Investment Summary

Lovell Minnick Partners Invests In STP Investment Services

On March 9, 2022, private equity firm Lovell Minnick Partners invested in financial services company STP Investment Services

Investment Highlights
  • This is Lovell Minnick Partners’ 36th transaction in the Financial Services sector.
  • This is Lovell Minnick Partners’ 46th transaction in the United States.
  • This is Lovell Minnick Partners’ 6th transaction in Pennsylvania.

Investment Summary
Date 2022-03-09
Target STP Investment Services
Sector Financial Services
Investor(s) Lovell Minnick Partners
Deal Type Growth Capital
Advisor(s) Raymond James - Investment Banking (Financial)
Fox Rothschild (Legal)

Target

STP Investment Services

West Chester, Pennsylvania, United States
STP Investment Services is a technology-enabled services company that provides front, middle, and back-office solutions to investment managers, funds, family offices, wealth managers, and plan sponsors providing the service, software, expertise, and confidence needed to focus on their core business objectives. STP provides a broad range of services and SaaS offerings for the financial services industry with capabilities to process all asset classes and meet ever-evolving business requirements. STP Investment Services was founded in 2008 and is based in West Chester, Pennsylvania.

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Investor(S) 1

Investor

Lovell Minnick Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

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 50 of 55
Sector (Financial Services) 36 of 37
Type (Growth Capital) 13 of 14
State (Pennsylvania) 6 of 6
Country (United States) 46 of 50
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Warner Pacific Insurance Services

Westlake Village, California, United States

Warner Pacific Insurance Services provides sales assistance, back-office support and a full suite of benefit products and tech-enabled services to insurance agents, principally focused on the small group, large group, and Medicare health insurance markets. Warner Pacific Insurance Services was founded in 1982 and is based in Westlake Village, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-20 LSQ Funding

Orlando, Florida, United States

LSQ Funding is a technology-enabled provider of invoice and supply chain finance solutions to small and mid-sized businesses across a range of industries and geographies within the United States. The Company primarily provides factoring and asset-based lending solutions and helps clients outsource the back-office administration of accounts receivable management and expedite the cash conversion cycle. LSQ was founded in 1996 and is founded in Orlando, Florida.

Sell -
Mergr

Product

Company

Legal