M&A Deal Summary |
|
|---|---|
| Date | 2024-02-09 |
| Target | PMA Financial Network |
| Sector | Financial Services |
| Buyer(s) | TA Associates |
| Sellers(s) |
Promus Equity Partners
Estancia Capital Management |
| Deal Type | Secondary Buyout |
| Advisor(s) | Jefferies (Financial) Kirkland & Ellis (Legal) |
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 | 361 of 374 |
| Sector: Financial Services M&A | 50 of 51 |
| Type: Secondary Buyout M&A Deals | 67 of 74 |
| State: Illinois M&A | 14 of 15 |
| Country: United States M&A | 264 of 270 |
| Year: 2024 M&A | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-25 |
Procare Solutions
Denver, Colorado, United States Procare Solutions is a provider of child care management software, integrated payment processing, technology and services. The company supports over 30,000 preschools, daycare centers, after-school programs, camps and related facilities with a broad product suite that serves the complex and unique demands of the child care market. With Tuition Express, the company’s integrated payment processing platform, Procare saves schools time and cost, providing seamless bank reconciliations and speedy electronic payment delivery. Procare is the trusted partner to schools and parents across the United States. Procare offers both a desktop solution and cloud hosting, and supports customers of all sizes from single-center operations to complex multinational enterprises. Procare Solutions was founded in 1992 and is based in Denver, Colorado. |
Sell | $1.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-19 |
Agilio Software
Sheffield, United Kingdom Agilio Software is a provider of saas based compliance and hr services into the dental market via its two main product lines, icomply and total hr. These are essential clinical services for dental practices to ensure regulatory and cqc compliance, free up practice managers time and drive operational excellence, in a market underpinned by complex and changing clinical regulation. Agilio Software is based in Sheffield, United Kingdom. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 700M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Promus Equity Partners is a private investment firm affiliated with Promus Holdings, a multi-family office. Promus looks to fund buyouts, management buyouts, and recapitalizations as well as growth equity financings and strategic add-ons for existing portfolio companies. Sectors of interest include consumer products, food, beverages, industrial products, specialty materials, distribution, and business services. Target platform companies generally have up to $15 million of EBITDA. Promus Equity Partners was founded in 2011 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 10 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 7 of 8 |
| State: Illinois M&A | 2 of 3 |
| Country: United States M&A | 8 of 10 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-06 |
Cast-Crete USA
Seffner, Florida, United States Cast-Crete USA is a manufacturer and distributor of precast and prestressed concrete lintels and sills. Cast-Crete USA was established in 1955 and is based in Seffner, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-30 |
Caputo Cheese
Melrose Park, Illinois, United States Caputo Cheese is a manufacturer of the dairy products, crafts, processes, and blends high-quality cheeses. Caputo Cheese was founded year 1978 and is based in Melrose Park, Illinois. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2010 |
| PE ASSETS | 603M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Estancia Capital Management is a private equity group focused on acquiring or investing in mid-sized asset management companies. The Firm looks to commit $10 to $70 million per opportunity and can support a variety of transaction situations including divestitures, buyouts, growth capital financings, and successions. Estancia Capital Management was founded in 2010 and is based in Scottsdale, Arizona.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-22 |
Abel Noser
New York, New York, United States Abel Noser is a provider of effective trading services and trade analytics globally to institutional asset owners, investment managers, and brokers. Abel Noser was founded in 1975 and is based in New York City. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-11 |
Flagstone
London, United Kingdom Flagstone is a fintech company that provides white-label and API-integrated capabilities for businesses to offer their customers easy-to-use, adaptable, and competitive savings options. Flagstone’s proprietary technology platform enables banks to access cash deposits while providing underlying customers with valuable cash management solutions. Flagstone was formed in 2015 and is based in Lonodn, United Kingdom. |
Buy | - |
