Tranzact
Ownership Period:
2014 – 2016
Headquarters:
Fort Lee, New Jersey
Sector:
Insurance Services & Technology
Tranzact is a market leader in providing end-to-end customer acquisition solutions to the health, life and property & casualty insurance sectors. White Mountains sold Tranzact to Clayton, Dubilier & Rice in 2016.
Investment highlights:
- White Mountains’ profile as flexible, experienced insurance investor enabled proprietary acquisition transaction
- Refocused business on core, profitable insurance sectors
- Accretive tuck-in acquisition of TruBridge increased scale and provided meaningful synergies
- Backed management in execution of successful auction, resulting in sale to Clayton, Dubilier & Rice in 2016