Arthur J. Gallagher & Co. to acquire rival AssuredPartners in $13.4bn deal to redefine insurance industry

Pallavi Madhiraju- December 11, 2024 0

In a landmark transaction poised to reshape the insurance sector, Arthur J. Gallagher & Co. has announced its definitive agreement to acquire AssuredPartners for $13.45 ... Read More

AssetMark Financial to be acquired by GTCR for $2.7bn

Pallavi Madhiraju- April 26, 2024 0

In a significant move within the wealth management industry, AssetMark Financial Holdings, Inc., a prominent technology platform for financial advisors, has agreed to be acquired ... Read More

FIS advances separation plan, offloading Worldpay stake to GTCR funds

Pallavi Madhiraju- July 6, 2023 0

FIS, a global powerhouse in financial services technology, announced today the acceleration of its prior plan to separate into two distinct global entities, thereby improving ... Read More

Wells Fargo to divest asset management business to GTCR and Reverence Capital for $2.1bn

Pallavi Madhiraju- February 23, 2021 0

Wells Fargo & Company has agreed to divest its asset management business - Wells Fargo Asset Management (WFAM) to private equity firms GTCR and Reverence ... Read More

GTCR to sell digital mortgage marketplace Optimal Blue to Black Knight for $1.8bn

Pallavi Madhiraju- July 27, 2020 0

Private equity firm GTCR has agreed to divest Optimal Blue, a secondary market solutions and actionable data services provider to Black Knight, a provider of ... Read More

BBH Capital Partners divests Vyve Broadband assets to GTCR and MBI

Raghuram Kadari- July 31, 2019 0

Private equity firm GTCR and Mega Broadband Investments (MBI) have acquired Oklahoma-based Vyve Broadband from BBH Capital Partners (BBHCP) for an undisclosed sum. Vyve Broadband, ... Read More