M&A Deal Summary |
|
|---|---|
| Date | 2017-05-11 |
| Target | Omnisure Group |
| Sector | Financial Services |
| Buyer(s) | PayLink Direct |
| Sellers(s) | Fortress |
| Deal Type | Merger |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Financial Services |
PayLink Direct is a provider of payment financing and processing services to facilitate the sale of vehicle service contracts. PayLink specializes in partnering with VSC providers to offer financial and payment processing solutions to purchasers of VSCs, also known as extended warranty contracts. PayLink Direct was founded in 2006 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| Category | Asset Manager |
|---|---|
| Founded | 1998 |
| PE ASSETS | 44.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Fortress is a public investment firm that manages hedge fund, credit, and private equity investments. Fortress' private equity practice primarily makes control-oriented investments in North American and Western European businesses with significant asset-bases and strong cash-flows. Fortress is open to investing in a wide range of sectors, however the Firm has tended towards capital intensive sectors. These include transportation, financials, senior living/healthcare, real estate, media & telecommunications, leisure and energy infrastructure. The pivate equity group also invests in publicly traded alternative investment vehicles, which Fortress refers to as 'castles' that primarily invest in real estate and real estate related debt. Fortress was formed in 1998 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 27 |
| Sector: Financial Services M&A | 8 of 11 |
| Type: Merger M&A Deals | 1 of 3 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 14 of 20 |
| Year: 2017 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-02 |
Litify
New York, New York, United States Litify is a software platform for managing law firms. Litify’s software is designed specifically to allow law firms to have far greater insights and transparency into their operations. The software improves law firm efficiency by providing an intuitive and streamlined platform for intakes, referrals, case management, and internal and external communication. Built on top of the Salesforce.com platform, Litify leverages the power of Salesforce with custom applications tailored specifically for the legal industry. Litify is based in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-07 |
Logan Circle Partners
Philadelphia, Pennsylvania, United States Logan Circle Partners LP is an institutionally-focused, fundamental research-based investment manager providing clients actively managed investment solutions across a broad spectrum of fixed income strategies. |
Sell | $250M |