Investment Summary

Thomas H. Lee Partners Invests In Guaranteed Rate

On December 14, 2017, private equity firm Thomas H. Lee Partners invested in financial services company Guaranteed Rate

Investment Highlights
  • This is Thomas H. Lee Partners’ 6th transaction in the Financial Services sector.
  • This is Thomas H. Lee Partners’ 52nd transaction in the United States.
  • This is Thomas H. Lee Partners’ 2nd transaction in Illinois.

Investment Summary
Date 2017-12-14
Target Guaranteed Rate
Sector Financial Services
Investor(s) Thomas H. Lee Partners
Deal Type Growth Capital
Advisor(s) Goldman Sachs (Financial)
Latham & Watkins
Kirkland & Ellis (Legal)

Target

Guaranteed Rate

Chicago, Illinois, United States
Guaranteed Rate is a retail mortgage lender in the United States. The Company operates through three distribution channels: distributed retail, online direct-to-consumer and Guaranteed Rate Affinity, a joint-venture with Realogy Holdings Corporation (“Realogy”) established in 2017. Guaranteed Rate was founded in 2000 and is based in Chicago, Illinois.

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Investor(S) 1

Investor

Thomas H. Lee Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1974
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Thomas H. Lee Partners (THL) is a private equity firm that seeks buyout, expansion, consolidation, distressed, and recapitalization investments across various industries. Sectors of interest include business and information services, consumer products/retail, financial services, healthcare, industrial, and media/communications. THL looks to invest $100 to $400 million in companies valued up to $2.5 billion. THL was formed in 1974 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 62 of 90
Sector (Financial Services) 6 of 6
Type (Growth Capital) 4 of 8
State (Illinois) 2 of 4
Country (United States) 52 of 77
Year (2017) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-25 Hightower

Chicago, Illinois, United States

HighTower provides its services to individuals, high net worth individuals, endowments and foundations, institutions, ERISA and other retirement accounts, pension and taft-hartley plans, pension and profit sharing plans, trusts, estates, charitable organizations, corporations, and institutional organizations such as colleges, universities. It manages separate client focused portfolios. Hightower was founded in 2008 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-08 Alfresco Software

Wellesley, Massachusetts, United States

Alfresco Software, Inc. is an enterprise open-source software company focused on making business flow quickly, seamlessly, and intelligently, by driving the convergence of enterprise content management and business process management. Alfresco Software was founded in 2005 and is based in Wellesley, Massachusetts.

Buy -
Mergr

Product

Company

Legal