Chicago, IL October 8, 2021
Flexpoint Ford (“Flexpoint”), a private equity investment firm specializing in the financial services and healthcare industries, announced today it entered into a definitive agreement to acquire a majority stake of Clearstead Advisors, LLC (“Clearstead”), a Cleveland, Ohio-based RIA. The transaction is subject to regulatory approval and expected to close by the end of the year. Clearstead […]
Chicago, IL September 15, 2021
Flexpoint Ford, a private equity investment firm specializing in the financial services and healthcare industries, announced today the final closing of its second asset investment fund, Flexpoint Asset Opportunity Fund II, L.P. (“Asset Fund II”), at $825 Million. Asset Fund II will build on the strategy established in the predecessor fund, Flexpoint Special Assets Fund, L.P. […]
Deerfield, IL September 8, 2021
Alera Group, Inc., a top 20 largest independent, national insurance and financial services firm, announced it has signed a definitive agreement to merge with Propel Insurance Agency (Propel), one of the nation’s top 50 largest privately held insurance brokers. Headquartered in Tacoma, Washington, Propel’s leading property and casualty capabilities will bolster Alera Group’s presence in […]
Montreal and New York August 5, 2021
PayFacto Payments Inc. (“PayFacto” or “the Company”), a leading provider of payment solutions and point-of-sale technologies, is pleased to announce an equity investment of up to C$150 million, to accelerate PayFacto’s growth, led by private equity firm Flexpoint Ford with participation from BMO Capital Partners. PayFacto, one of Canada’s largest non-bank payment processors, is a leading provider of […]
COVINA. CA July 6, 2021
LERETA, LLC (“LERETA” or “the Company”), a leading national provider of real estate tax and flood services for mortgage servicers, and its equity holders, including funds managed by Tarsadia Investments, LLC, announced today that they have reached an agreement to sell the Company to private equity firms Flexpoint Ford and Vestar Capital Partners. The transaction is […]