M&A Deal Summary |
|
|---|---|
| Date | 2021-02-04 |
| Target | Cotality |
| Sector | Information Services |
| Buyer(s) |
Stone Point Capital
Insight Partners Cohesive Capital Partners Serent Capital |
| Deal Type | Going Private |
| Deal Value | 6.0B USD |
| Advisor(s) | Evercore Group (Financial) Skadden, Arps, Slate, Meagher & Flom (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 55.0B 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 $75 and $750 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 | 95 of 120 |
| Sector: Information Services M&A | 1 of 1 |
| Type: Going Private M&A Deals | 4 of 7 |
| State: California M&A | 12 of 15 |
| Country: United States M&A | 83 of 108 |
| Year: 2021 M&A | 1 of 10 |
| Size (of disclosed) | 3 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-29 |
Homepoint
Ann Arbor, Michigan, United States Homepoint is a mortgage banking business that is focused on residential mortgage origination, servicing, and asset management. Homepoint was founded in 2014 and is based in Ann Arbor, Michigan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-18 |
Allied Benefit Systems
Chicago, Illinois, United States Allied Benefit Systems is an independent third-party administrator of group health benefits to self-insured employers. Allied provides customized benefits solutions, medical management and cost control strategies to self-insured employer groups across the U.S. The company offers a broad array of network options, pharmacy solutions and care management strategies to enable its customers to reduce costs and drive improved member satisfaction. Allied Benefit Systems was founded in 1980 and is based in Chicago, Illinois. |
Buy | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 90.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Insight Partners is a growth capital investment firm focused on early to later stage investments principally in the software sector. Insight Partners was formed in 1995 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 80 of 99 |
| Sector: Information Services M&A | 2 of 3 |
| Type: Going Private M&A Deals | 5 of 8 |
| State: California M&A | 16 of 19 |
| Country: United States M&A | 66 of 79 |
| Year: 2021 M&A | 1 of 6 |
| Size (of disclosed) | 3 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-14 |
Comply365
Beloit, Wisconsin, United States Comply365 is a provider of mobile-first, enterprise content management solutions to the aviation industry. Comply365’s solutions enable airline employees to access mobile manuals, complete checklists, review digital flight plans, complete training, and stay in compliance in a highly-regulated environment in real-time on any device. Comply365 was founded in 2007 and is based in Beloit, Wisconsin. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-05 |
E2open
Austin, Texas, United States E2open is a provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative planning and execution across global trading networks. E2open was founded in 2000 and is based in Austin, Texas. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 385M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Cohesive Capital Partners is private equity co-investment firm. The Firm looks to invest and work alongside deal sponsors in small to mid-sized companies and will consider businesses operating in any sector. Prospective deal situations include buyouts, growth equity financings, and other opportunistic situations. Cohesive Capital Partners was formed in 2010 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 31 |
| Sector: Information Services M&A | 3 of 3 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: California M&A | 4 of 5 |
| Country: United States M&A | 21 of 29 |
| Year: 2021 M&A | 1 of 6 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-09 |
Ingram Micro
Irvine, California, United States Ingram Micro is a wholesale technology distributor and a global provider of IT supply-chain, mobile device lifecycle services, and logistics solutions. Ingram Micro distributes and markets a large variety of technology and mobility products from companies such as Acer, Apple, Cisco, Citrix, Hewlett-Packard, IBM, Lenovo, Microsoft, Samsung, Symantec, VMware, and others. Ingram Micro was founded in 1979 and is based in Irvine, California. |
Buy | $7.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-10 |
MissionWired
Washington, District of Columbia, United States MissionWired provides a full suite of integrated marketing solutions that connect clients with donors to improve digital fundraising results. MissionWired was founded in 2007 and is headquartered in Washington DC. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2008 |
| PE ASSETS | 5.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Serent Capital is a private equity firm focused on investing in profitable, growing businesses featuring scalable business models and operating in sectors undergoing significant change. Serent looks for companies with $5 to $100 million in growing annual sales where it can commit $20 to $200 million of capital. Target transaction situations include buyouts, recapitalizations, and growth financings. Serent Capital was formed in 2008 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 51 of 77 |
| Sector: Information Services M&A | 1 of 1 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: California M&A | 6 of 12 |
| Country: United States M&A | 48 of 73 |
| Year: 2021 M&A | 4 of 14 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-02 |
People2.0
King of Prussia, Pennsylvania, United States People2.0 is a tech-enabled workforce deployment platform that provides employer of record/agent of record services and associated back-office support to staffing & recruiting firms, managed service providers, online recruitment platforms, recruitment process outsourcing, compliance service companies, and other talent acquisition service providers. People2.0 was founded in 2001 and is based in King of Prussia, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-24 |
CoConstruct
Charlottesville, Virginia, United States CoConstruct is a provider of cloud-based project management tools help independent builders and remodelers coordinate their projects, communicate better with clients & crews, and control the financials of their jobs. CoConstruct was founded in 2005 and is based in Charlottesville, Virginia. |
Sell | - |
