M&A Deal Summary |
|
|---|---|
| Date | 2017-03-06 |
| Target | InterSwitch |
| Sector | Financial Services |
| Buyer(s) |
TA Associates
LeapFrog Investments |
| Sellers(s) |
Helios Investment Partners
Adlevo Capital |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1968 |
| PE ASSETS | 65.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 259 of 374 |
| Sector: Financial Services M&A | 39 of 51 |
| Type: Secondary Buyout M&A Deals | 32 of 74 |
| Country: Nigeria M&A | 1 of 1 |
| Year: 2017 M&A | 8 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-06 |
ITRS Group
London, United Kingdom ITRS Group is an international software vendor to the financial services sector, offering real-time monitoring and analytics software. The company provides solutions to transform masses of business and machine data into actionable insights, supporting better systems and business performance. ITRS serves more than 170 global clients, including 9 out of the top 10 investment banks, as well as exchanges and trading venues, hedge funds, and brokers and vendors. ITRS Group was founded in 1997 and is based in London, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-07 |
Fincare
Bengaluru, India Fincare enables financial inclusion of the underbanked base of pyramid, mass retail and micro & small enterprise segments. Fincare was founded in 2007 and is based in Bengaluru, Karnataka. |
Buy | - |
LeapFrog Investments is a private equity firm focused on opportunities across Asia and Africa. The Firm looks to invest $10 to $50 million per transaction to fund high-growth, financial services and healthcare businesses operating in fast growing markets. LeapFrog is an active investor and looks to support portfolio companies with operations, sales, human resources, and other core business functions. LeapFrog Investments was formed in 2007 and is headquartered in Ebene, Mauritius.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 35 |
| Sector: Financial Services M&A | 7 of 13 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: Nigeria M&A | 2 of 2 |
| Year: 2017 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-01 |
Shriram Group
Chennai, India Shriram Group distributes low-cost, high-quality financial services including insurance, savings, and investment products to the emerging Indian consumer. Shriram Group was founded in 1974 and is based in Chennai, India. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-07 |
Fincare
Bengaluru, India Fincare enables financial inclusion of the underbanked base of pyramid, mass retail and micro & small enterprise segments. Fincare was founded in 2007 and is based in Bengaluru, Karnataka. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.6B USD |
| Size | Large |
| Type | Sector Agnostic |
Helios Investment Partners is a pan-African private equity firm. Helios looks to commit $15 to $200 million per transaction and will consider a broad range of investment situations. These include leveraged buyouts, recapitalizations, joint ventures, seed-stage venture capital, restructurings, and strategic public equity investments. Helios is a generalist investor however the firm has particular interest in communications, financial services, power, travel/leisure, distribution/logistics, and agriculture. Helios was formed in 2004 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 11 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 1 of 2 |
| Country: Nigeria M&A | 3 of 3 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-01 |
Axxela
Lagos, Nigeria Axxela was a pioneer developer of Nigeria’s foremost natural gas distribution network and has grown to become the largest private sector gas distributor. Axxela is based in Lagos, Nigeria. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-24 |
Solevo
Geneva, Switzerland Solevo is a specialty chemicals distribution platform operating across eight countries in West and Central Africa, delivering critical inputs to high GDP contributing sectors in life sciences and industrials. Solevo offers a one-stop-shop for a range of inputs and chemicals including agriculture, also providing support for over one million small holder farmers, helping them to secure their livelihoods through increased yields and greater crop security, resulting in improved food security and climate resilience across Africa. Solevo was founded in 1918 and is based in Geneva, Switzerland. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| Size | Small |
| Type | Sector Focused |
Adlevo Capital is a private equity firm focused on growth-oriented companies in Sub-Saharan Africa. Adlevo generally looks to make equity and equity-linked investments in rapidly growing private companies at various stages of development. Prospective companies typically benefit from technology or technology-driven processes. Adlevo Capital was formed in 2007 and is based in Lagos, Nigeria.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| Country: Nigeria M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-16 |
SOLO Phone Nigeria
Lagos, Nigeria SOLO Phone Nigeria is an experience-driven digital content and mobile device company focused on delivering content and services on the mobile platform to African consumers. The SOLO management team brings an unusual blend of global sector expertise and deep knowledge of African markets that enable the team to conceive and implement a market-leading, mobile consumer proposition uniquely suited to African markets. SOLO Phone Nigeria was founded in 2012 and is based in Lagos, Nigeria. |
Buy | - |
