M&A Deal Summary |
|
|---|---|
| Date | 2024-07-11 |
| Target | Envestnet |
| Sector | Software |
| Buyer(s) |
Bain Capital Private Equity
Reverence Capital Partners |
| Deal Type | Going Private |
| Deal Value | 4.5B USD |
| Advisor(s) | Morgan Stanley (Financial) Paul, Weiss, Rifkind, Wharton & Garrison (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 44.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.
| DEAL STATS | # |
|---|---|
| Overall | 239 of 251 |
| Sector: Software M&A | 17 of 18 |
| Type: Going Private M&A Deals | 24 of 24 |
| State: Pennsylvania M&A | 10 of 10 |
| Country: United States M&A | 126 of 130 |
| Year: 2024 M&A | 6 of 8 |
| Size (of disclosed) | 12 of 74 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-08 |
Archwest Capital
Irvine, California, United States Archwest Capital is a direct lender focused on providing business purpose financing secured by residential, multifamily, mixed-use and commercial properties. Archwest Capital is based in Irvine, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-22 |
Bugaboo
Amsterdam, Netherlands Bugaboo designs strollers and parenting solutions, helping families create endless moments of fun and discovery every step of the way. The company's products include strollers, car seats, travel cots, and accessories. Bugaboo was founded in 1999 and is based in Amsterdam, Netherlands. |
Sell | - |
Reverence Capital Partners is a specialist private investment firm focused on investing in global, middle-market financial services businesses. Specific areas of interest include insurance, asset/wealth management, depositories, finance, financial technology/payments, and capital markets. The Firm targets control and influence-oriented minority investments and typically collaborates with management to drive long-term success. Reverence Capital Partners was formed in 2013 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 16 |
| Sector: Software M&A | 1 of 1 |
| Type: Going Private M&A Deals | 2 of 2 |
| State: Pennsylvania M&A | 2 of 2 |
| Country: United States M&A | 16 of 16 |
| Year: 2024 M&A | 3 of 3 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-01 |
Sunstar Insurance Group
Memphis, Tennessee, United States Sunstar Insurance Group is a regional insurance brokerage firm, focused on servicing the insurance needs of businesses and individuals in the Southeast and lower Midwest. Sunstar operates through 10 hub offices, with 18 branch offices in Arkansas, Kansas, Missouri, and Tennessee. Sunstar Insurance Group was founded in 2012 and is based in Memphis, Tennessee. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-15 |
Transact
Scottsdale, Arizona, United States Transact is a provider of campus engagement and payments solutions and a first-mover innovator in NFC mobile credentials, Transact enables institutions to identify and engage students, elevating the student experience through mission-critical transactions. Transact is based in Scottsdale, Arizona. |
Sell | $1.5B |
