Like AssurOne Group

closed 6/18/2014 via Company Press Release

AnaCap Financial Partners LLP, acquired AssurOne Group

See 11 Comparable Transactions
synopsis: AnaCap Financial Partners LLP, the specialist European financial services private equity firm, together with management, have successfully completed the buyout of AssurOne Group, a leading French digital insurance broker specialising in the online distribution and management of personal insurance products, including motor and home policies.
buyer: AnaCap Financial Partners LLP
AnaCap is Europe’s largest specialist private equity investment advisor in the financial services sector. AnaCap’s funds invest in businesses with high growth potential, strong management teams and/or restructuring needs. "
 target: AssurOne Group
AssurOne Group SA offers online insurance broker services. The company designs and delivers insurance solutions and insurance products on the Internet and by telephone. The company offers life insurance, casualty insurance, property insurance, and automobile/car insurance services.
price ($mm)
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closed 10/7/2011 via PR Newswire

The Allstate Corp., purchased Esurance and Answer Financial from White Mountains Insurance Group, Ltd.

See 11 Comparable Transactions
synopsis: The Allstate Corporation has obtained all required regulatory approvals and closed its acquisition of Esurance and Answer Financial from White Mountains Insurance Group, Ltd. Esurance is the third-largest provider of online auto insurance quotes and Answer Financial serves self-directed consumers who seek a choice among insurance companies.
buyer: The Allstate Corp. (ALL:$39,815.00)
The Allstate Corporation is the nation's largest publicly held personal lines insurer. Known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. "
 seller: White Mountains Insurance Group, Ltd. (WTM:$400.60)
Esurance is the third-largest provider of online auto insurance quotes. Answer Financial serves self-directed consumers who seek a choice among insurance companies.
price ($mm)
$1,010
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/12/2018 via Company Press Release

Verivox GmbH, purchased Brokerage Business from GetSafe

See 11 Comparable Transactions
synopsis: Verivox, a price comparison website in Germany, has acquired Getsafe's brokerage business. Getsafe is a digital multiline insurance company in Germany. Their brokerage business includes a mobile and web platform that allows consumers to manage their insurance contracts.
buyer parent: ProSiebenSat.1 Media SE
buyer: Verivox GmbH
Founded in 1998, Verivox is a price comparison website in Germany that provides up-to-date information on products and services. Verivox has helped over 8 million consumers save over 2.1 billion euros on products and services for energy, insurance, telecom, and finance. "
 seller: GetSafe
Getsafe's brokerage business includes a mobile and web platform that allows consumers to manage their insurance contracts. Getsafe is a digital multiline insurance company in Germany. Getsafe offers combinable modules to protect all important areas of a person’s life.
price ($mm)
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announced 2/15/2010 via Banking Times UK

Management Buyout, will acquire esure Insurance, Ltd.

See 11 Comparable Transactions
synopsis: Lloyds Banking Group has agreed the sale of its 70% stake in esure for slightly over £185 million, although the bank says the impact of the sale on its accounts is not expected to be material. The online insurer is being 100% acquired in a management buyout led by its chairman, Peter Wood, who already holds a 24% share of the business.
buyer: Management Buyout
esure was founded in 2000 offering competitive insurance cover by using the Internet as a primary sales channel. Their goal is to offer superior service - on both the internet and phone - while using technologically advanced systems and underwriting to keep premiums low. "
 target parent: Lloyds Banking Group
target: esure Insurance, Ltd.
esure was founded in 2000 offering competitive insurance cover by using the Internet as a primary sales channel. Their goal is to offer superior service - on both the internet and phone - while using technologically advanced systems and underwriting to keep premiums low.
price ($mm)
$289*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/6/2008 via PR Newswire

Bankrate, Inc., acquired InsureMe

See 11 Comparable Transactions
synopsis: Bankrate, Inc. has acquired the assets of InsureMe, Inc. based in Englewood, CO.
buyer: Bankrate, Inc. (RATE:$459.34)
Bankrate, Inc. owns and operates Bankrate.com, a leading Internet consumer banking marketplace. Bankrate.com is a destination site of personal finance channels, including banking, investing, taxes, debt management and college finance. "
 target: InsureMe
InsureMe, an Englewood, Colorado-based company, links insurance agents and consumers nationwide through its Web site and hundreds of affiliate partners. Since 1993, InsureMe has helped millions of people find insurance coverage while providing thousands of agents with high quality, real-time leads.
price ($mm)[EV]
$59 [$58]
rev ($mm)
$27
EBITDA ($mm)
$5
EV / rev
3.1x
EV / EBITDA
18.7x
closed 3/1/2007 via BusinessWire

Insurance.com, Inc., acquired 4insurance.com

See 11 Comparable Transactions
synopsis: Insurance.com announced the purchase of 4insurance.com, one of the original insurance sites on the internet. Launched in 1996 by iHomeowners, 4insurance.com offers consumers the ability to shop for auto, life, home and health insurance products.
buyer: Insurance.com, Inc.
Insurance.com enables consumers to instantly compare and buy competitive auto insurance quotes directly from more than a dozen leading insurance companies. Other products include life, health and home insurance as well as travel, dental and pet health insurance. "
 target: 4insurance.com
4insurance™ offers consumers competitive rates from the best insurance companies in the industry. 4insurance™ allows you to compare rates from multiple companies by simply filling out one online form. You will receive up to four quotes from leading companies.
price ($mm)
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closed 7/18/2019 via Company Press Release

