Explore All 709 Divestiture Financial Services Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | April 28, 2018 |
| Target | Du Xiaoman Financial |
| Sector | Financial Services |
| Buyer(s) |
TPG
The Carlyle Group CPP Investments |
| Sellers(s) | Baidu |
| Deal Type | Divestiture |
| Deal Value | 1.9B USD |
FILTER BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| Deal Context for Buyer | # |
|---|---|
| Overall | 322 of 453 |
| Sector: Financial Services | 21 of 27 |
| Type: Divestiture | 27 of 41 |
| Country: China | 18 of 20 |
| Year: 2018 | 12 of 34 |
| Size (of disclosed) | 45 of 114 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-23 |
Curo Health Services
Mooresville, North Carolina, United States Curo Health Services is a provider of home healthcare and hospice services throughout various communities across the country. Guided by a patient’s physician, Curo’s team of clinicians combine clinical expertise with dedicated and compassionate care to help patients increase their independence and live a better quality of life. Curo Health Services was founded in 2010 and is based in Mooresville, North Carolina. |
Buy | $1.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-03 |
Renaissance
Wisconsin Rapids, Wisconsin, United States Renaissance is a provider of technology-based school improvement and student assessment programs for pre-kindergarten through to senior high (pre-K-12, aged 5-18) schools and districts. The company's products and services, adopted by more than 70,000 schools, are primarily focused on two curriculum areas: reading and mathematics. Renaissance was founded in 1986 and is based in Wisconsin Rapids, Wisconsin. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 435.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.
| Deal Context for Buyer | # |
|---|---|
| Overall | 616 of 750 |
| Sector: Financial Services | 45 of 48 |
| Type: Divestiture | 64 of 74 |
| Country: China | 57 of 65 |
| Year: 2018 | 7 of 26 |
| Size (of disclosed) | 39 of 137 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-05 |
Accolade Wines
Reynella, Australia Accolade Wines is a global wine company with brands sold in over 80 countries including Australia, the UK, Mainland Europe, the US, Canada, Japan and China. Accolade Wines is based in Reynella, Australia. |
Buy | AU$1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-09 |
ADT Korea
Seoul, South Korea ADT Korea is a provider of advanced security solutions in Korea, serving more than 427,000 customers through a network of 69 branches nationwide. The business provides central monitoring services, with video surveillance and dispatch, access control and other customized security solutions as well as guarding services. The business is headquartered in Seoul, Korea, with approximately 7,500 employees. |
Sell | ₩3.0B |
CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.
| Deal Context for Buyer | # |
|---|---|
| Overall | 57 of 176 |
| Sector: Financial Services | 4 of 13 |
| Type: Divestiture | 9 of 18 |
| Country: China | 5 of 19 |
| Year: 2018 | 9 of 19 |
| Size (of disclosed) | 39 of 60 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-26 |
Mitchell
San Diego, California, United States Mitchell is a provider of information, workflow, and performance management solutions to the automotive insurance claims and collision repair industries. Mitchell was founded in 1946 and is based in San Diego, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-01 |
Edelman Financial Engines
Boston, Massachusetts, United States Edelman Financial Engines is a financial planning and investment management firm. Edelman Financial Engines was founded in 1986 and is based in Boston, Massachusetts. |
Buy | $3.0B |
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Internet Software and Services |
| Employees | 35,900 |
| Revenue | 133.1B CNY (2024) |
Baidu is a Chinese language Internet search provider. Baidu aims to provide a way for people to find whatever they're looking for. In addition to serving individual Internet search users, Baidu provides a platform for businesses to reach potential customers. Baidu was founded in 2000 and is based in Beijing, China.
| Deal Context for Seller | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Financial Services | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: China | 2 of 3 |
| Year: 2018 | 1 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-05 |
Kitt.ai
Seattle, Washington, United States Kitt.ai is a Seattle artificial intelligence startup that’s developing a conversational language engine known as ChatFlow and a “hotword” detection platform known as Snowboy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-27 |
Uxin
Beijing, China Uxin is a professional online transaction service provider for used cars. Uxin makes use of its proprietary "CheckAuto" system and advanced vehicle identification capabilities to ensure the quality of vehicles sold through its platform. Uxin was founded in 2011 and is based in Beijing, China. |
Sell | - |
