Financial Services
PE-backed insurance, lending, payment processing, and financial technology companies
PE-Owned Brands
LegalZoom
Owned by Permira
Permira invested in LegalZoom, an online legal document and business formation platform, in 2014 and led its 2021 IPO (NASDAQ: LZ). Critics argue LegalZoom's PE-backed growth prioritized subscription lock-in over helping users understand their legal options.
0 locations tracked
OneMain Financial
Owned by Apollo Global Management
Apollo Global Management played a key role in acquiring and restructuring OneMain Financial (formerly Springleaf Financial, formerly American General Finance). OneMain provides personal loans to subprime borrowers at rates up to 36% APR. Consumer advocates have raised concerns about predatory lending practices targeting vulnerable borrowers.
0 locations tracked
RaiseRight
Owned by Mountaingate Capital
Gift card fundraising platform for schools, teams, and nonprofits (formerly ShopWithScrip / Great Lakes Scrip Center). A current Mountaingate Capital portfolio company.
0 locations tracked
Refinitiv (formerly Thomson Reuters Financial)
Owned by The Blackstone Group
Blackstone and a consortium acquired Thomson Reuters' financial data business for $20B in 2018, renaming it Refinitiv. London Stock Exchange Group acquired Refinitiv for $27B in 2021. The deal transformed financial data infrastructure under PE ownership — data costs for financial services firms rose significantly.
0 locations tracked
Verifone
Owned by Francisco Partners
Francisco Partners took Verifone, the world's largest point-of-sale terminal manufacturer, private for $3.4B in 2018. Verifone processes 70%+ of U.S. card payments. Post-acquisition the company has pursued aggressive software-as-a-service transition, raising costs for merchants.
0 locations tracked