M&A Deal Summary |
|
|---|---|
| Date | 2021-01-15 |
| Target | Coaction |
| Sector | Insurance |
| Buyer(s) |
TowerBrook Capital Partners
Further Global |
| Deal Type | Going Private |
| Deal Value | 586M USD |
| Advisor(s) | Barclays Investment Bank Goldman Sachs (Financial) Ropes & Gray Sullivan & Cromwell (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 22.8B USD |
| Size | Mega |
| Type | Sector Agnostic |
TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 73 of 101 |
| Sector: Insurance M&A | 5 of 5 |
| Type: Going Private M&A Deals | 3 of 4 |
| State: New Jersey M&A | 1 of 2 |
| Country: United States M&A | 31 of 42 |
| Year: 2021 M&A | 1 of 10 |
| Size (of disclosed) | 7 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-09 |
AA
Basingstoke, United Kingdom AA is a provider of insurance broking, insurance underwriting and driving services. AA was founded in 1905 and is based in Basingstoke, United Kingdom. |
Buy | £3.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-09 |
US Acute Care Solutions
Canton, Ohio, United States US Acute Care Solutions is a physician-owned integrated acute care platform, providing physician staffing and management services primarily focused on the emergency department. US Acute Care Solutions was founded in 2015 and is based in Canton, Ohio. |
Buy | - |
Further Global Capital Management is a private equity firm firm focused on the financial services sector. The Firm looks to commit $75 to $200 million to support a variety of investment situations including growth capital needs, management led buyouts, ownership transitions, divestitures, sponsor sales, distress recapitalizations, and buy-and-builds. Further Global Capital Management was established in 2017 and is headquartered in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 13 |
| Sector: Insurance M&A | 4 of 5 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: New Jersey M&A | 2 of 2 |
| Country: United States M&A | 7 of 9 |
| Year: 2021 M&A | 1 of 3 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-01 |
AA Insurance
Dublin, Ireland AA Insurance is a roadside assistance provider and insurance intermediary. It provides roadside repair and Rescue, and Motor, Home, Travel & Life insurance. It also provides technical and audit services notably for the Road Safety Authority. AA Insurance was founded in 2016 and is based in Dublin, Ireland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-06 |
PAI
Louisville, Kentucky, United States PAI is a provider of independent ATM deployments and portfolio management services. PAI delivers tools and services for ATM portfolio owners & operators, retailers, financial institutions, and independent operators/ISOs. PAI was founded in 2005 and is based in Louisville, Kentucky. |
Sell | $213M |
