarta, Indonesia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-20 OneOncology

Nashville, Tennessee, United States

OneOncology empowers community oncology practices with advanced tools and capabilities to help physicians deliver higher-quality cancer care to their patients, close to home, amidst a rapidly evolving cancer care ecosystem. OneOncology was founded in 2018 and is based in Nashville, Tennessee.

Sell $2.1B