DA Direkt, acquired dentolo Germany GmbH

See 10 Comparable Transactions
synopsis: DA Direkt, a direct car insurance company, has acquired dentolo, a copmany that offers a variety of dental insurance services. dentolos technology platform connects patients, physicians and partners with each other.
buyer parent: Zurich Financial Services Group
buyer: DA Direkt
Based in Germany, DA Direkt is a direct car insurance company. They are always available to customers by phone, e-mail, or the internet, especially in the case of damage, quick information, and assistance. "
 target: dentolo Germany GmbH
Based in Germany, dentolo offers a variety of dental insurance services. dentolos technology platform connects patients, physicians and partners with each other and offers besides the visitor-strongest knowledge database in the German-speaking area an online cost-tool for treatment options.
price ($mm)
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closed 5/7/2004 via PR Newswire

Quotesmith.com, Inc., acquired Life Quotes, Inc.

See 10 Comparable Transactions
synopsis: Quotesmith.com, Inc., QUOT, the only place on earth where you can get instant insurance quotes from over 200 leading companies and have the freedom to buy from the company of your choice, today announced that it has completed the previously announced asset acquisition of Life Quotes, Inc.
buyer: Quotesmith.com, Inc. (NSUR:$0.00)
Originally founded in 1984 as Quotesmith Corporation, Life Quotes, Inc. owns and operates a comprehensive consumer information service and companion insurance brokerage service that caters to the needs of self-directed insurance shoppers. "
 target: Life Quotes, Inc.
Life Quotes, Inc. was founded in 1979 as a traditional life insurance agency. In 1990, founder Kenneth L. Manley decided to change the life insurance business. Instead of meeting with customers face-to-face, something many people find uncomfortable, the entire transaction is conducted by phone, fax
price ($mm)
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closed 7/26/2010 via BusinessWeek

QuinStreet, Inc., acquired Insurance.com, Inc.

See 10 Comparable Transactions
synopsis: Insurance.com Insurance Agency, LLC, which operates as an online auto insurance agency in the United States, was acquired by QuinStreet, Inc. Insurance.com enables consumers to compare and buy auto insurance quotes from various insurance companies. Its other products include life, health, home, travel, dental, and pet health insurance.
buyer: QuinStreet, Inc. (QNST:$502.99)
QuinStreet is a leader in vertical marketing and media on the Internet. The company provides a strong set of capabilities to engage Internet visitors with targeted media and connects its marketing clients with their potential customers online. "
 target: Insurance.com, Inc.
Insurance.com enables consumers to instantly compare and buy competitive auto insurance quotes directly from more than a dozen leading insurance companies. Other products include life, health and home insurance as well as travel, dental and pet health insurance.
price ($mm)
$36
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/7/2007 via Reuters

Axa UK Plc, acquired Swiftcover Insurance Services Ltd.

See 10 Comparable Transactions
synopsis: French insurer AXA said it had agreed to buy British online insurer Swiftcover.com, continuing its strategy of doing small to medium-sized acquisitions in the UK. AXA did not disclose financial terms by which AXA will buy the company from international insurer Primary Group and Swiftcover's management team, who jointly own Swiftcover.com.
buyer parent: AXA Group
buyer: Axa UK Plc
AXA UK and Ireland is a long-term business focusing on life and pensions, wealth management, protection, health and general insurance (www.axa.co.uk). "
 target parent: Primary Group Limited
target: Swiftcover Insurance Services Ltd.
Swiftcover was founded in 2005 by senior executives from within the insurance industry. It was a unique proposition offering good value car insurance online only. Swiftcover was the first UK insurance company to offer its customers the convenience of printing their own car insurance certificate.
price ($mm)
$532
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/20/2014 via BusinessWire

Marsh LLC, will acquire Torrent Technologies, Inc.

See 106 Comparable Transactions
synopsis: Marsh, a global leader in insurance broking and risk management, announced that it has signed a definitive agreement to acquire Torrent Technologies, Inc., a leading service provider to Write Your Own (WYO) insurers participating in the National Flood Insurance Program (NFIP).
buyer parent: Marsh & McLennan Companies, Inc.
buyer: Marsh LLC (:$0.00)
Marsh, the world’s leading insurance broker and risk advisor, teams with its clients to design, and deliver innovative solutions that help them protect their future. It has over 24,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. "
 target parent: Century Capital Management, LLC
target: Torrent Technologies, Inc.
Torrent Technologies is a business services company that leverages contemporary technology to more effectively administer flood insurance policies and claims through the National Flood Insurance Program.
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closed 6/18/2014 via Company Press Release

AnaCap Financial Partners LLP, acquired AssurOne Group

See 11 Comparable Transactions
synopsis: AnaCap Financial Partners LLP, the specialist European financial services private equity firm, together with management, have successfully completed the buyout of AssurOne Group, a leading French digital insurance broker specialising in the online distribution and management of personal insurance products, including motor and home policies.
buyer: AnaCap Financial Partners LLP
AnaCap is Europe’s largest specialist private equity investment advisor in the financial services sector. AnaCap’s funds invest in businesses with high growth potential, strong management teams and/or restructuring needs. "
 target: AssurOne Group
AssurOne Group SA offers online insurance broker services. The company designs and delivers insurance solutions and insurance products on the Internet and by telephone. The company offers life insurance, casualty insurance, property insurance, and automobile/car insurance services.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 10/30/2020 via BusinessWire

