M&A Deal Summary |
|
|---|---|
| Date | 2014-01-27 |
| Target | Sedgwick |
| Sector | Insurance |
| Buyer(s) | KKR |
| Sellers(s) |
Hellman & Friedman
Stone Point Capital |
| Deal Type | Secondary Buyout |
| Deal Value | 2.4B USD |
| Advisor(s) | Simpson Thacher & Bartlett (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 267.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 142 of 502 |
| Sector: Insurance M&A | 4 of 15 |
| Type: Secondary Buyout M&A Deals | 28 of 113 |
| State: Tennessee M&A | 3 of 6 |
| Country: United States M&A | 62 of 213 |
| Year: 2014 M&A | 3 of 26 |
| Size (of disclosed) | 43 of 110 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-23 |
Santander Consumer USA
Dallas, Texas, United States Santander Consumer USA is a provider of financial services for vehicle and consumer lending products. Santander Consumer USA was founded in 1995 and is based in Dallas, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-07 |
National Vision
Duluth, Georgia, United States National Vision is an optical retail company operating over 450 vision centers in the U.S. and Mexico, including free-standing stores under America's Best Contacts & Eyeglasses brand as well as vision centers located inside of Wal-Mart stores. National Vision was established in 1990 and is based in Duluth, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 115.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Hellman & Friedman 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 | 34 of 64 |
| Sector: Insurance M&A | 4 of 5 |
| Type: Secondary Buyout M&A Deals | 10 of 17 |
| State: Tennessee M&A | 2 of 3 |
| Country: United States M&A | 25 of 46 |
| Year: 2014 M&A | 2 of 6 |
| Size (of disclosed) | 9 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-24 |
Scout24
Berlin, Germany Scout24 is a proivder of online market places. The six marketplaces of the Scout24 Group - ImmobilienScout24, AutoScout24, FriendScout24, FinanceScout24, JobScout24 and TravelScout24 - are present in 22 countries As a strong partner, Scout supports its customers in important decisions, in particular in the fields of housing, mobility, partnership and finance. Scout24 was founded in 1998 and is based in Berlin, Germany. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-25 |
Gaztransport & Technigaz
Saint-Remy-les-Chevreuse, France Gaztransport & Technigaz is an engineering company that operates two main areas of expertise including cargo containment systems (CCS) for LNG carriers and land storage of LNG. LNG carriers and tanks designed with GTT containment systems have also been used to carry and store other liquefied gases (LPG, Ethylene etc.). Gaztransport & Technigaz was founded in 1965 and is based in Saint-Remy-les-Chevreuse, France. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Focused |
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 $75 and $750 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 | 13 of 59 |
| Sector: Insurance M&A | 10 of 18 |
| Type: Secondary Buyout M&A Deals | 4 of 15 |
| State: Tennessee M&A | 2 of 3 |
| Country: United States M&A | 8 of 53 |
| Year: 2014 M&A | 1 of 6 |
| Size (of disclosed) | 2 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-24 |
Applied Systems
Chicago, Illinois, United States Applied Systems is a provider of cloud-based software to the P&C and benefits insurance industries. The company provides agency and brokerage management systems to customers throughout North America and Europe. Applied Systems was founded in 1983 and is based in Chicago, Illinois. |
Buy | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-21 |
Wilton Re
Norwalk, Connecticut, United States Wilton Re provides traditional life reinsurance and insurance Run Off Solutions through its wholly owned operating subsidiaries, Wilton Reassurance Company, Wilton Reinsurance Bermuda Limited, and Wilton Reassurance Life Company of New York. Wilton Re was founded in 2004 and is based in Norwalk, Connecticut. |
Sell | $1.8B |
