M&A Deal Summary

Shore Capital Partners Acquires Point C

On November 21, 2024, private equity firm Shore Capital Partners acquired business services company Point C from Shore Capital Partners

Acquisition Highlights
  • This is Shore Capital Partners’ 8th transaction in the Business Services sector.
  • This is Shore Capital Partners’ 62nd transaction in the United States.
  • This is Shore Capital Partners’ 16th transaction in Illinois.

M&A Deal Summary

Date 2024-11-21
Target Point C
Sector Business Services
Buyer(s) Shore Capital Partners
Sellers(s) Shore Capital Partners
Deal Type Recapitalization

Target

Point C

Chicago, Illinois, United States
Point C is a third party administration platform for medical and dental benefits for self-insured employers. Administrative services the company currently provides include claims processing, network management, and utilization review. Point C’s mission is to support TPA partners through business process innovations and product solutions that drive value for employers and enhance the member experience. Point C is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Shore Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 9.1B USD
Size Mega
Type Sector Focused
DESCRIPTION

Shore Capital Partners is a private equity group focused on opportunities in healthcare, food/beverages, and business services. Specific healthcare areas of interest include infusion therapy, laboratory services, laboratory products/distribution, outpatient rehab therapy, and behavioral health. Shore looks to invest in proven businesses with stable cash-flows and 'significant' growth potential. Prospective companies typically have $5 to $100 million in sales and $1 to $10 million of EBITDA. Shore Capital was formed in 2009 and is based in Chicago, Illinois.


DEAL STATS #
Overall 63 of 63
Sector (Business Services) 8 of 8
Type (Recapitalization) 9 of 9
State (Illinois) 16 of 16
Country (United States) 62 of 62
Year (2024) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 Skycrest Roofing

Denver, Colorado, United States

Skycrest Roofing is a provider of residential roofing services. Skycrest offers residential roofing installation, maintenance, repair, water protection, and other services. Skycrest Roofing is based in Denver, Colorado.

Buy -

Seller(S) 1

SELLER

Shore Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 9.1B USD
Size Mega
Type Sector Focused
DESCRIPTION

Shore Capital Partners is a private equity group focused on opportunities in healthcare, food/beverages, and business services. Specific healthcare areas of interest include infusion therapy, laboratory services, laboratory products/distribution, outpatient rehab therapy, and behavioral health. Shore looks to invest in proven businesses with stable cash-flows and 'significant' growth potential. Prospective companies typically have $5 to $100 million in sales and $1 to $10 million of EBITDA. Shore Capital was formed in 2009 and is based in Chicago, Illinois.


DEAL STATS #
Overall 17 of 17
Sector (Business Services) 3 of 3
Type (Recapitalization) 1 of 1
State (Illinois) 4 of 4
Country (United States) 17 of 17
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 Skycrest Roofing

Denver, Colorado, United States

Skycrest Roofing is a provider of residential roofing services. Skycrest offers residential roofing installation, maintenance, repair, water protection, and other services. Skycrest Roofing is based in Denver, Colorado.

Buy -