AnaCap Financial Partners LLP, acquired Market Pay Europe

See 98 Comparable Transactions
synopsis: Carrefour announced the disposal of a 60% stake in its Market Pay payments platform to AnaCap Financial Partners, a specialist investor in European financial services. Market Pay is a European payment service provider created to meet the challenges of omnichannel trade.
buyer: AnaCap Financial Partners LLP
Based in the UK, AnaCap is Europe’s largest specialist private equity investment advisor in the financial services sector. AnaCap’s funds invest in businesses with high growth potential, strong management teams and/or restructuring needs. "
 target parent: Carrefour
target: Market Pay Europe
Market Pay is a European payment service provider created to meet the challenges of omnichannel trade. Thanks to its deep understanding of the payment value chain, Market Pay supports retailers in the deployment of end to end innovative and simplified payment solutions.
price ($mm)
$213*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/9/2020 via BNC Analysis

Heidelpay, will purchase Paysafe Pay Later from Paysafe Group

See 83 Comparable Transactions
synopsis: Germany-based heidelpay Group will acquire Paysafe Pay Later, the deferred payments arm of the Paysafe Group. Focusing on the DACH region, Paysafe Pay Later is an omni-channel solutions provider for online and physical retailers wishing to offer white-labeled invoice and installment payment solutions, as well as bank transfers and direct debits.
buyer parent: AnaCap Financial Partners LLP
buyer: Heidelpay
Based in Heidelberg, the heidelpay Group is one of the fastest-growing and most innovative fintech service providers in Germany. heidelpay is a full-service payment service provider that covers the entire spectrum of electronic payment processing. "
 seller: Paysafe Group (LSE:PAYS:$871.19)
Paysafe Pay Later is the deferred payments arm of the Paysafe Group. Paysafe Pay Later is an omnichannel provider with solutions for both online and bricks-and-mortar retailers wishing to offer white-labeled invoice and installment payment solutions, as well as bank transfers and direct debits.
price ($mm)
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announced 8/4/2019 via BusinessWire

Kohlberg Kravis Roberts & Co., will acquire Heidelpay

See 78 Comparable Transactions
synopsis: KKR will acquire a majority shareholding of heidelpay Group from its majority shareholder, AnaCap Financial Partners. Based in Heidelberg, the heidelpay Group is one of the fastest-growing and most innovative fintech service providers in Germany. The full-service payment service provider covers the entire spectrum of electronic payment processing.
buyer: Kohlberg Kravis Roberts & Co. (KKR:$4,715.61)
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, growth equity, energy, infrastructure, real estate and credit, with strategic manager partnerships that manage hedge funds. "
 target parent: AnaCap Financial Partners LLP
target: Heidelpay
Based in Heidelberg, the heidelpay Group is one of the fastest-growing and most innovative fintech service providers in Germany. Founded in 2003, the full-service payment service provider covers the entire spectrum of electronic payment processing.
price ($mm)
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closed 10/5/2017 via BNC Analysis

Heidelpay, acquired StarTec Payment & Service GmbH

See 333 Comparable Transactions
synopsis: Heidelpay, together with the growth investor AnaCap Financial Partners, has acquired StarTec Payment & Service GmbH. Based in Germany, Startec Payment provides product solutions and services for the handling of cashless payment transactions. The portfolio includes POS terminals for payments with girocard, direct debit and credit card.
buyer parent: AnaCap Financial Partners LLP
buyer: Heidelpay
Heidelpay is one of the top-ranking providers of e-commerce payment services. It is headquartered in Germany and serves customers worldwide. As a full-service provider, Heidelpay offers all payment steps - acquiring, processing and collecting - with direct integration into over 50 standard shops. "
 target: StarTec Payment & Service GmbH
Based in Germany, Startec Payment & Service GmbH provides product solutions and services for the handling of cashless payment transactions. The portfolio includes POS terminals for payments with girocard, direct debit and credit card as well as electronic voucher and customer loyalty systems.
price ($mm)
rev ($mm)
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EV / rev
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closed 6/18/2014 via Company Press Release

AnaCap Financial Partners LLP, acquired AssurOne Group

See 11 Comparable Transactions
synopsis: AnaCap Financial Partners LLP, the specialist European financial services private equity firm, together with management, have successfully completed the buyout of AssurOne Group, a leading French digital insurance broker specialising in the online distribution and management of personal insurance products, including motor and home policies.
buyer: AnaCap Financial Partners LLP
AnaCap is Europe’s largest specialist private equity investment advisor in the financial services sector. AnaCap’s funds invest in businesses with high growth potential, strong management teams and/or restructuring needs. "
 target: AssurOne Group
AssurOne Group SA offers online insurance broker services. The company designs and delivers insurance solutions and insurance products on the Internet and by telephone. The company offers life insurance, casualty insurance, property insurance, and automobile/car insurance services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/15/2009 via AP - Associated Press

Nordnet Bank AB, will acquire eQ Corporation

See 56 Comparable Transactions
synopsis: Nordnet Bank AB has signed an agreement to acquire 100% of the shares in the Finnish company eQ, from Straumur Burdaras Investment Bank hf. eQ, the largest online-broker in Finland, has about 57 000 customer and the group specializes in investment services through three business areas; Securities Brokerage, Asset Management and Corporate Finance.
buyer: Nordnet Bank AB
The Nordnet Group provides user-friendly and cost efficient services to private investors and companies within share trading, mutual fund investments and pension savings plans. The holding company, Nordnet AB (plc), is listed on the Stockholm Stock Exchange. "
 target parent: Straumur Burdaras Investment Bank, hf.
target: eQ Corporation
eQ, the largest online-broker in Finland, has about 57,000 customers and the group specializes in investment services through three business areas; Securities Brokerage, Asset Management and Corporate Finance.
price ($mm)
$51
rev ($mm)
$34
EBITDA ($mm)
EV / rev
1.5x
EV / EBITDA
announced 5/21/2009 via BusinessWire

