Harris
Williams, a global investment bank specializing in M&A advisory
services, announces that it advised Ontellus, a portfolio company of The
CapStreet Group (CapStreet), on its majority investment from Aquiline
Capital Partners LLC (Aquiline). The transaction was led by Derek
Lewis, Anthony
Basmajian, Bryce
Walker and Maury Nolen of the Harris Williams Business
Services Group. As part of the transaction, CapStreet will remain an
investor in the company.
“We’re thrilled to have worked with CapStreet and the Ontellus
management team on this transaction, which adds to our firm’s track
record of advising leading legal and insurance services companies,” said
Derek Lewis, a managing director at Harris Williams. “We look forward to
seeing what Ontellus, Aquiline and CapStreet accomplish together in
their new partnership.”
“Ontellus is an industry leader in technology, expertise and
comprehensive security,” said Anthony Basmajian, a director at Harris
Williams. “We continue to see investor interest in the professional
services sector, especially for top-quality assets like Ontellus.”
Ontellus empowers insurance carriers, self-insured corporations and law
firms to reduce costs, make informed decisions and accelerate claims
resolution. As one of the nation’s largest, privately-held data
retrieval and claims intelligence providers, Ontellus leverages decades
of experience and cutting-edge technology to deliver impactful products
and client-centric services within industry-leading turnaround times.
The CapStreet Group is a Houston, Texas-based private equity firm that
invests in owner-managed, lower-middle market companies. CapStreet
targets companies operating in the industrial and outsourced business
service sectors, including tech enabled services and software
businesses. CapStreet’s approach is to partner with strong management
teams with the goal of building out corporate infrastructure,
accelerating growth and profitability, and creating long term
sustainable businesses.
Aquiline, founded in 2005, is a private equity firm based in New York
and London that invests in businesses across the financial services
sector in banking and credit; insurance; investment management; and
financial technology and services.
Harris
Williams, an investment bank specializing in M&A advisory services,
advocates for sellers and buyers of companies worldwide through critical
milestones and provides thoughtful advice during the lives of their
businesses. By collaborating as one firm across Industry Groups and
geographies, the firm helps its clients achieve outcomes that support
their objectives and strategically create value. Harris Williams is
committed to execution excellence and to building enduring, valued
relationships that are based on mutual trust. Harris Williams is a
subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams Business Services Group has experience advising
companies that provide a range of commercial, industrial and
professional services. For more information on the firm’s Business
Services Group and other recent transactions, visit the Business
Services Group’s section of the Harris Williams website.
Harris Williams LLC is a registered broker-dealer and member of FINRA
and SIPC. Harris Williams & Co. Ltd is a private limited company
incorporated under English law with its registered office at 5th Floor,
6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar
of Companies for England and Wales (registration number 07078852).
Harris Williams & Co. Ltd is authorized and regulated by the Financial
Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH
is registered in the commercial register of the local court of Frankfurt
am Main, Germany, under HRB 107540. The registered address is
Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email
address: hwgermany@harriswilliams.com).
Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No.
DE321666994). Harris Williams is a trade name under which Harris
Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co.
Corporate Finance Advisors GmbH conduct business.
For media inquiries, please contact Katie Langemeier, associate brand
manager, at +1 (804) 648-0072.
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