M&A Deal Summary |
|
|---|---|
| Date | 2024-04-02 |
| Target | SunFire |
| Sector | Internet Software and Services |
| Buyer(s) |
KKR
Stone Point Capital |
| Sellers(s) | Stone Point Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair (Financial) |
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| 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 | 471 of 483 |
| Sector (Internet Software and Services) | 36 of 36 |
| Type (Secondary Buyout) | 98 of 107 |
| State (New Jersey) | 6 of 6 |
| Country (United States) | 201 of 210 |
| Year (2024) | 6 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-27 |
Acteon
Norwich, United Kingdom Acteon is a global oilfield services provider focusing on the provision of subsea services and products. Acteon was founded in 1989 and is based in Norwich, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-04 |
ADNOC Oil Pipelines
Abu Dhabi, United Arab Emirates ADNOC Oil Pipelines will lease ADNOC’s interest in 18 pipelines, transporting stabilized crude oil and condensate across ADNOC’s offshore and onshore upstream concessions, for a 23-year period. ADNOC Oil Pipelines is based in Abu Dhabi, United Arab Emirates. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 25.0B 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 $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 | 113 of 114 |
| Sector (Internet Software and Services) | 11 of 11 |
| Type (Secondary Buyout) | 25 of 26 |
| State (New Jersey) | 2 of 2 |
| Country (United States) | 100 of 101 |
| Year (2024) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-20 |
TIH Insurance Holdings
Charlotte, North Carolina, United States TIH Insurance Holdings is an insurance broker that operates more than 240 offices through its subsidiaries: McGriff Insurance Services, Inc.; CRC Insurance Services, Inc.; Crump Life Insurance Services, Inc.; AmRisc, LLC; and it's Premium Finance companies (AFCO Credit Corporation, Prime Rate Premium Finance Corporation, Inc., and CAFO Inc.). TIH Insurance Holdings is based in Charlotte, North Carolina. |
Buy | $15.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-15 |
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. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 25.0B 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 $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 | 54 of 55 |
| Sector (Internet Software and Services) | 5 of 5 |
| Type (Secondary Buyout) | 14 of 15 |
| State (New Jersey) | 2 of 2 |
| Country (United States) | 48 of 49 |
| Year (2024) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-20 |
TIH Insurance Holdings
Charlotte, North Carolina, United States TIH Insurance Holdings is an insurance broker that operates more than 240 offices through its subsidiaries: McGriff Insurance Services, Inc.; CRC Insurance Services, Inc.; Crump Life Insurance Services, Inc.; AmRisc, LLC; and it's Premium Finance companies (AFCO Credit Corporation, Prime Rate Premium Finance Corporation, Inc., and CAFO Inc.). TIH Insurance Holdings is based in Charlotte, North Carolina. |
Buy | $15.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-15 |
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. |
Sell | - |
