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 […]
New York and London June 29, 2021
Flexpoint Ford (“Flexpoint”), a private equity investment firm specializing in the financial services and healthcare industries, is pleased to announce the completion of its acquisition of AFH Financial Group plc (“AFH”), a leading UK financial planning-led wealth management firm. Since its IPO in 2014, AFH has been providing wealth management and financial advisory services to […]
Tacoma, WA June 1, 2021
Propel Insurance (“Propel” or the “Company”), one of the nation’s largest privately-owned insurance agencies and a portfolio company of Flexpoint Ford (“Flexpoint”), announced today it has acquired South Carolina-based South Risk Management (“SRM”), a leading construction-focused insurance consulting firm. The acquisition of SRM expands Propel’s presence into South Carolina and adds to the Company’s existing Southeast footprint, which […]
Ontario, CA April 22, 2021
Canadian Hospital Specialties Ltd. (“CHS”), a leading specialty distributor and manufacturer of medical and surgical products, announced today it has received a strategic investment from Flexpoint Ford (“Flexpoint”), a private equity investment firm specializing in the healthcare and financial services industries. Previously majority-owned by affiliates of Cortec Group, CHS will continue operating as an independent […]
New York February 8, 2021
DASH Financial Technologies (“DASH”), the leading options technology and execution provider in the U.S., today announced that ION Investment Group (“ION”) has entered into a definitive agreement to acquire the company from Flexpoint Ford, LLC (“Flexpoint Ford”). “This is a very exciting moment for our firm as we embark on the next chapter of growth. […]
New York and London January 27, 2021
Flexpoint Ford, a private equity investment firm specializing in the financial services and healthcare industries, announced that it has entered into an agreement to acquire AFH Financial Group plc (“AFH”), a leading UK financial planning-led wealth management firm. “We believe that the UK wealth management market is currently undergoing an important transition, as regulatory and […]
Chicago, IL January 21, 2021
Flexpoint Ford, a private equity investment firm specializing in the financial services and healthcare industries, announced today the promotions of Michael Fazekas and Dominic Hood to Managing Director, and Dan Grigorescu, Vilas Nair and Thomas Shi to Principal. “We are excited to announce the promotions of these talented investment professionals. As Flexpoint grows in size […]