Private Equity

Financial services

IK to sell Recocash

Qualium Investissement has agreed to acquire Recocash from IK Partners.

2 min read · 14 April 2022

Madison Dearborn-backed Navacord acquires Beneplan

Navacord Corp, backed by Madison Dearborn Partners, has acquired Beneplan, a Toronto-based co-operative buying group focused on employee benefits.

3 min read · 13 April 2022

PolySign to buy MG Stover

PolySign Inc has agreed to acquire MG Stover, a digital fund administration firm.

3 min read · 13 April 2022

Apollo to invest in SWS

Apollo has agreed to invest in Siebert Williams Shank, a women and minority-owned financial services firm.

3 min read · 12 April 2022

Stephens backs CRUX

Stephens has acquired a minority ownership stake in CRUX Asset Management Ltd, an investment firm.

3 min read · 12 April 2022

Carlyle to buy Abingworth

Carlyle has agreed to acquire Abingworth, a life sciences investment firm.

4 min read · 11 April 2022

KKR to invest in SGI

KKR has agreed to acquire a minority stake in Shriram General Insurance, an India-based general insurance company.

2 min read · 11 April 2022

Fintech companies fill the gaps that banks left open, said LMP's Steve Pierson

"Financial services represents just 10% of US private equity investments, but players in the space are increasingly seeing this technological transformation occur across the entire fintech value chain and backing businesses sitting in the middle of these trends," LMP's Pierson said.

6 min read · 07 April 2022

PE-backed Millennium Trust to buy PayFlex

Millennium Trust has agreed to acquire PayFlex, a provider of health savings accounts and consumer-directed benefit administration services, from CVS Health.

3 min read · 07 April 2022

Reverence backs CAIS

Reverence Capital Partners has invested $100 million in CAIS, an alternative investment platform.

2 min read · 07 April 2022

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