Point Capital Inc (PTCI) 2.5000 $PTCI
Flexpoint Ford, LLC Announces the Sale of T&H Global Holdings, LLC to Sedgwick Claims Management Services, Inc.
PR Newswire - Wed Sep 17, 7:55AM CDT
Flexpoint Ford, LLC ("Flexpoint"
, a private equity firm focused on the financial services and healthcare sectors, today announced a definitive agreement to sell T&H Global Holdings, LLC and its subsidiaries ("VeriClaim" to Sedgwick Claims Management Services, Inc. ("Sedgwick" . The primary investors of Sedgwick are affiliates of Kohlberg Kravis Roberts & Co. L.P. and Stone Point Capital LLC. VeriClaim has been majority owned by affiliates of Flexpoint since March 2011.
Pelican Point Capital Partners, LLC, Announces the Appointment of Scott Schuman as Senior Adviser to Its Board
Business Wire - Thu Aug 21, 8:10AM CDT
Pelican Point Capital Partners, LLC, announces the appointment of Scott Schuman as Senior Adviser to its board. "Scott brings world class structured finance expertise which will help in our investments in portfolio companies as well as our residential whole loan trading business," said Shad Quraishi, Co-CEO and Co-Founder.
PowerMoves.NOLA Names Earl Robinson President and September Hargrove Chief Operating Officer
Marketwire - Wed Jun 25, 11:02AM CDT
Veteran investment executive and entrepreneur Earl Robinson has been named President, and economic development expert September Hargrove has been named Chief Operating Officer of PowerMoves.NOLA, a new national initiative focused on providing access to capital, connections and guidance to increase the number of America's venture-backed minority entrepreneurs.
Enstar Group Limited and Stone Point Capital Announce Completion of Torus Insurance Holdings Limited Acquisition
GlobeNewswire - Tue Apr 01, 8:25AM CDT
Enstar Group Limited ("Enstar" (Nasdaq:ESGR) and Stone Point Capital LLC ("Stone Point" announced today that they had completed the previously announced acquisition of Torus Insurance Holdings Limited ("Torus" . Torus is an A- rated global specialty insurer with six wholly owned insurance vehicles, including Lloyd's Syndicate 1301.
Canada Pension Plan Investment Board Enters Into Agreement To Acquire Wilton Re
Marketwire - Fri Mar 21, 8:01AM CDT
Canada Pension Plan Investment Board (CPPIB) announced today that a wholly-owned subsidiary of CPPIB, together with the management of Wilton Re, have entered into a definitive agreement to acquire 100% of the common stock of Wilton Re Holdings Limited for US$1.8 billion from a group of investors led by Stone Point Capital, Kelso & Company, Vestar Capital Partners and FFL. The transaction is subject to regulatory approvals and other customary closing conditions.
KKR acquires majority ownership of Sedgwick
PR Newswire - Fri Feb 28, 3:05PM CST
Sedgwick Claims Management Services, Inc., a leading provider of technology-enabled claims and productivity management solutions, today announced the closing of the previously announced transaction whereby KKR, together with management, has acquired majority ownership of Sedgwick for $2.4 billion from previous investors Hellman & Friedman LLC and Stone Point Capital LLC. Additionally, Stone Point Capital has joined the investment as a minority equity partner.
Cambridge Companies, LLC Announces Joint Equity Partnership Agreement with a Family Office in San Francisco Structured by Pelican Point Capital Partners
Business Wire - Wed Feb 26, 11:05AM CST
Cambridge Companies, LLC, is pleased to announce a joint equity partnership agreement with a family office in San Francisco, Calif., structured by Pelican Point Capital Partners, Newport Beach, Calif.
Redwood Midstream and Five Point Capital Announce the Funding of Redwood Midstream with $75 Million Equity Commitment
Business Wire - Wed Feb 19, 3:52PM CST
On February 19, 2014, Redwood Midstream Partners, LLC ("Redwood" and Five Point Capital Partners LLC ("Five Point" announced the funding of Redwood with a $75 million equity commitment from Five Point. The Houston-based Redwood will seek to provide midstream infrastructure solutions to underserved oil and gas producers. Redwood will focus on the development, expansion and optimization of midstream energy infrastructure for small to mid-sized producers in emerging shale producing regions.
