M&A Deal Summary |
|
|---|---|
| Date | 2015-06-23 |
| Target | Alliant Insurance Services |
| Sector | Insurance |
| Buyer(s) |
Stone Point Capital
PSP Investments |
| Sellers(s) | KKR |
| Deal Type | Secondary Buyout |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 25.0B USD |
| Size | Mega |
| Type | Sector Focused |
Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $5 and $500 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 70 of 114 |
| Sector (Insurance) | 26 of 31 |
| Type (Secondary Buyout) | 8 of 26 |
| State (California) | 7 of 14 |
| Country (United States) | 59 of 101 |
| Year (2015) | 5 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-02 |
Broadstone Net Lease
Victor, New York, United States Broadstone Net Lease is an internally-managed real estate investment trust (“REIT”) focused on single-tenant commercial real estate properties in the United States. BNL’s diversified portfolio consists of properties in the U.S. and Canada across the industrial, healthcare, restaurant, retail and office property types. Broadstone Net Lease was founded in 2007 and is based in Victor, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-02 |
Preferred Concepts
New York, New York, United States Preferred Concepts LLC is an insurance program underwriter and wholesale broker. The company’s operating divisions include Preferred Concepts, a program administrator; Preferred Underwriting, a program underwriter; Preferred Brokerage, a wholesale broker; and ezumbrella.com, an online umbrella liability program. |
Sell | - |
PSP Investments is a Canadian pension manager focused on a variety of investment strategies including public equities, real estate, private equity, infrastructure, private debt, and natural resources. The Firm's private equity group looks to back funds as well as make direct investments in partnership with managers. PSP will consider opportunities globally and will invest across a broad range of sectors, including financials, consumer, industrials, healthcare, technology, communications, and energy. PSP Investments is based in Ottawa.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 29 |
| Sector (Insurance) | 1 of 2 |
| Type (Secondary Buyout) | 3 of 9 |
| State (California) | 1 of 3 |
| Country (United States) | 4 of 11 |
| Year (2015) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-06 |
SitusAMC
New York, New York, United States SitusAMC is a provider of end-to-end strategic business solutions and integrated process and technology solutions for the financial services Industry, and also has offered customized services to leading financial institutions, investors, owners, and developers. SitusAMC was founded in 1985 and is based in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-25 |
ENGIE - 1.4GW Hydroelectric Assets Portfolio
New England, United States ENGIE's 1.4GW Hydroelectric Assets Portfolio are core operational merchant hydroelectric facilities located primarily on the Connecticut River in Massachusetts and the Housatonic River in Connecticut. They constitute the 2 nd largest privately-owned hydroelectric portfolio within the well-developed and functional ISO New-England (ISO-NE) power market. They include the 1,168MW Northfield Mountain pumped-storage facility as well as 12 conventional hydroelectric facilities, the three largest of which represent an aggregate generation capacity of 134MW. The portfolio generates Renewable Energy Credits. |
Buy | $1.2B |
| 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 | 68 of 207 |
| Sector (Insurance) | 1 of 5 |
| Type (Secondary Buyout) | 8 of 36 |
| State (California) | 6 of 17 |
| Country (United States) | 35 of 89 |
| Year (2015) | 5 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-23 |
C.H.I. Overhead Doors
Arthur, Illinois, United States C.H.I. Overhead Doors is a manufacturer and marketer of overhead garage doors in North America. The Company manufactures a complete portfolio of overhead sectional garage door products for both the residential and commercial markets, as well as rolling steel doors for commercial and industrial applications. C.H.I. Overhead Doors was founded in 1981 and is based in Arthur, Illinois. |
Buy | $600M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-13 |
FanDuel
New York, New York, United States FanDuel, Inc. operates an online fantasy sports platform that enables users to play fantasy games and win cash prizes. |
Buy | - |
