M&A Deal Summary |
|
|---|---|
| Date | 2024-05-21 |
| Target | Specialist Risk Group |
| Sector | Insurance |
| Buyer(s) |
Warburg Pincus
Temasek Holdings |
| Sellers(s) | HGGC |
| Deal Type | Secondary Buyout |
| Advisor(s) | Evercore Group (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1966 |
| PE ASSETS | 83.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 478 of 492 |
| Sector: Insurance M&A | 18 of 19 |
| Type: Secondary Buyout M&A Deals | 63 of 70 |
| Country: United Kingdom M&A | 27 of 27 |
| Year: 2024 M&A | 4 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-15 |
Xuyen A
Ho Chi Minh, Vietnam Xuyen A is a private hospital group operating four large-format general hospitals in Southern Vietnam, offering tertiary care across more than 20 specialties. Xuyen A is based in Ho Chi Minh, Vietnam. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-27 |
Duetto
San Francisco, California, United States Duetto provides hotel professionals with cutting-edge solutions to optimize demand, maximize rate, and minimize cost. Duetto delivers software-as-a-service to hotels and casinos that leverage dynamic data sources and actionable insights into pricing and demand across the enterprise, enabling a holistic and more profitable Revenue Strategy. Duetto was founded in 2012 and is based in San Francisco, California. |
Sell | - |
| Category | Sovereign Wealth Fund |
|---|---|
| Founded | 1974 |
| PE ASSETS | 434.0B SGD |
| Size | Mega |
| Type | Sector Agnostic |
Temasek Holdings is a state-owned investment holding company. Temasek is owned by the government of Singapore and invests directly and indirectly in a broad range of assets and sectors. Target sectors include financial services, telecommunications, media, technology, transportation, industrials, life science, consumer, real estate, energy, and resources. Temasek was formed in 1974 and is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 47 of 50 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 8 of 9 |
| Country: United Kingdom M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-29 |
Medica Superspecialty Hospital
Kolkata, India Medica Superspecialty Hospital provides health care at an affordable cost, in a safe and comfortable environment, in a transparent and ethical manner. Medica Superspecialty Hospital was founded in 2010 and is based in Kolkata, West Bengal. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-30 |
Neoen
Paris, France Neoen develops, finances, builds and operates green power facilities in France, enabling farmers, local authorities and companies to realize their renewable energy potential. Neoen offers a range of technologies capable of providing a rapid, large-scale response to the objectives drawn up by France's "Grenelle Environnement" think-tank and to France's energy ambitions, by generating power from various sources: solar photovoltaic, on- and offshore wind, biomass, and methane recovery. Neoen was founded in 2008 and is based in Paris, France. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 8.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HGGC focuses on middle-market leveraged buyouts, growth equity financings, recapitalizations, take privates, and corporate divestitures. The Firm primarily targets North American companies, but will consider international opportunities as well. HGGC looks for companies with at least $100 million in revenue. HGGC primarily targets enterprise software companies, however, the Firm will also consider opportunities in business services, consumer services, financial services, healthcare, industrial services, and information services. HGGC was formed in 2007 and is based in Palo Alto, California.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 27 |
| Sector: Insurance M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 5 of 7 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2024 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-31 |
Mi9 Retail
Fort Lauderdale, Florida, United States Mi9 Retail is a provider of an enterprise retail merchandising, business intelligence, and store operations software. Mi9’s solutions enabled retailers to automate and optimize their entire Plan-to-Sell process, from planning to executing, influencing, and selling merchandise in-store, online, and on any device. Mi9 Retail was founded in 2001 and is based in Fort Lauderdale, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-22 |
Dynata
Shelton, Connecticut, United States Dynata is a global provider of data solutions and technology for consumer and B2B survey research. Dynata reaches participants in 90+ sample countries via internet, telephone, mobile/wireless and mixed-access offerings. Dynata was founded in 1977 and is based in Shelton, Connecticut. |
Sell | - |