PFGBEST, will acquire Alaron Futures & Options

See 54 Comparable Transactions
synopsis: PFGBEST announced that it is purchasing the customer assets of Alaron. It will be formed into a new division called ATD, a division of PFGBEST. Both companies have been leaders in the futures industry for 20 years, through the evolution of online trading that helped level the playing field for retail futures market participants.
buyer: PFGBEST
PFGBEST is the second-largest non-clearing U.S. Futures Commission Merchant, with customers, affiliates and brokerage offices in more than 80 countries. It offers a range of trading and investor products and services for retail investors as well as for commercial and institutional clients. "
 target: Alaron Futures & Options
Alaron, founded in 1989 in Chicago, provides electronic and pit-based futures trading and asset management services to institutions and retail clients on five continents. Alaron built upon its core business by integrating global trading systems and analysis techniques used by professional traders.
price ($mm)
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closed 1/15/2008 via PR Newswire

Lightspeed Professional Trading, LLC, acquired Integrity Trading Inc.

See 54 Comparable Transactions
synopsis: Lightspeed Financial, LLC, announced that it has completed the acquisition of Integrity Trading Inc., a Direct Market Access broker/dealer that provides execution and clearing services to retail and institutional customers. Terms of the transaction were not disclosed.
buyer: Lightspeed Professional Trading, LLC
Lightspeed Professional Trading, LLC is a Direct Market Access trading and trading technology development business. Formerly E*TRADE Professional Trading, LLC, the firm was acquired by the current management team in a management buyout from E*TRADE Financial in 2006. "
 target: Integrity Trading Inc.
Integrity Trading International is a broker dealer registered in the United States offering clearing and execution to U.S. and foreign banks, broker dealers and individuals interested in accessing the U.S. market and reselling our services in foreign countries.
price ($mm)
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closed 4/21/2020 via BNC Analysis

SoFi, acquired 8 Securities Limited

See 56 Comparable Transactions
synopsis: Consumer financial services platform SoFi has acquired 8 Securities, a Hong Kong-based investing app. Targeted to personal investors, 8 Securities will rebrand to SoFi Hong Kong and will begin launching services in other markets in addition to Hong Kong. 8 Securities was the first mobile-only investment service and robo-advisor to launch in Asia.
buyer: SoFi
SoFi is a values-driven company on a mission to help members get their money right. They create modern financial products and services that help people borrow, save, spend, invest, and protect their money better, so that they can achieve financial independence and realize their ambitions. "
 target: 8 Securities Limited
Hong Kong-based 8 Securities is a cloud-based brokerage platform that provides simple, transparent, and affordable mobile investing solutions. The company allows users to trade over 15,000 US and Hong Kong stocks and exchange traded funds as much as they like free of commission.
price ($mm)
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announced 1/30/2020 via GlobeNewswire

Guardian Capital Group, will acquire ModernAdvisor

See 54 Comparable Transactions
synopsis: Guardian Capital Group Limited, a Canadian diversified financial services company, will acquire Modern Advisor Canada Inc., a leading Canadian digital advisor platform. ModernAdvisor is a fintech start-up that helps investors to reach their investment goals through transparent, unbiased, and cost-effective investment management services.
buyer: Guardian Capital Group (TSX:GCG.A:$136.06)
Guardian Capital is a Canadian diversified financial services company operating in Asset Management and Financial Advisory. Guardian provides investment management services, financial advisory services, retail distribution of mutual funds, insurance, and general corporate services. "
 target: ModernAdvisor
Vancouver-based ModernAdvisor is a digital investment management company. ModernAdvisor uses technology to help advisors bring Canadians intelligent investing options, allowing them to reach their investment goals through transparent, unbiased, and cost-effective investment management services.
price ($mm)
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announced 12/2/2015 via BNC Analysis

Wealthsimple, will acquire ShareOwner

See 56 Comparable Transactions
synopsis: Wealthsimple Financial Inc., Canada's leading online investing service, announced it has acquired Canadian ShareOwner Investments Inc., the country's first automated investment manager.
buyer: Wealthsimple
Wealthsimple is Canada's leading online investment manager, making smart and simple investing accessible to all Canadians with low minimums and low fees. Their on-demand financial planning services and investment advice educate clients and keep their investments on track. "
 target: ShareOwner
ShareOwner (Canadian ShareOwner Investments) has been providing independent investment education and low-cost investing services to retail investors since 1987.
price ($mm)
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closed 11/3/2014 via BusinessWire

Evercore Partners Inc., acquired ISI Group, Inc.

