Private Equity

Financial services

Long Ridge sells medical insurance claim settlements administrator Ametros to Webster Bank

The purchase price was $350 million.

1 min read · 26 January 2024

HGGC and Wealth Partners Capital Group back investment advisor True North

True North's management team will remain majority shareholders in the company.

1 min read · 24 January 2024

Carlyle buys $415m private student loan portfolio from Truist

Monogram is a Boston-based provider of finance solutions for students and their families.

2 min read · 24 January 2024

TA Associates' El-Nazer: 'Community banks are actually quite healthy'

TA recently joined Centerbridge and Bridgeport as backers of Computer Services Inc, a developer of software for community banks.

3 min read · 22 January 2024

Accounting services firm Harris CPAs inks investment from DFW

Concurrent with DFW’s investment, Michael J. O’Donnell, a DFW operating partner, has become the CEO of Harris CPAs.

1 min read · 19 January 2024

WCAS acquires fintech firm EquiLend

No financial terms were disclosed for the deal; however, WCAS is investing an additional $200 million to support EquiLend's growth initiatives and acquisitions.

1 min read · 19 January 2024

Blackstone bets Japan will embrace cashless transactions

The PE firm announced the acquisition of Sony Payment Services in December, marking its foray into Japan's fintech sector.

3 min read · 17 January 2024

AGF to acquire majority of Kensington to grow private markets biz

Based in Toronto, Kensington is an alternative investment firm with C$2.6 billion in assets under management.

2 min read · 16 January 2024

Castle Creek to invest $30m in financial holding company FirstSun

The funding will be used to back FirstSun's merger with HomeStreet, a financial services firm headquartered in Seattle.

1 min read · 16 January 2024

Flexpoint Ford backs investment advisor Public Trust

Public Trust's existing management team continue to lead the business and, along with the company's founders, remain significant shareholders.

1 min read · 16 January 2024

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