M&A Deal Summary |
|
|---|---|
| Date | 2021-03-03 |
| Target | Caruna |
| Sector | Utilities |
| Buyer(s) |
Ontario Teachers Pension Plan
KKR |
| Sellers(s) | OMERS Infrastructure |
| Deal Type | Secondary Buyout |
SEARCH BY
| 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 | 152 of 176 |
| Sector: Utilities M&A | 5 of 7 |
| Type: Secondary Buyout M&A Deals | 47 of 56 |
| Country: Finland M&A | 1 of 1 |
| Year: 2021 M&A | 6 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-03 |
RATESDOTCA
Toronto, Ontario, Canada RATESDOTCA is an online insurance marketplace. RATESDOTCA was founded in 1999 and is based in Toronto, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-16 |
Glass Lewis
San Francisco, California, United States Glass Lewis is a provider of global governance services, helping institutional investors understand and connect with the companies they invest. Glass Lewis was founded in 2003 and is based in San Francisco, California. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 267.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 375 of 499 |
| Sector: Utilities M&A | 9 of 9 |
| Type: Secondary Buyout M&A Deals | 74 of 113 |
| Country: Finland M&A | 3 of 3 |
| Year: 2021 M&A | 7 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-03 |
Nordic Bioscience
Herlev, Denmark Nordic Bioscience is an expert in the extracellular matrix (ECM) with experience in biomarker development, clinical and pre-clinical research. Fragments from the reactive stroma and ECM have been identified by the research team at Nordic Bioscience and corresponding quantification assays have been developed in parallel. Nordic Bioscience was founded in 1991 and is based in Herlev, Denmark. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-04 |
ISC
Carlsbad, California, United States ISC is a multi-line insurance distributor that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and data analytics. ISC has built an end-to-end insurance platform by connecting a broad network of insurance markets and distribution channels with proprietary data analytics capabilities. ISC was founded in 2017 and is based in Carlsbad, California. |
Buy | - |
| Category | Infrastructure |
|---|---|
| Founded | 1990 |
| PE ASSETS | 36.0B CAD |
| Size | Mega |
| Type | Sector Focused |
OMERS Infrastructure is the infrastructure investment arm of Canadian pension plan OMERS. OMERS targets 'large-scale' infrastructure investments valued in excess of $1 billion where the firm can commit at least $200 million of equity capital. Prospective opportunities generally possess significant governmental or regulatory barriers to entry, as well as stable cash-flows linked to long-term contracts. Specific areas of interest include energy (generation, transmission and distribution networks), transportation (transportation gateways, rail corridors, ports and airports), institutional facilities (hospitals, long-term care facilities and schools), and government-regulated services (laboratory diagnostic services, satellite and other communications networks and land registry services). OMERS was formed in 1990 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 18 |
| Sector: Utilities M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 3 of 3 |
| Country: Finland M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-16 |
Detroit River Tunnel Co.
Detroit, Michigan, United States Detroit River Tunnel Co. owns a cross-border rail tunnel linking Detroit, Michigan, and southwestern Ontario - a vital transportation link for commercial freight between the United States and Canada in the critical transportation corridor between the Port of Montreal and Chicago. |
Sell | $312M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-08 |
VENTO II
Illinois, United States Vento II is a 599 MW portfolio comprised of four wind farms. VENTO II is based in Illinois. |
Sell | - |
