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New Deal


Announced

Completed

Abry Partners completed the acquisition of Portfolio Holding from Capital Z.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

insurance products

United States

Private Equity

financial services

Diversified Financials

Private

Friendly

Single Bidder

Completed

Majority

Synopsis

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Abry Partners, a Boston-based private equity firm, completed the acquisition of Portfolio Holding, an independent provider of finance and insurance products and services, from Capital Z. Financial terms were not disclosed. "We have been impressed by Portfolio's growth with consistent profitability over the years in a very competitive industry, as well as the quality of their home office and sales leadership in the field. The Portfolio team is a perfect example of the kind of company we invest in - motivated owners and executives who want to grow. We look forward to providing them the resources to help them succeed, while providing long-term value for all stakeholders in this investment," Brent Stone, Abry Senior Partner.

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