M&A Deal Summary

TRP Capital Partners Acquires Endurance

On June 7, 2015, private equity firm TRP Capital Partners acquired insurance company Endurance

Acquisition Highlights
  • This is TRP Capital Partners’ 1st transaction in the Insurance sector.
  • This is TRP Capital Partners’ 12th transaction in the United States.
  • This is TRP Capital Partners’ 2nd transaction in Illinois.

M&A Deal Summary
Date 2015-06-07
Target Endurance
Sector Insurance
Buyer(s) TRP Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Colonnade Advisors LLC (Financial)

Target

Endurance

Northbrook, Illinois, United States
Endurance is a direct-to-consumer marketer, administrator, and payment plan provider for vehicle service contracts (VSCs). Endurance was founded in 2006 and is based in Northbrook, Illinois.

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Buyer(S) 1

Buyer

TRP Capital Partners

Birmingham, Michigan, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

TRP Capital Partners is a private investment firm focused on opportunities within the transportation industry. Specific areas of interest include auto dealerships, education/training, outsourced services, niche manufacturing, environmental, and distribution/logistics. The Firm prefers to control situations and targets companies valued from $25 to $250 million. TRP Capital Partners was formed in 1997 and is based in Birmingham, Michigan.

DEAL STATS #
Overall 13 of 19
Sector (Insurance) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 3 of 6
State (Illinois) 2 of 2
Country (United States) 12 of 18
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-09 Smith System

Arlington, Texas, United States

Smith System is a provider of accident avoidance driver training for vehicle fleets. Smith’s customers, many of whom are Fortune 500 companies, represent diverse end markets from logistics to pharmaceuticals. Smith System was formed in 1952 and is based in Arlington, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 QLS

Hendersonville, Tennessee, United States

QLS provides quality control, parts inspection & repair, and on-site representation for suppliers to manufacturing plants throughout North America. QLS was founded in 2004 and is based in Hendersonville, Tennessee.

Buy -
Mergr

Product

Company

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