Private Equity
Hub International Limited, an insurance brokerage, has acquired the assets of Manitoba-based W.R. Carey Corporation, an employee benefits consulting firm. No financial terms were disclosed. Hub is backed by Altas Partners and Hellman & Friedman.
2 min read · 11 November 2019
Allianz paid about $1 billion for part of Goldman Sachs’s stake in Taikang Life Insurance Co, a Chinese insurer, Bloomberg reported. Goldman sold a roughly 4 percent stake in Taikang to Allianz; Goldman will retain about 8.6 percent after the deal, the story said.
1 min read · 07 November 2019
Allianz paid about $1 billion for part of Goldman Sachs’s stake in Taikang Life Insurance Co, a Chinese insurer, Bloomberg reported. Goldman sold a roughly 4 percent stake in Taikang to Allianz; Goldman will retain about 8.6 percent after the deal, the story said.
1 min read · 07 November 2019
Mainsail Partners has made an investment in SourceScrub. No financial terms were disclosed. San Francisco-based SourceScrub is an information services platform for the financial services industry.
3 min read · 06 November 2019
Pathstone, a registered investment advisory firm, has secured an investment from Lovell Minnick Partners. No financial terms were disclosed. As a result of this transaction, Fiduciary Network is exiting its investment in Pathstone.
4 min read · 05 November 2019
CVC Capital Partners and The Jordan Company has invested $600 million in Bruin Sports Capital. Headquartered in White Plains, New York, Bruin is a global investing, operating and holding company.
4 min read · 05 November 2019
Hub International Limited, a global insurance brokerage, has acquired Okotoks, Alberta-based RBI Advisory Group, a provider of group benefit advisory services to employers and associations. No financial terms were disclosed. Hub is backed by Altas Partners and Hellman & Friedman.
2 min read · 05 November 2019
Pretium has acquired Selene, the parent company of Selene Finance, a residential mortgage servicing firm. The sellers were Oaktree Capital Management LP and Ranieri Partners LLC. In addition to the transaction, Selene has named Joe Davila as CEO and president.
2 min read · 04 November 2019
Clarion Capital Partners LLC has made an investment in Chicago-based Harris & Harris Ltd, a provider of accounts receivable management and customer care solutions. No financial terms were disclosed. Mesirow Financial was financial adviser to Harris & Harris on the transaction.
3 min read · 04 November 2019
CSC has agreed to acquire Netherlands-based TCS-Groep, a service provider for alternative investment funds. No financial terms were disclosed.
4 min read · 04 November 2019
