M&A Deal Summary |
|
|---|---|
| Date | 2023-11-21 |
| Target | Titan Wealth |
| Sector | Financial Services |
| Buyer(s) | Parthenon Capital |
| Sellers(s) | Maven Capital Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 5.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Parthenon Capital is a private equity firm focused on investing in service-based businesses with recurring revenues, defensible niches and competitive advantages. Parthenon looks for businesses valued between $75 and $750 million operating in sectors that include business services, financial services, manufacturing, technology-enabled services, and distribution/logistics. Prospective transaction types include recapitalizations, management buyouts, acquisitions, privatizations, and growth capital financings. Parthenon Capital was formed in 1998 and has offices in Boston, Massachusetts and San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 61 of 63 |
| Sector: Financial Services M&A | 13 of 13 |
| Type: Secondary Buyout M&A Deals | 7 of 8 |
| State: Virginia M&A | 2 of 2 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-30 |
Cherry Bekaert
Richmond, Virginia, United States Cherry Bekaert is a provider of auditing and accounting services. Cherry Bekaert was founded in 1947 and is based in Richmond, Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-08 |
ICD
San Francisco, California, United States ICD is an institutional trading and investment risk management. ICD's next-generation Software-as-a-Service portal, best practices methodologies and award-winning transparency plus exposure analytics, support corporate treasury with end-to-end solutions. The ICD Global Trade Desk provides expert service out of its Boston offices. ICD was founded in 2003 and is based in San Francisco, California. |
Sell | $785M |
| Category | Asset Manager |
|---|---|
| Founded | 2009 |
| PE ASSETS | 760M GBP |
| Size | Middle-Market |
| Type | Sector Agnostic |
Maven Capital Partners UK LLP (MCP) invests in lower mid-market companies throughout the UK. The Firm also provides mezzanine financing. MCP focuses on profitable companies with proven track records, balanced management teams, and diverse products and services. Maven looks to invest £2 - £20 million in businesses valued from £10 - £40 million. Sectors of interest include specialist manufacturing, health/pharmaceuticals, energy services, leisure, financial services, software and computer services, communication/IT, chemicals, food/beverage, media, consumer products, and support services. Types of transactions include MBOs, MBIs, BIMBOs, take privates, recapitalizations, and growth capital financings. Maven Capital Partners UK LLP was formed in 2009, following a management buyout of Aberdeen Asset Management's Private Equity division. Maven is based in Glasgow with additional offices in Aberdeen, Birmingham, Edinburgh, London and Manchester.
| DEAL STATS | # |
|---|---|
| Overall | 70 of 86 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 17 of 21 |
| State: Virginia M&A | 1 of 1 |
| Country: United Kingdom M&A | 68 of 84 |
| Year: 2023 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-17 |
Sensoteq
Belfast, United Kingdom Sensoteq designs and manufactures a range of wireless sensors for the condition monitoring market. These sensors help track critical parameters such as temperature and vibration on high wear components in a wide range of industrial applications. Sensoteq’s products remove the need for manual inspection, allowing for remote and continuous monitoring of production equipment in some of the harshest industrial environments and hazardous locations. Sensoteq was founded in 2016 and is based in Belfast, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-12 |
McKenzie Intelligence Services
London, United Kingdom McKenzie Intelligence Services provides insurers with geospatial data and analysis to accelerate industry response to catastrophic events, driving disaster relief and economic recovery. MIS’s core product offering, the Global Events Observer (GEO), is a proprietary platform that uses real-time information, machine learning and expert analysis to provide clients with detailed and actionable intelligence to enable data-driven decision making. This allows underwriters to access detailed post event assessments within 24 hours following an incident. McKenzie Intelligence Services was founded in 2011 and is based in London, United Kingdom. |
Buy | - |
