M&A Deal Summary |
|
|---|---|
| Date | 2017-05-08 |
| Target | OneDigital |
| Sector | Insurance |
| Buyer(s) |
New Mountain Capital
Onex Partners |
| Sellers(s) | Fidelity National Financial |
| Deal Type | Divestiture |
| Deal Value | 560M USD |
| Advisor(s) | Triple Tree LLC (Financial) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 35.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 95 |
| Sector (Insurance) | 5 of 6 |
| Type (Divestiture) | 2 of 6 |
| State (Georgia) | 4 of 7 |
| Country (United States) | 42 of 90 |
| Year (2017) | 5 of 10 |
| Size (of disclosed) | 11 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-03 |
Legends
New York, New York, United States Legends provides hospitality, merchandise, ticket sales, planning, sponsorships and experiential services to the sports and entertainment industries, as well as the management of landmark attractions such as Yankee Stadium, AT&T Stadium (home of the Dallas Cowboys) and the observatory at New York City’s World Trade Center. Legends was founded in 2008 and is based in New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-17 |
Sparta Systems
Hamilton, New Jersey, United States Sparta Systems is a provider of quality management software to the pharmaceutical, medical device, and consumer products industries. Sparta’s software solutions help improve quality outcomes and incident response, with improved regulatory compliance and lower administrative costs. Its flagship platform, TrackWise, is used by 35 of the top 40 pharma companies and 13 of the top 15 medical device manufacturers. Sparta has over 825,000 individual users overall across more than 30 countries. Sparta Systems was formed in 1994 and is based in Hamilton, New Jersey. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 23.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Onex Partners is the private equity investment arm of Onex Corp., a Canadian based public investment and asset management firm that also invests in real estate and credit securities. Onex Partners targets investments in large companies, and ONCAP which invests in smaller middle-market companies. Both groups consider North American businesses in a wide range of industries with a special interest in aerospace, healthcare, and industrial companies. Prospective transaction situations include corporate carve-outs where the firm can leverage restructuring capabilities. Onex Corp. was established in 1984 and is based in Toronto with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 58 |
| Sector (Insurance) | 4 of 6 |
| Type (Divestiture) | 12 of 12 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 33 of 42 |
| Year (2017) | 2 of 3 |
| Size (of disclosed) | 21 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-17 |
USI Insurance Services
Valhalla, New York, United States USI Insurance Services is a provider of a fully integrated distribution of general and specialty property and casualty insurance and financial services such as employee benefits outsourcing and related consulting. USI Insurance Services was founded in 1994 and is based in Valhalla, New York. |
Sell | $4.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-12-11 |
SMG Holdings
West Conshohocken, Pennsylvania, United States SMG Holdings, Inc. is a global manager of convention centers, stadiums, arenas, theatres, performing arts centers and other venues. The company offers a comprehensive suite of services, allowing venue owners to outsource all facets of day-to-day operations, including facility staffing and training, food and beverage, event booking and management, event promotion, exhibitor services, financial management and ongoing maintenance services |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1847 |
| Sector | Insurance |
| Employees | 22,293 |
| Revenue | 11.5B USD (2023) |
Fidelity National Financial is a provider of insurance escrow, and other services. Fidelity National Financial was incorporated in 1847 and is based in Jacksonville, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 8 |
| Sector (Insurance) | 2 of 3 |
| Type (Divestiture) | 5 of 6 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 5 of 7 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-26 |
Commissions
Marietta, Georgia, United States Commissions, Inc. is a provider of web-based real estate marketing and CRM software for elite agents and teams across North America. The solution includes a consumer website that integrates with local MLS data, a complete CRM platform that allows real estate agents to nurture clients and monitor their business, and access to two mobile apps (CINC Agent App and Houses.net). |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-22 |
Hudson & Marshall
Dallas, Texas, United States Hudson & Marshall is a full service auction company and real estate and property auction providers. Hudson & Marshall was established in 1965 and is headquartered in Dallas, Texas. |
Buy | - |
