GTCR exits Protection 1

GTCR has closed the sale of Protection 1 to Apollo Global Management. Protection 1 provides security alarm monitoring in the United States. Morgan Stanley & Co. LLC and Raymond James served as financial advisors to GTCR/Protection 1.


GTCR to sell Cord Blood Registry for $700 mln

AMAG Pharmaceuticals Inc. has agreed to buy Cord Blood Registry for $700 million. The deal is expected to close in third quarter. San Bruno, California-based Cord Blood, a newborn stem cell company, is a portfolio company of GTCR.

GTCR-backed AssuredPartners acquires StoudAdvisors

AssuredPartners, which is backed by GTCR, has acquired Lancaster, Pennsylvania-based StoudtAdvisors, an insurance broker that specializes in employee benefits programs and human resources consulting. No financial terms were disclosed.


GTCR invests in Rx30

GTCR has invested in Transaction Data Systems Inc., which does business as Rx30. Financial terms weren’t announced. Ocoee, Florida-based Rx30 develops and supplies pharmacy management software solutions to the independent, hospital, long-term care and specialty pharmacy markets. Macquarie Corp. and Asset Finance Lending, Golub Capital, ORIX Leveraged Finance, Ares Capital Corp. and Business Development Corp. of America provided financing for the transaction. William Blair & Company served as financial advisor.


Warburg closed Sterigenics buy

Warburg Pincus has closed its buy of a majority of Sterigenics International. Financial terms weren’t announced. GTCR, which was the seller, will retain a minority. The deal was valued at $2 billion, Reuters News has reported. Deerfield, Illinois-based Sterigenics provides contract sterilization services.

GTCR-backed AssuredPartners appoints Sherman as vice chairman

AssuredPartners Inc, which is backed by GTCR, has named D. Michael Sherman as vice chairman. In addition to his new role, Sherman will continue as chairman and CEO of Dawson Companies, a platform company of AssuredPartners. Headquartered in Lake Mary, Florida, AssuredPartners is an insurance agency.


AssuredPartners buys T.A. Cummings Jr. Company

AssuredPartners Inc., a GTCR portfolio company, has acquired T.A. Cummings Jr. Company. Financial terms weren’t announced. Skokie, Illinois-based T.A. Cummings provides property and casualty and personal insurance products and services to commercial clients and individuals.

AssuredPartners buys Greater South Agency

AssuredPartners, a GTCR portfolio company, has acquired Greater South Agency. Financial terms were not announced. Columbia, South Carolina-based Greater South is a family-owned insurance broker.

GTCR closes Fundtech sale

GTCR said Friday it closed its sale of portfolio company, Fundtech, to DH Corp. The deal was valued at about $1.25 billion New York-based Fundtech provides software that facilitates payment processing, cash management, and financial messaging products for financial institutions and corporate customers. Barclays and RBC Capital Markets LLC advised Fundtech.


GTCR to sell Fundtech to DH Corp. for $1.25 bln

GTCR said Monday that it has agreed to sell Fundtech to DH Corp. for about $1.25 billion cash. The deal is expected to close in second quarter. New York-based Fundtech provides transaction banking software and services. Barclays and RBC Capital Markets LLC provided financial advised to Fundtech.

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