Investment Summary

Housatonic Partners Invests In FIMC

On September 1, 2017, private equity firm Housatonic Partners invested in financial services company FIMC

Investment Highlights
  • This is Housatonic Partners’ 1st transaction in the Financial Services sector.
  • This is Housatonic Partners’ 57th transaction in the United States.
  • This is Housatonic Partners’ 4th transaction in Florida.

Investment Summary

Date 2017-09-01
Target FIMC
Sector Financial Services
Investor(s) Housatonic Partners
Deal Type Growth Capital

Target

FIMC

Sarasota, Florida, United States
FIMC provides financial service companies the ability to engage and retain customers, drive revenue growth, and extend their brand. FIMC helps consumers maintain financial stability and peace of mind by protecting them from many of the most common, yet unexpected, expenses they face everyday. FIMC was founded in 1974 and is based in Sarasota, Florida.

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Investor(S) 1

Investor

Housatonic Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Housatonic Partners is a private equity firm focused on investing in growing, profitable companies with a preference for businesses generating recurring revenues. Target sectors include services, media, and communications. Housatonic looks to commit $10 to $30 million per transaction to support buyouts and recapitalizations. Prospective companies generally have high gross margins and moderate capital intensity. Housatonic was formed in 1994 and has offices in Boston, Massachusetts and San Francisco, California.


DEAL STATS #
Overall 60 of 79
Sector: Financial Services M&A 1 of 2
Type: Growth Capital M&A Deals 9 of 21
State: Florida M&A 4 of 5
Country: United States M&A 57 of 73
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-27 OASIS Group

Dublin, Ireland

OASIS Group is a largest and most diverse professional records and information management companies in Europe. OASIS provides secure offsite records storage and related services to businesses: hard copy paper storage, media storage, imaging, digital archiving, and destruction services. It operates in 30 locations across six countries, managing vital information for over 5,000 clients. OASIS Group was established in 1999 and is based in Dublin, Ireland.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-08 ProService Hawaii

Honolulu, Hawaii, United States

ProService Hawaii provides HR solutions & also provides bundled solutions include configured HR technology, payroll, scheduling, HR consultations, health benefits management, administrative & risk management, workers’ compensation, 401(k), and regulatory compliance. ProService Hawaii was founded in 1994 and is based in Honolulu, Hawaii.

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