M&A Deal Summary |
|
|---|---|
| Date | 2012-02-07 |
| Target | BroadStreet Partners |
| Sector | Insurance |
| Buyer(s) |
Ontario Teachers Pension Plan
Century Equity Partners Penfund |
| Sellers(s) | State Automobile Mutual Insurance |
| Deal Type | Divestiture |
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| Category | Pension |
|---|---|
| Founded | 1990 |
| PE ASSETS | 242.5B 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 | 49 of 175 |
| Sector (Insurance) | 3 of 7 |
| Type (Divestiture) | 6 of 15 |
| State (Ohio) | 2 of 4 |
| Country (United States) | 21 of 72 |
| Year (2012) | 1 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-03 |
Aquilex
Atlanta, Georgia, United States Aquilex Corp. is a provider of critical maintenance, repair and industrial cleaning solutions to the energy industry. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-15 |
Blue Coat Systems
Sunnyvale, California, United States Blue Coat is an enterprise security, providing on-premise, hybrid and cloud-based solutions for protecting web connectivity, combating advanced threats and responding to security breaches. Blue Coat is the global market leader in securing connection to the web and counts nearly 80 percent of the Global Fortune 500 as its customers. |
Buy | $1.3B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 885M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Century Equity Partners is an asset management firm invests in lower middle-market companies located in the US. Century Equity Partners focuses on companies with rapidly growing, profitable businesses led by strong management teams with an enterprise value between $15 and $300 million and equity capital ranging from $5 to $30 million and in conjunction with its limited partners and select co-investors can commit up to $100 million to a single transaction. The Firm targets companies operating in the fields of financial services, insurance, and healthcare services. Types of transactions include buyouts and growth capital. It seeks minority interest and also considers co-invests. Century Equity Partners was formed in 1987 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 33 |
| Sector (Insurance) | 12 of 15 |
| Type (Divestiture) | 1 of 1 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 15 of 26 |
| Year (2012) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-04 |
Thompson Insurance Enterprises
Kennesaw, Georgia, United States Thomco manages programs that provide comprehensive insurance solutions for the Child Care, Senior Living, Medical Transportation, Fitness Center, Pest Control, Social Service, and Tanning Salon markets. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-03 |
Digital Risk
Maitland, Florida, United States Digital Risk, LLC provides mortgage data analytics and risk mitigation services to global financial institutions. The company’s unique 360° Risk Analytics product offering integrates real-time fraud detection algorithms and predictive modeling with forensic underwriting services to provide its customers with actionable output. |
Sell | $202M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1979 |
| PE ASSETS | 2.7B CAD |
| Size | Large |
| Type | Sector Agnostic |
Penfund is a private investment firm that provides equity, junior capital, and alternative financing to Canadian-based middle-market companies with EBITDA of at least C$20 million. Penfund can commit up to C$225 million per transaction. Penfund does not have any industry preferences and its investments are generally used to support growth needs, recapitalization, shareholder liquidity, acquisitions, and buyouts. Penfund was formed in 1979 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 28 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 3 of 14 |
| Year (2012) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-17 |
Del Monte Canada
Toronto, Ontario, Canada Del Monte Canada, Inc. is a provider of canned fruits, refrigerated fruits, and canned tomatoes and vegetables in Canada. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-02 |
Jet Equipment & Tools
Coquitlam, British Columbia, Canada Jet Equipment & Tools Ltd. is a distributor of professional grade tools and equipment. Jet Equipment & Tools is based in Coquitlam, British Columbia. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1921 |
| Sector | Insurance |
State Automobile Mutual Insurance Company, a property and casualty insurance holding company and one of only 13 companies to be rated A+ (Superior) by the A.M. Best Company every year since 1954.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2012) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-02-10 |
Rockhill Insurance
Kansas City, Missouri, United States Rockhill writes approximately $120 million in specialty property and casualty direct written premium through four insurance company subsidiaries. |
Buy | - |
