Investment Summary |
|
|---|---|
| Date | 2009-07-05 |
| Target | PartnerRe |
| Sector | Insurance |
| Investor(s) |
Vestar Capital Partners
New Mountain Capital Crestview Partners Hellman & Friedman Ridgemont Equity Partners Stone Point Capital HarbourVest Partners |
| Deal Type | PIPE |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 11.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Vestar Capital Partners is a private equity firm that targets management buyouts and growth capital investments across North America and Europe in the consumer, business services, and healthcare sectors. The Firm looks to invest $50 to $150 million in transactions valued up to $1 billion. Specific areas of interest include food, apparel, household goods, retail, consumer services, industrial services, information services, manufacturing, distribution, transportation, financial services, media/communications, digital health media, and medical technology. Vestar Capital Partners was formed in 1988 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 60 of 86 |
| Sector: Insurance M&A | 6 of 7 |
| Type: PIPE M&A Deals | 1 of 1 |
| Country: Bermuda M&A | 3 of 4 |
| Year: 2009 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
Paris Re Holdings
Zug, Switzerland Paris Re Holdings Ltd. is a property and casualty reinsurer with a global market presence. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-01 |
Birds Eye Foods
Rochester, New York, United States Birds Eye Foods, Inc. is a food marketing company. Its familiar brands in the frozen aisle include Birds Eye, Birds Eye Voila!, C&W, Freshlike and McKenzie's. |
Sell | $1.3B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 1999 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 103 |
| Sector: Insurance M&A | 3 of 7 |
| Type: PIPE M&A Deals | 2 of 3 |
| Country: Bermuda M&A | 2 of 2 |
| Year: 2009 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
Paris Re Holdings
Zug, Switzerland Paris Re Holdings Ltd. is a property and casualty reinsurer with a global market presence. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-02-22 |
RedPrairie
Alpharetta, Georgia, United States RedPrairie Corp. is a developer and marketer of software for managing warehousing and transportation logistics. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Crestview Partners is a private equity firm focused on challenging investment situations. Crestview targets opportunities across a broad range of industries, with a special interest in asset management, media, healthcare and financial service companies. The Firm looks to commit $100 to $250 million of equity capital in transactions valued between $500 million and $3 billion. Crestview Partners was formed in 2004 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 55 |
| Sector: Insurance M&A | 2 of 4 |
| Type: PIPE M&A Deals | 1 of 2 |
| Country: Bermuda M&A | 1 of 2 |
| Year: 2009 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
Paris Re Holdings
Zug, Switzerland Paris Re Holdings Ltd. is a property and casualty reinsurer with a global market presence. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-17 |
Capital Bank Financial
Charlotte, North Carolina, United States Capital Bank Financial Corp. is a provider of various commercial and consumer banking, and ancillary financial services. |
Buy | $900M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 115.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Hellman & Friedman is a large private equity firm on the West Coast of the US. H&F focuses on control and minority investments in a variety of transaction structures and will consider opportunities across the US and Europe. H&F seeks buyouts and business in need of restructurings that operate in defensible markets with predictable revenue and earnings growth. Target sectors include financial services, healthcare, indusrial, energy, insurance, media, marketing, professional services, software, and information services. H&F's target equity investment size is $300 million to $1 billion. Hellman & Friedman was formed in 1984 and has offices in San Francisco, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 90 |
| Sector: Insurance M&A | 4 of 7 |
| Type: PIPE M&A Deals | 3 of 3 |
| Country: Bermuda M&A | 2 of 3 |
| Year: 2009 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
Paris Re Holdings
Zug, Switzerland Paris Re Holdings Ltd. is a property and casualty reinsurer with a global market presence. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-08-12 |
Change Healthcare
Nashville, Tennessee, United States Change Healthcare is a provider of revenue cycle management and clinical communication solutions that enables payers, providers and patients to improve healthcare business processes. Change Healthcare is based in Nashville, Tennessee. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ridgemont Equity Partners is an independent private equity firm specializing in middle-market buy-outs, corporate divestitures, recapitalizations and growth capital investments. The Firm targets to invest in companies located in North America, preferably in US and Canada. REP looks to invest up to $500 million in companies with EBIDTA of $5 - $50 million. The Firm seeks to hold both majority and minority equity interest in portfolio companies. Specific areas of interest include basin industries and services, energy, healthcare, telecommunications, media and technology. Ridgemont Equity Partners is a spun-off of Banc of America Capital Investors (BACI). Ridgemont Equity Partners was formed in August 2010 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 74 of 136 |
| Sector: Insurance M&A | 8 of 9 |
| Type: PIPE M&A Deals | 1 of 1 |
| Country: Bermuda M&A | 3 of 3 |
| Year: 2009 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
Paris Re Holdings
Zug, Switzerland Paris Re Holdings Ltd. is a property and casualty reinsurer with a global market presence. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-11-03 |
NuVox Communications
Greenville, South Carolina, United States NuVox Communications, Inc. is an integrated communications provider. NuVox is a competitive local exchange carrier (CLEC) offering comprehensive voice and data communications products and services to customers. NuVox delivers services via its industry MPLS-based wide area private IP network. |
Sell | $643M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Focused |
Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $75 and $750 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 120 |
| Sector: Insurance M&A | 18 of 34 |
| Type: PIPE M&A Deals | 2 of 3 |
| Country: Bermuda M&A | 4 of 7 |
| Year: 2009 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-05 |
Paris Re Holdings
Zug, Switzerland Paris Re Holdings Ltd. is a property and casualty reinsurer with a global market presence. |
Sell | $2.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-01 |
Higginbotham
Fort Worth, Texas, United States Higginbotham is an insurance, risk management, and financial services firm that provides its clients with access to commercial and personal property & casualty coverage, employee benefits, retirement plans, life insurance, and executive compensation solutions through more than 250 regional and national insurance carriers. Higginbotham was founded in 1948 and is based in Fort Worth, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 77 of 214 |
| Sector: Insurance M&A | 4 of 12 |
| Type: PIPE M&A Deals | 2 of 3 |
| Country: Bermuda M&A | 1 of 3 |
| Year: 2009 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-03 |
Servista
London, United Kingdom Servista Ltd. provides commodity utility services for retail and banking institutions. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-08-01 |
VCST Industrial Products N.V.
St.-Truiden, Belgium VCST Industrial Products N.V. is a designer and producer of precision gears for engines and transmissions, transmission shafts and brake system components, for cars, trucks as well as off-road vehicles. |
Sell | - |