See 284 Comparable Transactions
synopsis: Evercore announced that it has acquired the operating businesses of ISI International Strategy & Investment (“ISI”). ISI is a leading independent research-driven equity sales and agency trading firm. ISI is a full service broker-dealer offering macro and fundamental research, sales and trading.
buyer: Evercore Partners Inc. (EVR:$1,004.73)
Evercore Partners is a leading independent investment banking advisory firm. Evercore’s Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions. "
 target: ISI Group, Inc.
ISI is a leading independent research-driven equity sales and agency trading firm. ISI strives to be the Street’s best investment research resource for their clients' money management performance. ISI is a full service broker-dealer offering macro and fundamental research, sales and trading.
price ($mm)
$132
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2010 via BNC Analysis

FXCM Inc., acquired ODL Securities

See 55 Comparable Transactions
synopsis: ODL Group Limited (“ODL”), a leading, independent forex, derivatives, equities and commodities broker, has been acquired by US-based FXCM Holdings LLC (“FXCM”), a leading global forex broker that caters to both retail and institutional markets.
buyer: FXCM Inc. (GLBR:$417.32)
FXCM Inc. is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. "
 target: ODL Securities
ODL Securities Limited (ODLS) commenced trading early in 1995. Initially it specialised in derivatives and equities but recently has seen significant growth in foreign exchange, equity CFDs, Corporate and Government bond trading and other over-the-counter (OTC) products.
price ($mm)
$55
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/16/2020 via PR Newswire

Cboe Global Markets, Inc., will acquire BIDS Trading

See 51 Comparable Transactions
synopsis: Cboe Global Markets, Inc., a market operator and global trading solutions provider, announced that it has entered into a definitive agreement to acquire BIDS Trading, a registered broker-dealer and the operator of the BIDS Alternative Trading System (ATS), the largest block-trading ATS by volume1 in the U.S., subject to regulatory review.
buyer: Cboe Global Markets, Inc. (CBOE:$3,181.50)
Cboe Global Markets provides cutting-edge trading and investment solutions to market participants around the world. The company is committed to defining markets through product innovation, leading edge technology and seamless trading solutions. "
 target: BIDS Trading
BIDS Trading, L.P. is a registered broker-dealer and the operator of the BIDS Alternative Trading System (ATS), which was designed to bring counterparties together to anonymously trade large blocks of shares.
price ($mm)
rev ($mm)
$42
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 2/8/2012 via PR Newswire

Alternative Investment Partners, will acquire GO Markets Pty Limited

See 51 Comparable Transactions
synopsis: The Board of AIP Global Holdings Limited is pleased to announce that the Company has entered into an agreement with My First Investments Limited to acquire a controlling interest in Australian-based GO Markets Pty Limited, a leading online financial services business headquartered in Melbourne, Australia.
buyer: Alternative Investment Partners
Established in 2002, Alternative Investment Partners is a full-service global investment banking and securities firm headquartered in Tokyo, Japan, offering fund distribution services and a wide range of sophisticated, value-added investment banking services. "
 target: GO Markets Pty Limited
GO Markets is a multi award-winning Australian registered company providing online-based financial services to an extensive client base in Australia and overseas. It offers regulated financial services including Margin FX, Securities and Derivatives.
price ($mm)
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closed 10/13/2011 via BusinessWire

FXCM Inc., acquired Foreland Forex Co., Ltd.

See 51 Comparable Transactions
synopsis: FXCM Inc., a leading online provider of foreign exchange, ("FX"), trading and related services worldwide, announced that its subsidiary FXCM Japan Securities Co., Ltd. has completed its acquisition of Japanese FX broker Foreland Forex Co., Ltd.
buyer: FXCM Inc. (GLBR:$417.32)
Forex Capital Markets LLC is one of the Largest Forex Dealer Members. More than 125,000 live accounts are traded on FXCM trading platforms. As of January 2009, an average of $500 billion in notional volume is traded each month on FXCM trading platform. "
 target: Foreland Forex Co., Ltd.
Foreland Forex Co., Ltd. offers retail foreign exchange services. The company was founded in 2001 and is based in Tokyo, Japan.
price ($mm)
$17
rev ($mm)
EBITDA ($mm)
$9
EV / rev
EV / EBITDA
2.0x
closed 9/21/2011 via PR Newswire

FXDD, acquired Frontier FX

See 336 Comparable Transactions
synopsis: FXDD Europe, a leader in online Forex trading and education, announced it has acquired the business of Dublin based Frontier FX, a leading international Forex broker. Frontier FX provides a multi-bank electronic trading platform for Spot and Forward foreign exchange services with a primary focus on professional traders.
buyer: FXDD
FXDD is a leader in online Forex trading and education, dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity. It provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers "
 target: Frontier FX
Frontier FX provides a multi-bank electronic trading platform for Spot and Forward foreign exchange services with a primary focus on professional traders. The company offers such services to banks, fund managers, hedge funds and CTA's enabling them to trade the global FX market.
price ($mm)
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announced 5/28/2008 via Company Press Release

Saxo Bank, will acquire Cambiste

See 51 Comparable Transactions
synopsis: Danish online investment bank Saxo is acquiring Cambiste, a French provider of Web-based foreign exchange trading services, for an undisclosed sum.
buyer: Saxo Bank
Saxo Bank A/S is a global investment bank specialising in online investments in international Capital Markets. Saxo Bank enables clients to trade currencies, shares, CFDs, futures, options and other derivatives, as well as providing portfolio management via our online trading platform, SaxoTrader. "
 target: Cambiste
Cambiste is the only forex broker fully regulated by Banque de France. The company was launched by Pierre-Antoine Dusoulier who wanted to offer an in-shore currency trading solution, compliant with french regulation. Cambiste has quickly attracted a large number of active currency traders.
price ($mm)
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announced 10/9/2020 via Market Watch

TP ICAP, will acquire Liquidnet, Inc.

