M&A Deal Summary |
|
---|---|
Date | 2007-09-05 |
Target | Ruesch International |
Sector | Financial Services |
Buyer(s) | Travelex Global Business Payments |
Sellers(s) | Welsh Carson Anderson & Stowe |
Deal Type | Add-on Acquisition |
Deal Value | 450M USD |
Advisor(s) | Lane, Berry & Co. International LLC Wells Fargo Securities (Financial) |
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Category | Company |
---|---|
Sector | Financial Services |
Revenue | 150M GBP (2011) |
Travelex Global Business Payments conducts business payments annually for 35,000 customers in 14 countries. Travelex provides payments services to a variety of business clients, including over 500 financial institutions.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Financial Services) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (District of Columbia) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2007) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Private Equity Firm |
---|---|
Founded | 1979 |
PE ASSETS | 31.0B USD |
Size | Mega |
Type | Sector Focused |
Welsh Carson Anderson & Stowe (WCAS) is a mega-sized, specialist private equity firm focused on investments in growth-oriented companies operating within the healthcare and technology/tech-enabled services industries. WCAS will consider small and large transactions; including venture investments, growth equity investments, buy-and-build transactions, public-to-private acquisitions, and corporate carve-outs. The Firm prefers control situations and generally seeks opportunities in the US. Welsh Carson Anderson & Stowe was formed in 1979 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 18 of 75 |
Sector (Financial Services) | 2 of 2 |
Type (Add-on Acquisition) | 10 of 44 |
State (District of Columbia) | 1 of 1 |
Country (United States) | 17 of 72 |
Year (2007) | 4 of 5 |
Size (of disclosed) | 25 of 33 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-07-03 |
Paycom
Oklahoma City, Oklahoma, United States Paycom is a cloud-based HCM software solution delivered as Software-as-a-Service. The Company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Paycom's solution requires virtually no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and HR management applications. Paycom was established in 1998 and is headquartered in Oklahoma City, Oklahoma. |
Buy | $56M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-09-24 |
MemberHealth
Solon, Ohio, United States MemberHealth, Inc. Provider of prescription drug benefits and a national Medicare Part D sponsor. |
Sell | $650M |