FT Partners Advises Safe-Guard on its Sale to Goldman Sachs Capital Partners
Overview of Transaction
- On December 21, 2012, Safe-Guard Products International, LLC ("Safe-Guard" or the "Company") announced its acquisition, in partnership with management, by an affiliate of Goldman Sachs
- Safe-Guard, a portfolio company of H.I.G. Capital ("H.I.G."), is a leading provider of finance and insurance ("F&I") solutions to the automotive industry
- H.I.G. is a leading global private investment firm with over $10 billion of assets under management across many sectors and industry verticals
- Goldman Sachs Group, Inc. (NYSE: GS), through its affiliates, is a global leader in private equity focusing on large, high quality companies across a broad range of industries and geographies
- Achieves highly attractive outcome for both the buyer and selling shareholders
- Buyer able to gain control of a highly attractive company while retaining and motivating management
- Sellers able to monetize portion of ownership at an attractive valuation
- Positions Safe-Guard to capitalize on the substantial growth opportunities across its platform of F&I program solutions
- FT Partners served as strategic and financial advisor to Safe-Guard
- FT Partners leveraged its deep knowledge, extensive experience and broad insurance industry relationships to help achieve a highly favorable outcome for stakeholders
- Highlights FT Partners' continued success in advising leading companies across the insurance services and technology sector
(1) Through Goldman Sachs Capital Partners, an affiliate of Goldman Sachs.