Private Equity
Ascensus said June 27 that it agreed to buy HR Simplified. Financial terms weren’t announced. HR Simplified is a third-party administration firm that services consumer-directed health (CDH) plans and provides COBRA administration.
2 min read · 27 June 2019
Resurgens Technology Partners has made an investment in MackeyRMS, a capital markets software provider. No financial terms were disclosed. Morgan Partners was financial adviser to MackeyRMS on the transaction.
2 min read · 26 June 2019
2 min read · 25 June 2019
Lovell Minnick Partners said June 25 that it completed a minority investment in oneZero Financial Systems. Financial terms weren’t announced. OneZero provides software and technology solutions to the foreign exchange trading industry.
4 min read · 25 June 2019
Allfunds and Credit Suisse said they have agreed to merge Credit Suisse's InvestLab with Allfunds. Financial terms weren’t announced. Hellman & Friedman and GIC will continue to own a majority of Allfunds, while Credit Suisse will become a minority shareholder with a distribution relationship with Allfunds. The combined business will distribute over 78,000 funds and ETFs to more than 700 distributors across 45 countries and have AuA of more than 500 billion euros.
3 min read · 25 June 2019
TPG has agree to acquire make an investment in Harlem Capital Partners, an early-stage venture firm. No financial terms were disclosed.
2 min read · 24 June 2019
1 min read · 24 June 2019
5 min read · 24 June 2019
Align Capital Partners said June 24 that it acquired a majority of E Source. Financial terms weren’t announced. E Source, of Boulder, Colorado, provides market intelligence services for utility employees and senior leaders across North America.
3 min read · 24 June 2019
GI Partners has agreed to recapitalize Hartford, Connecticut-based Insurity, a software platform for the property and casualty insurance industry. No financial terms were disclosed. The deal is expected to close in the third quarter of this year. Insurity is backed by TA Associates, General Atlantic and Genstar Capital.
4 min read · 21 June 2019