KKR to invest in Sedgwick
CNW Group - Mon Jan 27, 6:16AM CST
Sedgwick Claims Management Services, Inc., a leading provider of technology-enabled claims and productivity management solutions, announced today that KKR, together with management, have signed an agreement to acquire majority ownership of Sedgwick for approximately $2.4 billion from its current group of investors, which includes Hellman & Friedman LLC and Stone Point Capital LLC.
Babson Capital Provides Mezzanine, Equity for Fort Point Capital Investment in Engineering Planning and Management, Inc.
Business Wire - Mon Sep 09, 12:00PM CDT
Babson Capital Management LLC, a global investment management firm with more than $182 billion in assets under management and operations on four continents, today announced it provided subordinated debt and made an equity co-investment to support Fort Point Capital's investment in Engineering Planning and Management Inc. (EPM).
Interactive Ad Tech Startup, Jebbit, Raises Additional $1.25 Million in Funding
Marketwire - Thu Aug 01, 8:01AM CDT
Jebbit, recently recognized by business TV network CNBC as "one of the world's most promising companies," announced today that it has closed an additional $1.25 million in funding led by Data Point Capital, the Boston-based venture capital fund created by Shoebuy.com founder Scott Savitz. As part of the fundraising, Savitz will join Jebbit's Board of Directors. Previous investor Boston Seed Capital also participated in the round.
Professional Plumbing Group Acquired by Dunes Point Capital
PR Newswire - Thu Aug 01, 6:00AM CDT
The Professional Plumbing Group Inc. ("PPG" announced today that it has been acquired by Dunes Point Capital. PPG is the parent company of two legendary brands operating in the plumbing supply industry: Wolverine Brass and PlumbMaster. PPG was previously owned by affiliates of Bradford Equities ("Bradford" and management.
XL Group and Stone Point Capital Form New Company Focused on Reinsurance Capital Markets Products
PR Newswire - Thu Jul 25, 3:05PM CDT
XL Group ("XL" (NYSE: XL) and private equity firm Stone Point Capital LLC ("Stone Point" announced today the formation of a new Bermuda-based company to act as an investment manager in insurance-linked securities (ILS) and other reinsurance capital markets products. XL has a 75% ownership stake in the company and funds managed by Stone Point have the remaining 25% ownership.
Sheffield Manufacturing Acquired by Hancock Park Associates & Next Point Capital
PRWeb - Wed Jul 10, 6:15AM CDT
Hancock Park Associates ("HPA" and Next Point Capital ("NXT" announced the recent acquisition of Sheffield Manufacturing ("Sheffield" or the "Company" , a leading North American producer of precision-machined components for the aerospace industry. Salem Partners, a Los Angeles investment bank and wealth management firm, advised the Company in the transaction. The financial terms of the deal were not disclosed.
Fitch Publishes Servicer Report on Berkeley Point Capital LLC
Business Wire - Tue Jun 25, 12:56PM CDT
Fitch Ratings has published a servicer report on Berkeley Point Capital LLC. This report provides an overview of the company's servicing operations and a discussion of the areas evaluated by Fitch.
Balance Point Capital Partners Announces Its Investment in Connoisseur Media
PR Newswire - Tue May 28, 1:11PM CDT
In support of Connoisseur Media's recent acquisition of certain assets of Cox Radio and Nassau Broadcasting, Balance Point Capital Partners provided $11.1 million in total financing, including $5.7 million in Mezzanine Notes and $5.4 million in Common Equity.
Litigator David Anderson Joins Wick Phillips as Partner
PR Newswire - Tue Mar 05, 2:31PM CST
Wick Phillips, a full-service business law firm with offices in Dallas, Fort Worth and Austin, Texas, announces that David Anderson has joined the Dallas office as a partner in the commercial litigation group. In addition to his 16 years of commercial litigation expertise, Anderson handles many intellectual property cases. Some of his most high profile cases include work for companies such as Medtronic, Inc.; BearingPoint, Inc. (formerly KPMG Consulting); Halliburton Energy Services, Inc.; US Synthetic Corporation; and Silver Point Capital, L.P., among others.
