Private Equity
Relation Insurance Services has acquired Fresno, California-based VillaneWard, an employee benefits brokerage. No financial terms were disclosed. Recently, Aquiline Capital Partners LLC agreed to acquire Relation from Parthenon Capital and Century Equity Partners.
3 min read · 05 March 2019
Fleetcor Technologies Inc said March 5 that it agreed to buy Nvoicepay Inc. Financial terms weren’t announced. Nvoicepay, of Beaverton, Oregon, provides cloud software that automates payments for suppliers. Buyouts reported in October that Nvoicepay was seeking another round of funding. Nvoicepay investors include Napier Park Financial Partners, Mosaik Partners, Silicon Valley Bank and Women’s Venture Capital Fund, the story said. Alston & Bird provided legal counsel to Fleetcor. Update: Jon Steele and Paul Fricilone of Raymond James provided financial advice while Cooley LLP supplied legal counsel to Nvoicepay.
3 min read · 05 March 2019
Northill Capital has acquired Arlington, Virginia-based Strategic Investment Group, an investment manager focused on the OCIO sector. The seller was FFL Partners. No financial terms were disclosed.
2 min read · 01 March 2019
Further Global Capital Management has acquired Louisville, Kentucky-based Payment Alliance International, an ATM provider with over 75,000 ATMs. No financial terms were disclosed. In addition to the funding, David Dove has become CEO of PAI.
2 min read · 01 March 2019
Osceola Capital Management LLC has acquired 360 Quote LLC, a operator of lead generation websites in the insurance sector, with a focus on auto insurance websites. No financial terms were disclosed.
3 min read · 01 March 2019
Carillon Tower Advisers will increase its ownership stake from 45 percent to 100 percent of ClariVest Asset Management, a San Diego-based asset-management firm. No financial terms were disclosed. The deal will close in April.
3 min read · 27 February 2019
Apex Group Ltd, a Genstar Capital portfolio company, said Feb. 26 that it acquired Beacon Fund Services Ltd, Beacon Corporate Services Ltd and Beacon Management Ltd. Financial terms weren’t announced. Beacon, of Bermuda, is a fund administrator.
3 min read · 27 February 2019
Heidelpay Group, which is backed AnaCap Financial Partners, has acquired Alpha-Cash Payment GmbH. Financial terms weren’t announced. Alpha-Cash is a debit and credit card terminal specialist.
2 min read · 26 February 2019
Warburg Pincus has agreed to acquire a majority stake in Austin, Texas-based Kestra Financial, a financial adviser. No financial terms were disclosed. Stone Point Capital, Kestra Financial's current majority owner, will maintain a minority stake in the company.
4 min read · 25 February 2019
2 min read · 24 February 2019
