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New Deal


Announced

Completed

Genstar Capital completed the investment in Likewize.

Financials

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

Tags

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Minority

United States

Acquisition

mobile devices

Private

technology insurance

Domestic

technical support

Electronic Components and Equipment

Private Equity

Friendly

Single Bidder

Completed

Synopsis

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Genstar Capital, a private equity firm, completed the investment in Likewize, a provider of comprehensive protection against any technology disruption. Genstar Capital will invest along with existing investor Brightstar Capital Partners. Financial terms were not disclosed. "Over the last two years, our singular focus has been to become the world's leading tech protection and support company and this investment is testimony to the transformation that has occurred. We are excited to have Genstar's experience and team alongside Brightstar's as we embark on the next chapter of the company's evolution. We have come a long way in resolving people's tech problems painlessly, but there is so much more to come," Rod Millar, Likewize CEO.

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