M&A Deal Summary

Lee Equity Partners Acquires Skopos Financial

On July 25, 2011, private equity firm Lee Equity Partners acquired financial services company Skopos Financial for 110M USD

Acquisition Highlights
  • This is Lee Equity Partners’ 3rd transaction in the Financial Services sector.
  • This is Lee Equity Partners’ 5th largest (disclosed) transaction.
  • This is Lee Equity Partners’ 7th transaction in the United States.
  • This is Lee Equity Partners’ 2nd transaction in Texas.

M&A Deal Summary

Date 2011-07-25
Target Skopos Financial
Sector Financial Services
Buyer(s) Lee Equity Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 110M USD

Target

Skopos Financial

Irving, Texas, United States
Skopos Financial is an indirect auto lender providing financing through a network of franchised auto dealers across select states. Skopos Financial was founded in 2012 and is based in Irving, Texas.

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Buyer(S) 1

Buyer

Lee Equity Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 5.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Lee Equity Partners is a private investment firm that looks for buyout and growth capital investments across a range of industries. Lee Equity Partners seeks investments requiring $50 to $150 million of equity capital. Lee Equity Partners was formed in 2006 and is based in New York, New York.


DEAL STATS #
Overall 8 of 40
Sector: Financial Services M&A 3 of 6
Type: Buyout (LBO, MBO, MBI) M&A Deals 4 of 13
State: Texas M&A 2 of 6
Country: United States M&A 7 of 34
Year: 2011 M&A 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-27 Deb Shops

Philadelphia, Pennsylvania, United States

Deb Shops is a mall-based, specialty retailer of fashionable, value-priced apparel and accessories for junior females in both regular and plus sizes. Headquartered in Philadelphia, PA, the Company operates over 340 stores in the U.S. principally under two store formats: junior only and junior / plus combination.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-16 The Edelman Financial Group

Houston, Texas, United States

Edelman Financial Services provides financial planning and investment management services to more than 28,000 individuals and families and manages more than $15 billion in assets.(2) The firm also provides 401(k) plans and institutional investment management for businesses.

Buy $258M