M&A Deal Summary |
|
|---|---|
| Date | 2022-08-24 |
| Target | Onboard Partners |
| Sector | Financial Services |
| Buyer(s) | Stone Point Capital |
| Sellers(s) | ECN Capital |
| Deal Type | Divestiture |
| Deal Value | 210M USD |
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 | 106 of 120 |
| Sector: Financial Services M&A | 34 of 38 |
| Type: Divestiture M&A Deals | 5 of 8 |
| State: Massachusetts M&A | 5 of 5 |
| Country: United States M&A | 94 of 108 |
| Year: 2022 M&A | 2 of 2 |
| Size (of disclosed) | 14 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-05 |
Tivity Health
Franklin, Tennessee, United States Tivity Health is a provider of well-being improvement solutions. The Company uses the science of behavior change to produce and measure positive change in well-being for customers, which include employers, integrated health systems, hospitals, physicians, health plans, communities and government entities. Tivity Health was founded in 1981 and is based in Franklin, Tennessee. |
Buy | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-01 |
VensureHR
Chandler, Arizona, United States VensureHR is a provider of HR/HCM technology, managed services, and global business process outsourcing. VensureHR was founded in 2004 and is based in Chandler, Arizona. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 2016 |
| Sector | Financial Services |
| Employees | 720 |
| Revenue | 221M USD (2024) |
ECN Capital is a commercial finance company that operates across North America in three verticals of the commercial finance market (Rail Finance, Commercial & Vendor Finance, and Commercial Aviation Finance). ECN Capital was founded in 2016 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector: Financial Services M&A | 3 of 4 |
| Type: Divestiture M&A Deals | 3 of 4 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 3 of 4 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-10 |
Service Finance
Boca Raton, Florida, United States Service Finance originates and services prime and super-prime installment contracts to finance home improvement projects in the U.S. Originations are sourced through exclusive national vendor programs with top manufacturers and dealers. Service Finance was formed in 2004 and is based in Boca Raton, Florida. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-22 |
Red Oak Inventory Finance
Alpharetta, Georgia, United States Red Oak Inventory Finance specializes in providing inventory financing solutions to businesses across a variety of industries. Red Oak Inventory Finance is based in Alpharetta, Georgia. |
Sell | - |