See 77 Comparable Transactions
synopsis: UK-based TP ICAP PLC will acquire Liquidnet Holdings Inc., an electronic trading network. The acquisition of Liquidnet is a transformational deal that will diversify TC ICAP's business mix and contribute to boosting revenue growth and underlying operating margin.
buyer: TP ICAP (LSE:TCAP:$2,398.01)
Headquartered in London, TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy, and commodities markets. TP ICAP provides comprehensive analysis and insight into market conditions and long-term trends. "
 target: Liquidnet, Inc.
Liquidnet is a technology-driven, global institutional investment network, connecting the world’s investors to the world’s investments. Its network spans 45 markets and connects institutional brokers, investment banks, exchanges, alternative trading venues, and data and research providers.
price ($mm)
$575
rev ($mm)
$339
EBITDA ($mm)
$64
EV / rev
2.1x
EV / EBITDA
10.9x
announced 10/9/2020 via Market Watch

TP ICAP, will acquire Liquidnet, Inc.

See 77 Comparable Transactions
synopsis: UK-based TP ICAP PLC will acquire Liquidnet Holdings Inc., an electronic trading network. The acquisition of Liquidnet is a transformational deal that will diversify TC ICAP's business mix and contribute to boosting revenue growth and underlying operating margin.
buyer: TP ICAP (LSE:TCAP:$2,398.01)
Headquartered in London, TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy, and commodities markets. TP ICAP provides comprehensive analysis and insight into market conditions and long-term trends. "
 target: Liquidnet, Inc.
Liquidnet is a technology-driven, global institutional investment network, connecting the world’s investors to the world’s investments. Its network spans 45 markets and connects institutional brokers, investment banks, exchanges, alternative trading venues, and data and research providers.
price ($mm)
$575
rev ($mm)
$339
EBITDA ($mm)
$64
EV / rev
2.1x
EV / EBITDA
10.9x
closed 5/13/2020 via BNC Analysis

TradeFloor Pty Ltd, acquired OpenMarkets

See 54 Comparable Transactions
synopsis: Software developer TradeFloor has acquired a controlling stake in OpenMarkets, a digital trading platform that provides retail investors, traders, advisers, robo-advisers, brokers and financial intermediaries with a suite of innovative brokerage services for trading on the Australian securities markets.
buyer: TradeFloor Pty Ltd
TradeFloor is a must-have application for anyone who trades (or is thinking about trading) Exchange-Traded Options in Australia. They are striving to make options accessible to everyone, regardless of trading knowledge, and provide valuable insights into the risk and reward of trading strategies. "
 target: OpenMarkets
OpenMarkets is a digital trading platform that provides retail investors, traders, advisers, robo-advisers, brokers and financial intermediaries with a suite of innovative brokerage services for trading on the Australian securities markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2020 via BusinessWire

The Charles Schwab Corporation, acquired Motif Investing, Inc.

See 54 Comparable Transactions
synopsis: The Charles Schwab Corporation announced that it has completed the acquisition of the technology and intellectual property of Motif, a next-generation online broker offering thematic investing to individual and institutional investors.
buyer: The Charles Schwab Corporation (SCHW:$10,615.00)
The Charles Schwab Corporation is a leading provider of financial services. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. "
 target: Motif Investing, Inc.
Motif is a next-generation online broker offering thematic investing to individual and institutional investors. They are a fintech pioneer that has combined breakthrough technology and data science to deliver customized thematic portfolios to investors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/24/2020 via PE Hub

Purpose Advisor Solutions, acquired Wealthsimple

See 17 Comparable Transactions
synopsis: Purpose Advisor Solutions, a new financial services company focused on creating the tools, services and support to help financial advisors build their own business, has acquired Wealthsimple, an online investment manager that builds a personal, low-cost portfolio for user.
buyer: Purpose Advisor Solutions
Purpose Advisor Solutions is a new financial services company focused on creating the tools, services and support to help financial advisors build their own business. Their team is passionate about helping advisors and is building a new business model to provide what they need to thrive and succeed."
 target: Wealthsimple
Wealthsimple is an online investment manager that builds a personal, low-cost portfolio for user. They are on a mission to bring smarter financial services to everybody, regardless of age or net worth.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/18/2019 via BNC Analysis

Flatex, will acquire DEGIRO B.V.

See 54 Comparable Transactions
synopsis: flatex Bank AG, a leading online brokerage business in Europe, will acquire DEGIRO BV, one of the fastest growing online brokers in Europe. DEGIRO provides affordable, custom-made financial services for investors worldwide. Their intuitive platform accommodates all styles of investing, and offers a large number of financial instruments and markets.
buyer: Flatex (DB:FLA:$132.15)
Flatex is a leading online brokerage business in Europe. Flatex provides an affordable and mobile online broker-platform with expert service and advice. Flatex offers trading in all common securities such as shares, funds and ETFs in exchange and over-the-counter trading. "
 target: DEGIRO B.V.
DEGIRO is one of the fastest growing online brokers in Europe. DEGIRO provides affordable, custom-made financial services for investors worldwide. Their intuitive platform accommodates all styles of investing, and offers a large number of financial instruments and markets.
price ($mm)
$279
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2019 via BNC Analysis

VinaCapital Investment Management, acquired Smartly Pte Ltd

See 17 Comparable Transactions
synopsis: VinaCapital, one of Vietnam’s leading investment management and real estate development firms, has acquired Smartly, a Singapore-based, financial technology company building a new-generation robo-advisor, providing a digital wealth management platform to retail investors.
buyer: VinaCapital Investment Management
Founded in 2003, VinaCapital is one of Vietnam’s leading investment management and real estate development firms, with a diversified portfolio of USD1.8 billion in assets under management. "
 target: Smartly Pte Ltd
Smartly is a Singapore-based, financial technology company building a new-generation robo-advisor, providing a digital wealth management platform to retail investors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

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Liquidnet, Inc.

