Private Equity
Zedra Group, backed by Corsair Capital, said Nov. 4 that it acquired LJ Fiduciary. Alvarium is the seller. LJ Fiduciary provides private client, fund and corporate administration services.
2 min read · 04 November 2019
Align Financial Holdings LLC, a portfolio company of Bregal Sagemount, has acquired Deposit Choice LLC. Financial terms weren’t announced. Deposit Choice provides surety bonds and insurance products to the multifamily industry.
3 min read · 04 November 2019
Align Financial Holdings LLC, a portfolio company of Bregal Sagemount, has acquired Deposit Choice LLC. Financial terms weren’t announced. Deposit Choice provides surety bonds and insurance products to the multifamily industry.
3 min read · 04 November 2019
Delek Group said Nov. 4 that it completed the sale 32.5 percent of the Phoenix Holdings to Centerbridge Partners LP and Gallatin Point Capital LLC for 1.57 billion shekels ($446 million). The deal included cash and 83,255,973 Phoenix shares. Phoenix, of Israel, is a holding company offering insurance and investments.
3 min read · 04 November 2019
Delek Group said Nov. 4 that it completed the sale 32.5 percent of the Phoenix Holdings to Centerbridge Partners LP and Gallatin Point Capital LLC for 1.57 billion shekels ($446 million). The deal included cash and 83,255,973 Phoenix shares. Phoenix, of Israel, is a holding company offering insurance and investments.
3 min read · 04 November 2019
CIS Credit Solutions, a portfolio company of SmithsonianCapital, said Nov. 4 that it acquired the mortgage solutions business of Alliance 2020 Inc. Financial terms weren’t announced. Alliance 2020’s mortgage products include credit and flood reports, tax verifications and rapid re-scores, according to the company’s website.
2 min read · 04 November 2019
CIS Credit Solutions, a portfolio company of SmithsonianCapital, said Nov. 4 that it acquired the mortgage solutions business of Alliance 2020 Inc. Financial terms weren’t announced. Alliance 2020’s mortgage products include credit and flood reports, tax verifications and rapid re-scores, according to the company’s website.
2 min read · 04 November 2019
Zedra Group, backed by Corsair Capital, said Nov. 4 that it acquired LJ Fiduciary. Alvarium is the seller. LJ Fiduciary provides private client, fund and corporate administration services.
2 min read · 04 November 2019
2 min read · 01 November 2019
Calgary-based Crown Capital Partners Inc, a specialty finance company, has increased its loan facilities for two companies. Crown increased its loan facility to Touchstone Exploration from $15 million to $20 million. And, for Triple Five Intercontinental Group Ltd, Crown increased its loan facility by $7 million. Touchstone is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago while Triple Five is a diversified conglomerate, development and finance corporation with offices in major U.S., Canadian and global cities.
2 min read · 01 November 2019