Private Equity
Spectrum Equity has invested in Visual Lease. Financial terms weren’t announced. Visual Lease provides a real estate and equipment lease management and accounting software platform for public and private companies, government entities and other organizations with 50 to 20,000+ leases.
4 min read · 16 July 2019
AnaCap Financial Partners said July 15 that it sold Ellisphere to Andera Partners, Tikehau Capital and Bpifrance. Financial terms weren’t announced. Ellispher, of France, specializes in data and analytics. The deal will generate a 2.6x money multiple and 52 percent IRR for AnaCap.
2 min read · 16 July 2019
RedBird Capital Partners and Reverence Capital Partners have agreed to acquire Austin, Texas-based Vida Capital Inc, an alternative asset management platform. No financial terms were disclosed. The deal is expected to close in the fourth quarter of this year. Moelis & Co. served as financial adviser to Vida on the transaction.
4 min read · 15 July 2019
2 min read · 12 July 2019
Toscafund Asset Management LLC has agreed to become Caravela's largest shareholder. So far, Toscafund has invested a total of 30 million euros into Caravela. Based in Lisbon, Portugal, Caravela is a P&C insurance firm.
3 min read · 12 July 2019
1 min read · 11 July 2019
2 min read · 10 July 2019
Piper Jaffray is near a deal to buy Sandler O'Neill + Partners LP for $485 million in cash and stock, the Wall Street Journal reported July 9. The deal would add Sandler O’Neill’s niche of advising banks to Piper’s broader client base, the story said.
1 min read · 10 July 2019
Aspida Financial, which is backed by Ares Management Corp, has agreed to buy Pavonia Life Insurance Co of Michigan and its insurance operations for $75 million cash. Pavonia Life offers life insurance, annuities and reinsurance products and services.
5 min read · 10 July 2019
Long Ridge has agreed to sell BlueTarp Financial to Capital One. No financial terms were disclosed. The deal is expected to close in the third quarter of this year. Based in Portland, Maine, BlueTarp is a provider of customized B2B credit management programs.
2 min read · 08 July 2019
