Buyer(S) 3
Buyer
Stone Point Capital
Greenwich, Connecticut, United States 
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 25.0B USD |
| Size | Mega |
| Type | Sector Focused |
DESCRIPTION
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 $5 and $500 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 | 110 of 112 |
| Sector (Insurance) | 31 of 31 |
| Type (Divestiture) | 7 of 7 |
| State (North Carolina) | 2 of 2 |
| Country (United States) | 97 of 99 |
| Year (2024) | 3 of 5 |
| Size (of disclosed) | 1 of 16 |
PREVIOUS DEAL
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-16 | HireRight Nashville, Tennessee, United States HireRight is a global background screening company that offers innovative solutions to help organizations screen and manage their workforce. HireRight was founded in 1990 and is based in Nashville, Tennessee. | Buy | $1.7B |
FOLLOWING DEAL
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-02 | SunFire Clifton, New Jersey, United States SunFire is a SaaS technology company providing transformative and proven IT solutions and services to support the rapidly growing Medicare market. The company's core quoting and enrollment technologies enable brokers to compliantly sell Medicare Advantage, Prescription Drug, and Medicare Supplement plans within a proprietary cloud-based platform. It delivers innovative post-enrollment engagement solutions providing third-party verification technology and advocate services, ensuring the beneficiary's intent to enroll, health risk assessment completion as well as the activation of plan benefits. SunFire is based in Clifton, New Jersey. | Sell | - |
Buyer
New York, New York, United States
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 30.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
DESCRIPTION
Clayton, Dubilier & Rice LLC (CD&R) is a large private equity firm that targets non-core divestitures of large corporations, growth equity financings, traditional buyouts, and corporate/family partnerships. CD&R looks for opportunities in North America, Western Europe, and Asia and will consider businesses in a wide range of sectors including consumer/retail, healthcare, industrials, and services. Prospective companies generally lead their respective markets, have stable cash flows, and possess competitive advantages through differentiated products, services, or processes. CD&R was formed in 1978 and has offices in New York City and London.
| DEAL STATS | # |
|---|---|
| Overall | 90 of 92 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 25 of 25 |
| State (North Carolina) | 6 of 6 |
| Country (United States) | 65 of 67 |
| Year (2024) | 2 of 4 |
| Size (of disclosed) | 1 of 34 |
PREVIOUS DEAL
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-31 | Foundation Building Materials Santa Ana, California, United States Foundation Building Materials is a specialty building products distributor of gypsum wallboard, suspended ceiling systems, metal framing, insulation, and complementary products throughout North America. Foundation Building Materials was founded in 2011 and is based in Santa Ana, California. | Buy | - |
FOLLOWING DEAL
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-02 | Presidio New York, New York, United States Presidio is a technology services and solutions provider that builds traditional IT foundations and offers deep expertise in automation, security, networking, digital transformation, and cloud computing, It develops custom applications, provides managed services, enables actionable data insights, and builds forward-thinking solutions that drive extraordinary outcomes for customers globally. Presidio was founded in 2003 and is based in New York City. | Buy | - |
Buyer
Mubadala Capital
| Category | Sovereign Wealth Fund |
|---|---|
| Founded | 2002 |
| PE ASSETS | 276.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
DESCRIPTION
Mubadala Capital is a private equity firm focused on investing capital across a range of assets worldwide. The Firm primarily invests in private and public assets, but also considers credit, real estate, and alternatives. Mubadala invests in a variety of sectors including industrials, healthcare, energy, renewables, financial services, infrastructure, and business services. Mubadala Capital was founded in 2008 and is headquartered in Abu Dhabi, United Arab Emirates.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 43 |
| Sector (Insurance) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (North Carolina) | 1 of 1 |
| Country (United States) | 12 of 12 |
| Year (2024) | 1 of 3 |
| Size (of disclosed) | 1 of 6 |
PREVIOUS DEAL
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-09 | Looping Saint-Malo, France Looping is a pan-European leisure park operator that owns and operates 18 local and regional leisure parks, including theme parks, waterparks, wildlife parks, and aquariums, attracting over six million visitors a year. The group’s parks span eight European countries, including France, the UK, Spain, Switzerland, the Netherlands, Croatia, Germany, and Portugal. Looping was founded in 2011 and is based in Saint-Malo, France. | Sell | - |
FOLLOWING DEAL
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-24 | RelyOn Nutec Copenhagen, Denmark RelyOn Nutec is a provider of safety training for the offshore, wind, and maritime industries. The company currently operates 33 trainings centers located in 20 countries and is today by far the largest within its industry. RelyOn Nutec was founded in 1968 and is based in Copenhagen, Denmark. | Buy | - |
Seller(S) 1
SELLER
Truist
Washington, District of Columbia, United States| Category | Company |
|---|---|
| Founded | 2008 |
| Sector | Business Services |
DESCRIPTION
Truist connects donors and volunteers with worthy causes around the world. Our mission is to reach more contributors - more effectively and with the utmost cost efficiency - by leveraging our people, our comprehensive service suite, and our technology.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (North Carolina) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
PREVIOUS DEAL
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-06 | Truist Retirement Recordkeeping Business Charlotte, North Carolina, United States Truist Retirement Recordkeeping Business includes more than 1,200 retirement plans, consisting of approximately 125,000 plan participants and $5 billion in assets. | Sell | - |