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OpenMarkets

Motif Investing, Inc.

Wealthsimple

DEGIRO B.V.

Smartly Pte Ltd

Pages:  
Geography
Matching Companies
Ticker: NSUR
 
 
 
 
 
 
 
 
Life Quotes, Inc.
Originally founded in 1984 as Quotesmith Corporation, Life Quotes, Inc. owns and operates a comprehensive consumer information service and companion insurance brokerage service that caters to the needs of self-directed insurance shoppers.
year
2008
rev ($mm)
$15.67
EBITDA ($mm)
($0.58)
EBIT ($mm)
($1.37)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: OB:GJF
 
 
 
 
 
 
 
 
Gjensidige Forsikring ASA
Gjensidige Forsikring ASA
Gjensidige is one of the leading players in the Nordic general insurance market. The group offers general insurance products in Norway, Sweden, Denmark and the three Baltic countries. In addition the group offers online retail banking, pension and savings products and health care services in Norway.
year
2018
rev ($mm)
$3,607.54
EBITDA ($mm)
$688.82
EBIT ($mm)
$646.05
Net Income ($mm)
$491.26
Employees
3802
  • drill down
  • watch
Ticker: LSE:ESUR
 
 
 
 
 
 
 
 
esure Group plc
esure Group plc
esure Group plc offers insurance products and peace of mind to almost two million drivers, home owners, pet owners and holiday makers across the UK. The company was launched in 2001 as a joint venture between insurance guru, Peter Wood, and Halifax plc.
year
2014
rev ($mm)
$902.68
EBITDA ($mm)
$179.00
EBIT ($mm)
$173.53
Net Income ($mm)
$147.58
Employees
1500
  • drill down
  • watch
Ticker: UNH
 
 
 
 
 
 
 
 
UnitedHealth Group
UnitedHealth Group
UnitedHealth Group is the most diversified health care company in the United States and a leader worldwide in helping people live healthier lives and helping to make the health system work better for everyone.
year
2020
rev ($mm)
$252,575.00
EBITDA ($mm)
$26,139.00
EBIT ($mm)
$23,983.00
Net Income ($mm)
$16,732.00
Employees
325000
  • drill down
  • watch
Ticker: HUM
 
 
 
 
 
 
 
 
Humana Inc.
Humana Inc.
Humana Inc., headquartered in Louisville, Kentucky, is a leading health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being.
year
2014
rev ($mm)
$42,539.00
EBITDA ($mm)
$2,276.00
EBIT ($mm)
$2,017.00
Net Income ($mm)
$1,126.00
Employees
52000
  • drill down
  • watch
Ticker: AIZ
 
 
 
 
 
 
 
 
Assurant
Assurant
Assurant, Inc. is a provider of specialty insurance products in the U.S. and select worldwide markets. The company operates its business through four business segments: Assurant Employee Benefits, Assurant Health, Assurant Solutions and Assurant Specialty Property.
year
2020
rev ($mm)
$9,983.10
EBITDA ($mm)
$803.70
EBIT ($mm)
$670.80
Net Income ($mm)
$430.20
Employees
13900
  • drill down
  • watch
Ticker: NYSE:CNO
 
 
 
 
 
 
 
 
CNO Financial Group
CNO Financial Group
CNO Financial Group, Inc. consists of insurance companies – principally Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company – that primarily serve middle-income pre-retiree and retired Americans.
year
2019
rev ($mm)
$4,328.70
EBITDA ($mm)
$140.25
EBIT ($mm)
($146.30)
Net Income ($mm)
Employees
3300
  • drill down
  • watch
Ticker: UAM
 
 
 
 
 
 
 
 
Universal American Corp
Universal American Corp
Universal American, through its family of healthcare companies, provides health benefits to people with Medicare. Its family of companies offers affordable healthcare products and programs, including Medicare Advantage plans and traditional health insurance.
year
2012
rev ($mm)
$2,177.50
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$53.00
Employees
1000
  • drill down
  • watch
Ticker: TSE:7199
 
 
 
 
 
 
 
 
Premium Group Co., Ltd.
Premium Group Co., Ltd.
Premium Group is a provider of financial services in Japan. The company provides credit services to help make their customer's daily life more prosperous and enjoyable. They offer credit services for automobiles, shopping, ecology, and real estate. Premium also offers automobile warranty services.
year
2017
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: XTRA:A7A
 
 
 
 
 
 
 
 
FinLab AG
FinLab AG is one of the first and largest company builders and investors focused on the Financial Services Technologies ("fintech") sector. FinLab focuses on developing German fintech start-ups and providing venture capital for their financial needs.
year
2019
rev ($mm)
$4.68
EBITDA ($mm)
$0.79
EBIT ($mm)
$0.76
Net Income ($mm)
$21.88
Employees
0
  • drill down
  • watch
Ticker: SEHK:474
 
 
 
 
 
 
 
 
Hao Tian Development Group Limited
Hao Tian Development Group Limited
Hao Tian Development Group Limited is an integrated investment group company that is focused on financial businesses. Through its subsidiaries the group offers money lending services, logistics and warehousing services, and engages in the trading of commodities.
year
2017
rev ($mm)
$15.16
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
358
  • drill down
  • watch
Ticker: ASX:CHF
 
 
 
 
 
 
 
