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Genstar Capital acquires majority stake in Likewize to fuel continued growth

PRIVATEOct 22, 2024

Acquiring Company

Genstar Capital

Acquired Company

Likewize

San FranciscoSouthlakeVenture CapitalInsurance

Description

Likewize, a leading global provider of tech protection and support, announced that Genstar Capital has increased its investment in Likewize, becoming the majority investor. This significant investment empowers Likewize for the next stage of growth and innovation, ensuring continued leadership in driving the company forward.

Quick answer

Genstar Capital is acquiring Likewize, announced October 22, 2024. Genstar Capital is based in San Francisco, California, United States.

How much did Genstar Capital pay for Likewize?
The deal value was not disclosed.
What does Genstar Capital do?
Genstar Capital is a leading middle-market private equity firm, investing in high quality companies for over 30 years.
Where are Genstar Capital and Likewize based?
Genstar Capital is based in San Francisco, California, United States. Likewize is based in Southlake, Texas, United States.
Who are the decision-makers at Genstar Capital?
Fundz holds 1 contact at Genstar Capital. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Venture Capital and Insurance

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Genstar Capital

Location

San Francisco, California, United States

About

Genstar Capital is a leading middle-market private equity firm, investing in high quality companies for over 30 years. Genstar currently has approximately $35 billion in assets under management and is focused on investing in financial services, software, industrials, and healthcare. Genstar partners with its management teams and network of strategic advisors to grow and transform its portfolio companies into industry-leading businesses. We operate as one team with a single office in the heart of San Francisco. Our vision is to help build lasting, impactful businesses that will continue to succeed well beyond our ownership.

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Frequently asked

Who acquired Likewize?

Likewize was acquired by Genstar Capital, based in San Francisco. The deal was reported on October 22, 2024. Genstar Capital is a leading middle-market private equity firm, investing in high quality companies for over 30 years. Genstar Capital is privately held and operates in Venture Capital.

When did Genstar Capital acquire Likewize?

Genstar Capital's acquisition of Likewize was reported on October 22, 2024. Likewize, a leading global provider of tech protection and support, announced that Genstar Capital has increased its investment in Likewize, becoming the majority investor. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Likewize do?

Likewize is the company acquired in this transaction. It is privately held, operating in Insurance, and is based in Southlake.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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