M&A Deal Summary |
|
|---|---|
| Date | 2017-10-18 |
| Target | TortoiseEcofin |
| Sector | Financial Services |
| Buyer(s) |
Lovell Minnick Partners
HarbourVest Partners |
| Deal Type | Buyout (LBO, MBO, MBI) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Lovell Minnick Partners is a private equity firm that targets investments in financial services companies located in North America and Europe. Specific areas of interest include asset management, financial planning, financial product distribution, outsource providers, specialty finance, and related administration and business services companies. The Firm looks to commit $40 to $150 million of equity capital per investment. Prospective transaction situations include divestitures, management buyouts, growth capital financings, and recapitalizations. Lovell Minnick was formed in 1999 and is headquartered in Radnor, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 58 |
| Sector: Financial Services M&A | 32 of 39 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 20 of 26 |
| State: Kansas M&A | 1 of 1 |
| Country: United States M&A | 35 of 52 |
| Year: 2017 M&A | 7 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-20 |
CenterSquare
Plymouth Meeting, Pennsylvania, United States CenterSquare is a global investment manager focused on actively managed public and private real estate strategies. CenterSquare manages investments for institutional investors and high net worth individuals throughout global markets and across public and private capital sectors. CenterSquare was founded in 1987 and is based in Conshohocken, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-30 |
National Auto Care
Westerville, Ohio, United States National Auto Care is a provider of F&I products, administration, consulting services, training and marketing support to independent agents, insurance companies, financial institutions, third-party administrators, and credit unions. National Auto Care focuses on increasing agent and dealer profitability by providing unique F&I products in protected markets. National Auto Care was recently named a Top Workplace in Central Ohio for the third year running and was honored with a 2018 Dealer’s Choice Platinum Award for F&I Products. NAC was founded in 1984 and is based in Westerville, Ohio. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 164 of 214 |
| Sector: Financial Services M&A | 13 of 15 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 33 of 41 |
| State: Kansas M&A | 1 of 1 |
| Country: United States M&A | 99 of 130 |
| Year: 2017 M&A | 12 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-25 |
Nets
Ballerup, Denmark Nets is a payments processing utility for the Nordics region. Nets connects banks, businesses, public sector organizations, merchants and consumers through an international network facilitating digital payments. Nets was founded in 1968 and is based in Ballerup, Denmark. |
Buy | kr.33.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-20 |
INELO
Bielsko-Biała, Poland INELO provides the highest quality software for the analysis and settlement of drivers' working time, devices for digital data collection and GBOX® satellite vehicle location systems. INELO was founded in 2002 and is based in Bielsko-Biała, Poland. |
Sell | - |
