Explore All 709 Divestiture Financial Services Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | July 17, 2018 |
| Target | Cetera |
| Sector | Financial Services |
| Buyer(s) | Genstar Capital |
| Sellers(s) | RCS Capital |
| Deal Type | Divestiture |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 50.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Genstar Capital is a private equity firm that seeks investments in life science, healthcare, medical products, industrial technology, software, financial services, packaging, building materials, manufacturing, and business services companies. Genstar looks to invest between $50 and $400 million of equity capital in businesses valued up to $1 billion. Target transaction situations include control-oriented leveraged buyouts of corporate divisions, privately held businesses or public companies, minority investments in privately held businesses or public companies, ownership restructurings/recapitalizations of privately held businesses, growth equity financings, partnerships with other strategic or financial buyers, and take privates. Genstar Capital was formed in 1988 and is based in San Francisco, California.
| Deal Context for Buyer | # |
|---|---|
| Overall | 75 of 112 |
| Sector: Financial Services | 9 of 12 |
| Type: Divestiture | 8 of 9 |
| State: California | 11 of 12 |
| Country: United States | 68 of 104 |
| Year: 2018 | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-17 |
Bracket
Wayne, Pennsylvania, United States Bracket is a clinical trial technology and specialty services provider dedicated to helping biopharmaceutical sponsors and contract research organizations increase the power of their clinical research data by leveraging core competencies in Science, Technology, and Service. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-31 |
Accruent
Austin, Texas, United States Accruent, Inc. is a provider of physical resource management software. Accruent provides market planning, site selection, project management, lease administration, facilities and space management software that is purpose-built for specific industries to deliver greater customer value. Accruent, Inc. was founded in 1995 and is based in Austin, Texas. |
Sell | $2.0B |
| Category | Company |
|---|---|
| Sector | Financial Services |
| Employees | 1,942 |
| Revenue | 2.1B USD (2014) |
RCS Capital Corp. was formed to operate and grow the following four principal lines of business: a wholesale broker-dealer, an investment banking and capital markets business, a transaction management services provider and a transfer agent. RCS Capital Corp. filed for bankruptcy in 2015.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: California | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2018 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-18 |
Girard Securities
San Diego, California, United States Girard Securities, Inc. is a provider of securities brokerage and investment services primarily to individual investors. It sells insurance products, including variable and fixed annuities and life insurance. |
Buy | - |
