Investment Summary

TA Associates and KKR Invest In Söderberg & Partners

On December 15, 2014, private equity firms TA Associates and KKR invested in insurance company Söderberg & Partners

Investment Highlights
  • This is TA Associates’ 5th and KKR’s 5th transaction in the Insurance sector.
  • This is TA Associates’ 3rd and KKR’s 3rd transaction in Sweden.

Investment Summary

Date 2014-12-15
Target Söderberg & Partners
Sector Insurance
Investor(s) TA Associates
KKR
Deal Type Growth Capital

Target

Söderberg & Partners

Stockholm, Sweden
Söderberg & Partners is an independent advisor and provider of insurance and other financial products. The Company offers a wide range of services and products within multiple business areas, including life and non-life insurance consulting, wealth management, and securities. Söderberg & Partners was founded in 2004 and is based in Stockholm, Sweden.

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Investor(S) 2

Investor

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 222 of 374
Sector: Insurance M&A 5 of 11
Type: Growth Capital M&A Deals 80 of 135
Country: Sweden M&A 3 of 6
Year: 2014 M&A 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-04 MedSolutions

Franklin, Tennessee, United States

MedSolutions is a provider of medical cost management services for commercial and Medicaid payors.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Hana Group

Levallois-Perret, France

Hana Group is a global operator of in-store food kiosks in all retail formats and high traffic areas, offering ultra-fresh food on-the-go prepared by chefs in front of consumers, providing in-store entertainment and continuous product and concept innovation. Initially focused on sushi kiosks, Hana Group has developed other concepts, including pan-Asian food, as well as Italian and Mediterranean cuisines and operates under a portfolio of 14 brands. Hana Group was founded in 2012 and is based in Levallois-Perret, France.

Buy -
Investor

KKR

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

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 164 of 499
Sector: Insurance M&A 5 of 15
Type: Growth Capital M&A Deals 19 of 81
Country: Sweden M&A 3 of 6
Year: 2014 M&A 25 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-04 Arbor Pharmaceuticals

Atlanta, Georgia, United States

Arbor Pharmaceuticals is a specialty pharmaceutical company with a diversified portfolio of branded products across multiple therapeutic areas for the cardiovascular, pediatric, and hospital markets as well as generic products through its Wilshire division. Arbor Pharmaceuticals is based in Atlanta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 Veresen Midstream

Calgary, Alberta, Canada

Veresen Midstream is an independent natural gas gathering and processing business in Western Canada. Veresen Midstream was founded in 2014 and is based in Calgary, Alberta.

Buy -