M&A Deal Summary

GTCR Acquires Lexipol

On October 12, 2021, private equity firm GTCR acquired business services company Lexipol from The Riverside Company

Acquisition Highlights
  • This is GTCR’s 15th transaction in the Business Services sector.
  • This is GTCR’s 119th transaction in the United States.
  • This is GTCR’s 8th transaction in Texas.

M&A Deal Summary
Date 2021-10-12
Target Lexipol
Sector Business Services
Buyer(s) GTCR
Sellers(s) The Riverside Company
Deal Type Secondary Buyout
Advisor(s) Vaquero Capital
Shea & Company
Baird (Financial)
Jones Day (Legal)

Target

Lexipol

Frisco, Texas, United States
Lexipol provides public safety agencies and local governments with essential policy content, online training programs, grant services, health and wellness resources, and timely news and analysis to enable them to best serve their communities. The company's solutions are tailored for the unique needs of law enforcement, fire, corrections, and EMS professionals, helping first responders operate professionally, responsibly, and safely. Lexipol was formed in 2003 and is based in Frisco, Texas.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

GTCR

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1980
PE ASSETS 15.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

GTCR is a private equity firm that typically partners with management when pursuing acquisitions. The Firm looks to grow companies through build-on acquisitions, consolidations, and internal growth. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. GTCR was formed in 1980 and is based in Chicago, Illinois.

DEAL STATS #
Overall 123 of 143
Sector (Business Services) 15 of 16
Type (Secondary Buyout) 28 of 33
State (Texas) 8 of 10
Country (United States) 119 of 138
Year (2021) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-01 PPC Flexible Packaging

Buffalo Grove, Illinois, United States

PPC Flexible Packaging is a provider of converted flexible packaging for the healthcare, medical, organic snack, pet food, bakery and produces markets. The company excels in the design and manufacture of value-added printed, laminated and stand up pouch packaging for the most demanding applications. Recognized for its focus on exceptional speed to market, it excels in delivering service, quality, and technology to its valued customer base. PPC Flexible Packaging was founded in 1968 and is based in Buffalo Grove, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 Cisive

Holtsville, New York, United States

Cisive is a provider of tech-enabled and compliance-driven human capital management and risk management solutions. It currently serves clients across the financial services, transportation, and media and telecom end-markets, among others, and offers transportation clients a comprehensive, industry-focused solution through its Driver iQ branded offering. Cisive was formed in 1977 and is headquartered in Holtsville, New York.

Buy -

Seller(S) 1

SELLER

The Riverside Company

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.

DEAL STATS #
Overall 174 of 191
Sector (Business Services) 15 of 17
Type (Secondary Buyout) 69 of 77
State (Texas) 11 of 12
Country (United States) 125 of 133
Year (2021) 10 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 The Derm Group

West Orange, New Jersey, United States

The Derm Group is the premier destination for all skincare needs. With over 15 convenient locations in New Jersey, New York, Pennsylvania, and Connecticut, The Derm Group offers innovative, comprehensive solutions to help look and feel best. The Derm Group was founded in 1992 and is based in West Orange, New Jersey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-26 Actineo

Cologne, Germany

Actineo specializes in bodily injury claims, providing tech-enabled and data-driven services to the insurance industry. The Company processes and digitalizes more than 120,000 bodily injury claims per year and develops prediction models for a customer base of more than 50 insurers. Customers benefit from increased transparency, control, and better risk management. Actineo was founded in 2009 and is based in Cologne, Germany.

Sell -
Mergr

Product

Company

Legal