Warburg Pincus and Stonebriar Invest in Montana Renewables (Calumet subsidiary)

Warburg Pincus Recapitalizes Kestra Financial; Stone Point Retains Minority Stake

February 25, 2019

Financial Services

Warburg Pincus agreed to acquire a majority interest in Kestra Financial in a recapitalization transaction, with funds managed by Stone Point Capital retaining a minority stake and Kestra management and certain advisors keeping equity. The deal will provide growth capital to expand Kestra's advisor platform, technology and recruiting initiatives and is expected to close subject to regulatory approvals.

Warburg Pincus Makes Growth Investment in TRC Companies

October 14, 2021

Engineering Services

Warburg Pincus has made a significant growth investment in TRC Companies to support the firm's continued expansion of environmentally focused, technology-enabled engineering, consulting and construction services. New Mountain Capital exited its investment as part of the transaction; proceeds will be used to scale TRC's compliance-focused engineering capabilities and further its work in decarbonization and utility-focused services.

Warburg Pincus Invests $100M in Matera

July 17, 2024

Cloud & SaaS

Warburg Pincus has made a $100 million growth investment in Matera to fund the Brazilian banking software provider’s expansion into North America and to accelerate product development. Matera, a provider of core banking, instant payments and QR code payment solutions used by more than 250 financial institutions, reported $77 million of revenue in 2023 and has a team of over 1,000 professionals.

Warburg Pincus Leads $47.5M Growth Investment in BriteCore

July 15, 2019

Cloud & SaaS

BriteCore, a cloud-native core software provider for property & casualty insurers, received $47.5 million of growth capital led by Warburg Pincus with participation from existing investors Radian Capital and WCF Mutual Insurance Company. The funding will be used to accelerate product development, expand the team of insurance industry experts, and support customer growth.

Oak Hill Capital Joins Warburg Pincus in Recapitalization of Kestra Holdings

September 30, 2022

Financial Services

Kestra Holdings, an Austin-based wealth management platform, completed a recapitalization in which Oak Hill Capital acquired the minority equity position previously held by funds managed by Stone Point Capital, while Warburg Pincus remains the majority investor. The transaction brings a new private capital partner to support Kestra’s continued scaling, platform investments and capability expansion across its wealth management businesses.

TowerBrook and Related Fund Management Invest in Stonebridge Companies

March 2, 2022

Real Estate

TowerBrook Capital Partners completed a majority investment in Stonebridge Companies, with Related Fund Management taking a significant minority stake and founder Navin Dimond rolling a meaningful portion of his equity. The investors and Stonebridge will commit capital to establish a real estate investment platform to fund new hotel acquisitions and support the company’s geographic expansion and operational growth; financial terms were not disclosed.