Flexpoint Ford, LLC Announces the Sale of T&H Global Holdings, LLC to Sedgwick Claims Management Services, Inc.
PR Newswire - Wed Sep 17, 7:55AM CDT
Flexpoint Ford, LLC ("Flexpoint"
, a private equity firm focused on the financial services and healthcare sectors, today announced a definitive agreement to sell T&H Global Holdings, LLC and its subsidiaries ("VeriClaim" to Sedgwick Claims Management Services, Inc. ("Sedgwick" . The primary investors of Sedgwick are affiliates of Kohlberg Kravis Roberts & Co. L.P. and Stone Point Capital LLC. VeriClaim has been majority owned by affiliates of Flexpoint since March 2011. Pelican Point Capital Partners, LLC, Announces the Appointment of Scott Schuman as Senior Adviser to Its Board
Business Wire - Thu Aug 21, 8:10AM CDT
Pelican Point Capital Partners, LLC, announces the appointment of Scott Schuman as Senior Adviser to its board. "Scott brings world class structured finance expertise which will help in our investments in portfolio companies as well as our residential whole loan trading business," said Shad Quraishi, Co-CEO and Co-Founder.
PowerMoves.NOLA Names Earl Robinson President and September Hargrove Chief Operating Officer
Marketwire - Wed Jun 25, 11:02AM CDT
Veteran investment executive and entrepreneur Earl Robinson has been named President, and economic development expert September Hargrove has been named Chief Operating Officer of PowerMoves.NOLA, a new national initiative focused on providing access to capital, connections and guidance to increase the number of America's venture-backed minority entrepreneurs.
Enstar Group Limited and Stone Point Capital Announce Completion of Torus Insurance Holdings Limited Acquisition
GlobeNewswire - Tue Apr 01, 8:25AM CDT
Enstar Group Limited ("Enstar"
(Nasdaq:ESGR) and Stone Point Capital LLC ("Stone Point" announced today that they had completed the previously announced acquisition of Torus Insurance Holdings Limited ("Torus" . Torus is an A- rated global specialty insurer with six wholly owned insurance vehicles, including Lloyd's Syndicate 1301. Canada Pension Plan Investment Board Enters Into Agreement To Acquire Wilton Re
Marketwire - Fri Mar 21, 8:01AM CDT
Canada Pension Plan Investment Board (CPPIB) announced today that a wholly-owned subsidiary of CPPIB, together with the management of Wilton Re, have entered into a definitive agreement to acquire 100% of the common stock of Wilton Re Holdings Limited for US$1.8 billion from a group of investors led by Stone Point Capital, Kelso & Company, Vestar Capital Partners and FFL. The transaction is subject to regulatory approvals and other customary closing conditions.
KKR acquires majority ownership of Sedgwick
PR Newswire - Fri Feb 28, 3:05PM CST
Sedgwick Claims Management Services, Inc., a leading provider of technology-enabled claims and productivity management solutions, today announced the closing of the previously announced transaction whereby KKR, together with management, has acquired majority ownership of Sedgwick for $2.4 billion from previous investors Hellman & Friedman LLC and Stone Point Capital LLC. Additionally, Stone Point Capital has joined the investment as a minority equity partner.
Cambridge Companies, LLC Announces Joint Equity Partnership Agreement with a Family Office in San Francisco Structured by Pelican Point Capital Partners
Business Wire - Wed Feb 26, 11:05AM CST
Cambridge Companies, LLC, is pleased to announce a joint equity partnership agreement with a family office in San Francisco, Calif., structured by Pelican Point Capital Partners, Newport Beach, Calif.
Redwood Midstream and Five Point Capital Announce the Funding of Redwood Midstream with $75 Million Equity Commitment
Business Wire - Wed Feb 19, 3:52PM CST
On February 19, 2014, Redwood Midstream Partners, LLC ("Redwood"
and Five Point Capital Partners LLC ("Five Point" announced the funding of Redwood with a $75 million equity commitment from Five Point. The Houston-based Redwood will seek to provide midstream infrastructure solutions to underserved oil and gas producers. Redwood will focus on the development, expansion and optimization of midstream energy infrastructure for small to mid-sized producers in emerging shale producing regions. KKR to invest in Sedgwick
CNW Group - Mon Jan 27, 6:16AM CST
Sedgwick Claims Management Services, Inc., a leading provider of technology-enabled claims and productivity management solutions, announced today that KKR, together with management, have signed an agreement to acquire majority ownership of Sedgwick for approximately $2.4 billion from its current group of investors, which includes Hellman & Friedman LLC and Stone Point Capital LLC.
