Private Equity

Financial services

PE-backed Mercer Advisors snaps up wealth management firm MDK

Based in Denver, Mercer Advisors is a wealth management and financial planning firm.

1 min read · 05 March 2024

PCS Retirement inks majority investment from Lee Equity Partners

As part of the transaction, LLR Partners will exit its investment in PCS.

2 min read · 04 March 2024

MDP-backed Navacord snaps up Avant Insurance  

Avant Insurance is a brokerage specializing in both personal and commercial lines.

1 min read · 29 February 2024

Payment tech offers everything private equity firms like GTCR love

'All commerce ultimately requires payment, so the space is always highly relevant and evolving,' said GTCR's Aaron Cohen.

5 min read · 28 February 2024

Pretium inks investment from HPC

The capital infusion will be used to support the growth of Pretium's existing strategies.

1 min read · 27 February 2024

CDPQ to sell 2.3m common shares of Intact Financial Corp

IFC is a property and casualty insurance provider.

2 min read · 27 February 2024

Barclays Bank Delaware to sell $1.1bn credit card receivables to Blackstone

The transaction is expected to close in the first quarter of this year.

1 min read · 27 February 2024

Lightyear invests in Prime Pensions

William Blair & Company served as financial advisor to Lightyear on the deal.

1 min read · 26 February 2024

Nordic Capital bets big on core banking systems

Nordic Capital has offices across the world, including in New York, and invests in financial software companies, among others.

3 min read · 23 February 2024

Truist to sell remaining stake in Truist Insurance Holdings to Stone Point and CD&R-led investor group for $15.5bn

Mubadala Investment Company and other co-investors are also participating in the investment.

2 min read · 20 February 2024

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