MergerLinks Daily Review

MergerLinks Daily Review

Welcome to MergerLinks Daily Review. Sign up here to get the full round up of your daily dose of blue-chip M&A news directly to your inbox.

Ethos Capital, BCI, and White Mountains to acquire a majority stake in BroadStreet Partners from OTPP.

Hg, ADIA and CPP Investments to acquire a majority stake in IFS at €15bn valuation.

Bain Capital to acquire a 9.9% stake in Lincoln Financial for $825m.

You can access today’s complete newsletter here.

Scroll down for more…

Article content

Ethos Capital, BCI, and White Mountains to acquire a majority stake in BroadStreet Partners from OTPP.

Ethos Capital , a global investment firm specializing in middle-market companies, along with co-investors BCI and White Mountains Partners , agreed to acquire a majority stake in BroadStreet Partners , a North American insurance brokerage company, from Ontario Teachers' Pension Plan , a global investor managing assets for Ontario's teachers. Financial terms were not disclosed, according to press releases.

Ethos Capital is advised by Kirkland & Ellis and Prosek Partners . BCI is advised by Debevoise & Plimpton . White Mountains is advised by Cravath, Swaine & Moore LLP . OTPP is advised by Ardea Partners , BMO Capital Markets , RBC Capital Markets , Latham & Watkins and Torys LLP , according to press releases and MergerLinks data.

Article content

Hg, ADIA and CPP Investments to acquire a majority stake in IFS at €15bn valuation.

Private equity firms Hg , Abu Dhabi Investment Authority (ADIA) and CPP Investments | Investissements RPC , agreed to acquire a majority stake in IFS , a provider of cloud enterprise software and Industrial AI applications, at €15bn valuation, according to press releases.

IFS is advised by Arma Partners , Evercore and White & Case LLP . Hg Capital is advised by Morgan Stanley and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates , according to press releases and MergerLinks data.

Article content

Bain Capital to acquire a 9.9% stake in Lincoln Financial for $825m.

Bain Capital , a global investment firm, agreed to acquire a 9.9% stake in Lincoln Financial , a financial services company, for $825m, according to press releases.

Lincoln Financial is advised by Goldman Sachs and Wachtell, Lipton, Rosen & Katz (led by Nicholas G. Demmo). Bain Capital is advised by SMBC Group , Debevoise & Plimpton (led by Nicholas Potter), Ropes & Gray LLP and Stanton (led by Charlyn Lusk), according to press releases and MergerLinks data.

Interested to find more? Sign up here to get full round up of your daily dose of blue-chip M&A news directly to your inbox.

You can access today’s complete newsletter here.

To view or add a comment, sign in

Others also viewed

Explore topics