M&A Deal Summary

Hellman & Friedman and Stone Point Capital Acquire Safe-Guard

On July 15, 2024, private equity firms Hellman & Friedman and Stone Point Capital acquired automotive company Safe-Guard from Stone Point Capital

Acquisition Highlights
  • This is Hellman & Friedman’s 4th and Stone Point Capital’s 2nd transaction in the Automotive sector.
  • This is Hellman & Friedman’s 61st and Stone Point Capital’s 101st transaction in the United States.
  • This is Hellman & Friedman’s 2nd and Stone Point Capital’s 7th transaction in Georgia.

M&A Deal Summary

Date 2024-07-15
Target Safe-Guard
Sector Automotive
Buyer(s) Hellman & Friedman
Stone Point Capital
Sellers(s) Stone Point Capital
Deal Type Secondary Buyout
Advisor(s) Goldman Sachs (Financial)
Debevoise & Plimpton (Legal)

Target

Safe-Guard

Atlanta, Georgia, United States
Safe-Guard is a provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/Powersports industries. Safe-Guard Products develops, markets and administers programs on behalf of clients, backed by industry-leading sales and marketing, advanced technology solutions, and comprehensive customer service. Safe-Guard is a proud partner to Original Equipment Manufacturers (OEMs), top retailers, and independent agents across the United States and Canada. Safe-Guard was founded in 1992 and is based in Atlanta, Georgia.

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Buyer(S) 2

Buyer

Hellman & Friedman

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 50.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Hellman & Friedman (H&F) is a large private equity firm on the West Coast of the US. H&F focuses on control and minority investments in a variety of transaction structures and will consider opportunities across the US and Europe. H&F seeks buyouts and business in need of restructurings that operate in defensible markets with predictable revenue and earnings growth. Target sectors include financial services, healthcare, indusrial, energy, insurance, media, marketing, professional services, software, and information services. H&F's target equity investment size is $300 million to $1 billion. Hellman & Friedman was formed in 1984 and has offices in San Francisco, New York City, and London.


DEAL STATS #
Overall 88 of 88
Sector (Automotive) 4 of 4
Type (Secondary Buyout) 26 of 26
State (Georgia) 2 of 2
Country (United States) 61 of 61
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-05 Baker Tilly

Chicago, Illinois, United States

Baker Tilly is an advisory CPA firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers (New York, London, San Francisco, Los Angeles, and Chicago). Baker Tilly was founded in 1931 and is based in Chicago, Illinois.

Buy -
Buyer

Stone Point Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 25.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $5 and $500 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 114 of 114
Sector (Automotive) 2 of 2
Type (Secondary Buyout) 26 of 26
State (Georgia) 7 of 7
Country (United States) 101 of 101
Year (2024) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 SunFire

Clifton, New Jersey, United States

SunFire is a SaaS technology company providing transformative and proven IT solutions and services to support the rapidly growing medicare market. SunFire is based in Clifton, New Jersey.

Sell -

Seller(S) 1

SELLER

Stone Point Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 25.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $5 and $500 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 55 of 55
Sector (Automotive) 1 of 1
Type (Secondary Buyout) 15 of 15
State (Georgia) 4 of 4
Country (United States) 49 of 49
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 SunFire

Clifton, New Jersey, United States

SunFire is a SaaS technology company providing transformative and proven IT solutions and services to support the rapidly growing medicare market. SunFire is based in Clifton, New Jersey.

Sell -