Recent Deals by GTCR

Generated with sparks and insights from 12 sources

Introduction

Surmodics Acquisition: GTCR signed a deal to take Surmodics Inc. private at an equity valuation of approximately $627 million. The deal is expected to be completed in the second half of the year.
AssetMark Financial Acquisition: GTCR agreed to pay $2.7 billion to acquire AssetMark Financial, a wealth management platform.
Consumer Cellular Purchase: GTCR agreed to purchase Consumer Cellular for around $2.3 billion.
ADT's commercial fire and security segment: GTCR partnered with former Protection1 executives to acquire ADT's commercial fire and security segment.
Promotions within GTCR: GTCR announced the promotion of several key investment professionals to Managing Director and Principal positions.

Deal Value: Approximately $627 million.
Company: Surmodics Inc., a medical device and in vitro diagnostic technology company.
Completion: Expected in the second half of the year.
Advisors: Jefferies LLC was the financial adviser and Faegre Drinker Biddle & Reath LLP was the legal adviser to Surmodics. Kirkland & Ellis LLP and Cleary Gottlieb Steen & Hamilton LLP were legal advisers and Goldman Sachs & Co. LLC was financial adviser to GTCR.

Deal Value: $2.7 billion.
Company: AssetMark Financial, a wealth management platform.
Purpose: The acquisition aims to enhance GTCR's presence in the financial services sector.

Deal Value: Around $2.3 billion.
Company: Consumer Cellular, one of the nation's largest MVNOs with around 4 million customers.
Purpose: The acquisition is part of GTCR's strategy to expand its portfolio in the telecommunications sector.

Partners: GTCR partnered with former Protection1 executives Dan Bresingham and Tim Whall.
Company: ADT's commercial fire and security segment, a leading national provider of electronic security and fire safety services.
Purpose: The acquisition aims to strengthen GTCR's position in the security services market.

New Managing Directors: Luke Marker, Stephen Master, and KJ McConnell.
New Principals: Christopher Smith and Geoffrey Tresley.
New Hire: Ashwin Krishnan as a Principal.
Purpose: These promotions and new hires reflect the growth and depth of GTCR's investment team.