Babson Capital Provides Mezzanine, Equity for Fort Point Capital Investment in Engineering Planning and Management, Inc.
Business Wire - Mon Sep 09, 12:00PM CDT
Babson Capital Management LLC, a global investment management firm with more than $182 billion in assets under management and operations on four continents, today announced it provided subordinated debt and made an equity co-investment to support Fort Point Capital's investment in Engineering Planning and Management Inc. (EPM).
Interactive Ad Tech Startup, Jebbit, Raises Additional $1.25 Million in Funding
Marketwire - Thu Aug 01, 8:01AM CDT
Jebbit, recently recognized by business TV network CNBC as "one of the world's most promising companies," announced today that it has closed an additional $1.25 million in funding led by Data Point Capital, the Boston-based venture capital fund created by Shoebuy.com founder Scott Savitz. As part of the fundraising, Savitz will join Jebbit's Board of Directors. Previous investor Boston Seed Capital also participated in the round.
Professional Plumbing Group Acquired by Dunes Point Capital
PR Newswire - Thu Aug 01, 6:00AM CDT
The Professional Plumbing Group Inc. ("PPG"
announced today that it has been acquired by Dunes Point Capital. PPG is the parent company of two legendary brands operating in the plumbing supply industry: Wolverine Brass and PlumbMaster. PPG was previously owned by affiliates of Bradford Equities ("Bradford" and management. XL Group and Stone Point Capital Form New Company Focused on Reinsurance Capital Markets Products
PR Newswire - Thu Jul 25, 3:05PM CDT
XL Group ("XL"
(NYSE: XL) and private equity firm Stone Point Capital LLC ("Stone Point" announced today the formation of a new Bermuda-based company to act as an investment manager in insurance-linked securities (ILS) and other reinsurance capital markets products. XL has a 75% ownership stake in the company and funds managed by Stone Point have the remaining 25% ownership. Sheffield Manufacturing Acquired by Hancock Park Associates & Next Point Capital
PRWeb - Wed Jul 10, 6:15AM CDT
Hancock Park Associates ("HPA"
and Next Point Capital ("NXT" announced the recent acquisition of Sheffield Manufacturing ("Sheffield" or the "Company" , a leading North American producer of precision-machined components for the aerospace industry. Salem Partners, a Los Angeles investment bank and wealth management firm, advised the Company in the transaction. The financial terms of the deal were not disclosed. Fitch Publishes Servicer Report on Berkeley Point Capital LLC
Business Wire - Tue Jun 25, 12:56PM CDT
Fitch Ratings has published a servicer report on Berkeley Point Capital LLC. This report provides an overview of the company's servicing operations and a discussion of the areas evaluated by Fitch.
Balance Point Capital Partners Announces Its Investment in Connoisseur Media
PR Newswire - Tue May 28, 1:11PM CDT
In support of Connoisseur Media's recent acquisition of certain assets of Cox Radio and Nassau Broadcasting, Balance Point Capital Partners provided $11.1 million in total financing, including $5.7 million in Mezzanine Notes and $5.4 million in Common Equity.
Litigator David Anderson Joins Wick Phillips as Partner
PR Newswire - Tue Mar 05, 2:31PM CST
Wick Phillips, a full-service business law firm with offices in Dallas, Fort Worth and Austin, Texas, announces that David Anderson has joined the Dallas office as a partner in the commercial litigation group. In addition to his 16 years of commercial litigation expertise, Anderson handles many intellectual property cases. Some of his most high profile cases include work for companies such as Medtronic, Inc.; BearingPoint, Inc. (formerly KPMG Consulting); Halliburton Energy Services, Inc.; US Synthetic Corporation; and Silver Point Capital, L.P., among others.
