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FT Partners Advises SquareTrade on its $238,000,000 Growth Financing

Overview of Transaction
  • SquareTrade has entered into an agreement whereby Bain Capital and Bain Capital Ventures, the private equity and venture capital affiliates of Bain Capital, LLC ("Bain Capital"), will invest approximately $238,000,000 in SquareTrade
  • SquareTrade is the largest independent warranty provider for consumer electronics and major appliances
  • Bain Capital is a global private equity firm with approximately $60 billion in assets under management
  • Select previous investments include LinkedIn, SunGard, WorldPay and FleetCor
  • The transaction closed in January 2012
Significance of Transaction
  • SquareTrade is well-positioned to pursue additional growth opportunities by leveraging Bain's strategic relationships and expertise in consumer-related businesses
FT Partners' Role
  • FT Partners served as exclusive strategic and financial advisor to SquareTrade and its Board of Directors
  • Transaction highlights FT Partners' ability to rapidly and confidentially execute complex transactions
  • FT Partners developed a detailed and comprehensive set of financial materials to highlight the unique value proposition of SquareTrade and to enable efficient and thorough investor diligence