 
Charter Pacific Corp. Ltd.
Charter Pacific Corporation Limited, a diversified investment company, focuses on investing in the mining and resources, and agri-business sectors. Charter Pacific Corporation Limited was incorporated in 1987 and is headquartered in Surfers Paradise, Australia.
year
2014
rev ($mm)
$0.26
EBITDA ($mm)
($1.57)
EBIT ($mm)
($1.59)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: AIM:GLIF
 
 
 
 
 
 
 
 
GLI Finance
GLI Finance
GLI Finance Limited (AIM: GLIF) originates and invests in loans, providing finance to small and medium sized businesses in the US and UK. GLI has invested in nineteen alternative finance platforms – all focused on the Small & Medium Enterprise segment.
year
2015
rev ($mm)
$10.79
EBITDA ($mm)
($3.29)
EBIT ($mm)
($5.01)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: NMR
 
 
 
 
 
 
 
 
Nomura Holdings, Inc.
Nomura Holdings, Inc.
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients.
year
2011
rev ($mm)
$16,764.45
EBITDA ($mm)
$3,560.91
EBIT ($mm)
$2,646.31
Net Income ($mm)
$346.80
Employees
35697
  • drill down
  • watch
Ticker: LSE:MNG
 
 
 
 
 
 
 
 
M&G plc
M&G plc
M&G is an international savings and investment business. M&G serves customers through two brands: M&G Investments - an asset manager; and Prudential which manages long-term savings, investments and retirement solutions. M&G manages investments for both individuals and large institutional investors.
year
2019
rev ($mm)
$41,560.33
EBITDA ($mm)
$5,143.02
EBIT ($mm)
$5,027.70
Net Income ($mm)
$1,403.90
Employees
6000
  • drill down
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Ticker: STT
 
 
 
 
 
 
 
 
State Street Corporation
State Street Corporation
State Street Corporation is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading.
year
2018
rev ($mm)
$11,734.00
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$2,450.00
Employees
38113
  • drill down
  • watch
Ticker: LM
 
 
 
 
 
 
 
 
Legg Mason, Inc.
Legg Mason, Inc.
Legg Mason is a global asset management firm that provides active asset management in many major investment centers throughout the world.
year
2016
rev ($mm)
$2,660.84
EBITDA ($mm)
$492.47
EBIT ($mm)
$436.32
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: SWX:PGHN
 
 
 
 
 
 
 
 
Partners Group Holding AG
Partners Group Holding AG
Partners Group is a global private markets investment manager, serving over 900 institutional investors worldwide. They have USD 66 billion in assets under management and more than 950 professionals across 19 offices worldwide.
year
2016
rev ($mm)
$1,024.21
EBITDA ($mm)
$626.28
EBIT ($mm)
$620.16
Net Income ($mm)
$587.63
Employees
  • drill down
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Ticker: MF
 
 
 
 
 
 
 
 
MF Global Holdings Ltd
MF Global Holdings Ltd
MF Global is one of the world’s leading brokers of commodities and listed derivatives. The firm delivers trading and hedging solutions as a broker-dealer across all major markets for futures and options, commodities, fixed income, equities and foreign exchange.
year
2011
rev ($mm)
$2,233.57
EBITDA ($mm)
$69.91
EBIT ($mm)
$25.47
Net Income ($mm)
Employees
2847
  • drill down
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Ticker: IBKR
 
 
 
 
 
 
 
 
Interactive Brokers Group
Interactive Brokers Group
Interactive Brokers Group, together with its subsidiaries, is an automated global electronic broker that specializes in catering to financial professionals by offering state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and more.
year
2015
rev ($mm)
$1,045.51
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$12.53
Employees
960
  • drill down
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Ticker: MISX:OFCB
 
 
 
 
 
 
 
 
Otkritie Financial Corporation Ltd.
Otkritie Financial Corporation Ltd.
OTKRITIE Financial Corporation Ltd. is one of Russia’s leading banking groups which offers its clients and partners the full array of investment banking, commercial banking, brokerage and investment management services.
year
2017
rev ($mm)
$855.02
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$33.30
Employees
15135
  • drill down
  • watch
Ticker: ASX:AMP
 
 
 
 
 
 
 
 
AMP Limited
AMP is the leading independent wealth management company in Australia and New Zealand. AMP has the largest financial advice network in Australia and New Zealand with more than 4,400 aligned and employed financial advisers. They manage more than $215 billion in assets for their customers.
year
2015
rev ($mm)
$10,662.16
EBITDA ($mm)
$2,130.31
EBIT ($mm)
$2,081.74
Net Income ($mm)
$737.68
Employees
5400
  • drill down
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Ticker: BEN
 
 
 
 
 
 
 
 
Franklin Templeton Investments
Franklin Templeton Investments
Franklin Resources is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton. Through specialized teams, the company has expertise across all asset classes, including equity, fixed income, alternatives, and custom multi-asset solutions.
year
2020
rev ($mm)
$5,680.20
EBITDA ($mm)
$1,606.70
EBIT ($mm)
$1,553.30
Net Income ($mm)
$981.90
Employees
0
  • drill down
  • watch
Ticker: IVZ
 
 
 
 
 
 
 
 
Invesco Ltd.
Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. Invesco provides a wide range of investment strategies and vehicles to their clients around the world.
year
2019
rev ($mm)
$5,630.50
EBITDA ($mm)
$1,492.60
EBIT ($mm)
$1,331.00
Net Income ($mm)
$563.50
Employees
0
  • drill down
  • watch