M&A Deal Summary |
|
|---|---|
| Date | 2007-01-03 |
| Target | Ironshore |
| Sector | Insurance |
| Buyer(s) |
Kester Capital
Beekman Group Calera Capital Irving Place Capital GTCR TowerBrook Capital Partners |
| Deal Type | Buyout (LBO, MBO, MBI) |
| Deal Value | 1.0B USD |
| Advisor(s) | BofA Securities Aon Securities, Inc. (Financial) Dewey & LeBoeuf LLP (Legal) |
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Kester Capital is a private equity firm focused on middle-market company investments in the UK. The Firm looks to invest a minimum of £5 million in businesses valued up to £100 million. Kester Capital was originally established in 2007 as Greenhill Capital Partners Europe, the European private equity arm of Greenhill & Co Inc. Kester Capital is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 13 |
| Sector (Insurance) | 1 of 2 |
| Type (Buyout (LBO, MBO, MBI)) | 1 of 10 |
| Country (Bermuda) | 1 of 1 |
| Year (2007) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-01 |
Travel Entertainment Group
London, United Kingdom Travel Entertainment Group is a provider of of outsourced in-flight entertainment (IFE) services to the airline and cruise industries. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
The Beekman Group, LLC is a private equity firm that invests in small to mid-sized healthcare, consumer, business, and financial services companies. TBG focuses on companies with revenues between $10 to $300 million. Beekman looks to invest $20 to $150 million per transaction. Specific areas of interest include hospital services, dental services, home care, outsourcing services, restaurants, specialty retail, consumer packaged goods, food and food services, infrastructure, education and training, logistics and distribution, insurance, specialty finance, community banking, and asset management. Target transaction types include MBOs, recapitalizations, consolidations, growth capital financings, corporate spin-offs, and special situations. The Beekman Group was formed in 2004 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 27 |
| Sector (Insurance) | 2 of 2 |
| Type (Buyout (LBO, MBO, MBI)) | 1 of 5 |
| Country (Bermuda) | 1 of 1 |
| Year (2007) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-12-30 |
TBG Food Acquisition
Tuckahoe, New York, United States TBG Food Acquisition is a franchise platform company dedicated to acquiring and growing restaurant units of highly recognizable consumer brands in the quick-service restaurant industry. TBG Food Acquisition was founded in 2005 and is based in Tuckahoe, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-10 |
TBG Anesthesia Holdings
United States TBG Anesthesia Holdings, Inc. is an outsourced anesthesiology practice management company providing services to 20 hospitals and ambulatory surgery centers under exclusive contract in the Midwest. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1991 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Calera Capital Partners LP is a private equity firm that targets investments in mid-sized North American businesses valued up to $750 million. Calera Capital looks to invest at least $35 million of equity capital per transaction. Target industries include manufacturing, software, healthcare, consumer products and services. Prospective transaction situations include leveraged recapitalizations of privately held companies, restructurings, growth financings/acquisitions, corporate spin-offs, and take-private situations. Calera seeks businesses with leading market positions, attractive margins, and strong organic growth. Calera Capital was formerly known as Fremont Partners, a unit of the Fremont Group. Calera Capital was formed in 1991 and has offices in San Francisco, California and Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 35 |
| Sector (Insurance) | 1 of 3 |
| Type (Buyout (LBO, MBO, MBI)) | 13 of 23 |
| Country (Bermuda) | 1 of 1 |
| Year (2007) | 1 of 4 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-07-13 |
IPS
Compton, California, United States IPS is a manufacturer of a wide range of adhesive cement, structural adhesives, and niche plumbing products primarily for residential, commercial, industrial, and international markets. IPS' products are sold under a number of highly regarded brand names, including Weld-On, Watertite, Studor, Truebro, and Guy Gray. IPS was founded in 1954 and is based in Compton, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-08 |
Software Architects
Westchester, Illinois, United States Software Architects is a provider of information technology consulting services. The company has vast experience in delivering customized solutions designed for Fortune 500 and middle-market companies. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 4.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
Irving Place Capital (formerly Bear Stearns Merchant Banking) is an independent private equity firm focused on making investments in middle-market companies located in North America and Western Europe. Irving primarily looks for opportunities in the retail, financial services, consumer products and packaging sectors, but will also consider investments in other traditional and service based businesses such as restaurants, transportation/logistics, healthcare, energy, and industrial products/services. The Firm's target investment size is $50 to $250 million of equity capital and EBITDA in excess of $7 million. Prospective transaction situations include traditional management buyouts, growth capital financings, divestitures, consolidations, and recapitalizations. Irving Place is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 49 |
| Sector (Insurance) | 1 of 1 |
| Type (Buyout (LBO, MBO, MBI)) | 8 of 15 |
| Country (Bermuda) | 1 of 1 |
| Year (2007) | 1 of 7 |
| Size (of disclosed) | 1 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-02 |
CH4 Energy SIX
Fort Worth, Texas, United States CH4 Energy SIX is an oil and gas exploration and production company focused on onshore conventional and unconventional basins. Its operations are primarily focused on the East Texas and Barnett Shale regions. CH4 Energy SIX was founded in 2002 and is based in Fort Worth, Texas. |
Buy | €224M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-16 |
Caribbean Financial Group
Guaynabo, Puerto Rico Caribbean Financial Group is a regional consumer finance company offering unsecured personal loans, sales finance, and related credit insurance products to middle-income individuals in the Caribbean and Central America. Caribbean Financial operates retail storefronts in Panama, Aruba, the Netherlands Antilles, Trinidad & Tobago, and Mexico. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 15.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 44 of 142 |
| Sector (Insurance) | 3 of 6 |
| Type (Buyout (LBO, MBO, MBI)) | 16 of 26 |
| Country (Bermuda) | 1 of 1 |
| Year (2007) | 1 of 5 |
| Size (of disclosed) | 4 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-29 |
National Processing
Louisville, Kentucky, United States National Processing Company (NPC) is a provider of payment processing services. NPC is the provider of debit card and credit card acceptance in the U.S. dedicated exclusively to the small-to-medium merchant market. NPC provides a wide range of payment processing solutions, from point-of-sale credit card processing to e-commerce solutions. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-17 |
HSM Electronic Protection Services Inc
Columbus, Ohio, United States HSM Electronic Protection Services, Inc is a leading provider of electronic security monitoring services in the United States. The Company provides design, installation, maintenance, and monitoring services for electronic security systems to commercial and residential customers. Based in Lisle, Illinois, HSM is led by James Covert, a veteran of the security monitoring business. |
Sell | $545M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 17.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 20 of 99 |
| Sector (Insurance) | 2 of 5 |
| Type (Buyout (LBO, MBO, MBI)) | 17 of 35 |
| Country (Bermuda) | 1 of 1 |
| Year (2007) | 1 of 4 |
| Size (of disclosed) | 4 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-01 |
Auto Europe Group
Portland, Maine, United States Auto Europe Group is a global distributor of leisure car rental services. Auto Europe operates three primary business units: Auto Europe - North America, which brokers car rentals for outbound North American travelers to Europe under the Auto Europe and Kemwel brands; Auto Europe - Europe, which brokers car rentals for intra-Europe travelers; and DriveAway Holidays, which brokers car rentals for outbound Australian travelers to Europe. Auto Europe Group was founded in 1954 and is based in Portland, Maine. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-01 |
Jimmy Choo
London, United Kingdom Jimmy Choo is a branded designer, wholesaler and retailer of women’s shoes remain the core of the product offering, alongside handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance and men’s shoes. Jimmy Choo was founded in 1996 and is based in London, United Kingdom. |
Buy | £185M |
