M&A Deal Summary |
|
|---|---|
| Date | 2020-10-20 |
| Target | Allworth Financial |
| Sector | Financial Services |
| Buyer(s) |
Lightyear Capital
Ontario Teachers Pension Plan |
| Sellers(s) | Parthenon Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Raymond James - Investment Banking Moelis & Co. (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.1B USD |
| Size | Large |
| Type | Sector Focused |
Lightyear Capital is a specialist private equity firm that pursues brand-name businesses in the financial services sector. Lightyear looks for companies with stable, recurring revenues that operate in growing markets. Transaction strategies include leveraged buyouts, recapitalizations, restructurings and consolidations. Lightyear Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 46 |
| Sector: Financial Services M&A | 16 of 18 |
| Type: Secondary Buyout M&A Deals | 13 of 16 |
| State: California M&A | 6 of 7 |
| Country: United States M&A | 34 of 40 |
| Year: 2020 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-01 |
Inszone Insurance Services
Rancho Cordova, California, United States Inszone Insurance Services is a full-service insurance brokerage firm that provides a broad array of property & casualty and employee benefits solutions. Inszone Insurance Services was founded in 2002 and is based in Rancho Cordova, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-07 |
Therapy Brands
Birmingham, Alabama, United States Therapy Brands is a provider of fully-integrated practice management software and EHR solutions for mental and behavioral health providers. Therapy Brand's mission is to provide the best software and tools to manage your practice. Therapy Brands is based in Birmingham, Alabama. |
Sell | - |
| Category | Pension |
|---|---|
| Founded | 1990 |
| PE ASSETS | 116.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. Teachers' can support direct private equity investments between $100 million and $3 billion. Target sectors include business services, consumer products, retail, diversified industrials, financial services, technology, media, and communications. Teachers' Private Capital also makes private equity fund investments between $50 million and $750 million. Teachers' Private Capital was formed in 1991 and is based in Toronto, with additional offices in London and New York.
| DEAL STATS | # |
|---|---|
| Overall | 139 of 176 |
| Sector: Financial Services M&A | 6 of 8 |
| Type: Secondary Buyout M&A Deals | 41 of 56 |
| State: California M&A | 14 of 17 |
| Country: United States M&A | 60 of 74 |
| Year: 2020 M&A | 9 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-19 |
Princeton Digital Group
Singapore, Singapore Princeton Digital Group is an investor, operator, and developer of data centers in the key digital economies of Asia. Princeton Digital Group was founded in 2017 and is based in Singapore. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-06 |
Pony.ai
Fremont, California, United States Pony.ai is a technology company committed to revolutionizing transportation worldwide. The company engages in developing safe and reliable technology for autonomous vehicles. Pony.ai was founded in 2016 and is based in Fremont, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 5.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Parthenon Capital is a private equity firm focused on investing in service-based businesses with recurring revenues, defensible niches and competitive advantages. Parthenon looks for businesses valued between $75 and $750 million operating in sectors that include business services, financial services, manufacturing, technology-enabled services, and distribution/logistics. Prospective transaction types include recapitalizations, management buyouts, acquisitions, privatizations, and growth capital financings. Parthenon Capital was formed in 1998 and has offices in Boston, Massachusetts and San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 35 |
| Sector: Financial Services M&A | 6 of 7 |
| Type: Secondary Buyout M&A Deals | 8 of 8 |
| State: California M&A | 3 of 5 |
| Country: United States M&A | 27 of 35 |
| Year: 2020 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-22 |
Nuvem
Mount Laurel, New Jersey, United States Nuvem is a provider of pharmacy claims administration and related technology-enabled solutions for healthcare provider organizations nationwide. Nuvem’s flagship product, 340BasicsTM, is a pharmacy claims administration platform that enables qualified healthcare providers to purchase drugs under the Federal 340B Drug Discount Program. Nuvem was founded in 2014 and is based in Mount Laurel, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-10 |
abeo Management
Dallas, Texas, United States abeo Management Corp. is a provider of revenue cycle management services to the anesthesia market. abeo provides a full outsourced solution including billing, coding, collections, practice management and technology. abeo Management was founded in 2007 and is based in Dallas, Texas. |
Sell | - |
