PE Deals

Genstar invests in capital markets risk management firm Numerix

Jefferies LLC served as financial advisor to Numerix while RBC Capital Markets served as financial advisor to Genstar.

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  • Numerix was founded in 1996
  • Based in San Francisco, Genstar Capital has approximately $35 billion of assets under management
  • Genstar invests in the financial services, healthcare, industrials, and software industries

Genstar Capital has acquired Numerix, a provider of capital markets risk management technology. No financial terms were disclosed.

Founded in 1996, Numerix has over 19 offices, 225 clients and 90 partners across more than 26 countries.

Tony Salewski, a managing director of Genstar, said in a statemment, “Numerix has built a premier reputation as an innovative company with leading analytics and workflow solutions in the front-to-risk market. Our partnership with Steven and the Numerix management team will supplement their strong organic growth with strategic acquisitions that expand the company’s significant value proposition.”

Jefferies LLC served as financial advisor and Davis Polk & Wardwell LLP served as legal counsel to Numerix. RBC Capital Markets served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Genstar.

Based in San Francisco, Genstar Capital has approximately $35 billion of assets under management. Genstar invests in the financial services, healthcare, industrials, and software industries.