Genstar Capital Acquires Majority Stake in Likewize
October 22, 2024
Genstar Capital has increased its strategic investment in Likewize, becoming the majority investor while Brightstar Capital Partners and management remain minority shareholders. The additional capital will be used to accelerate Likewize's growth, expand AI-driven claims handling and premium tech support capabilities, and support further geographic expansion across Europe and other markets.
- Buyers
- Genstar Capital
- Targets
- Likewize
- Sellers
- Brightstar Capital Partners
- Industry
- IT Services
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Genstar Capital and Brightstar Capital Partners Invest in Likewize
November 9, 2022
IT Services
Genstar Capital has completed a strategic investment in Likewize, joining existing private equity investor Brightstar Capital Partners with the Likewize management team retaining a significant ownership stake. The capital will support Likewize's next phase of growth as the tech protection and support company scales its device protection, warranty, repair and premium support services globally.
-
Likewize Acquires Speedperform
April 29, 2025
Cloud & SaaS
Likewize, a Genstar-backed provider of device protection and premium technical support, has acquired Speedperform, a Copenhagen-based AI-driven customer support software provider. The acquisition integrates Speedperform's Microsoft GenAI capabilities and SaaS support content into Likewize's global support offerings to accelerate smarter self-service, faster resolutions, and more personalized customer experiences. Financial terms were not disclosed.
-
Likewize Acquires Optus Insurance Services and Signs 15-Year Exclusive Agreement with Optus
December 21, 2021
Insurance
Likewize entered into an agreement to acquire 100% of Optus Insurance Services Pty Limited from Singtel Optus for A$200 million (approximately US$140 million) and signed a 15-year exclusive supply agreement to provide Optus customers with device insurance, replacement and upgrade programs. The transaction strengthens Likewize's device protection portfolio and scales its presence in the Australian market; completion was expected in Q2 2022, subject to regulatory approval.
-
Likewize Acquires Speedperform
April 29, 2025
IT Services
Likewize has acquired Speedperform, an AI-driven customer support specialist, to enhance its self-service and AI-assisted support capabilities. The acquisition integrates Speedperform's Microsoft GenAI-enabled CX technology into Likewize's global device protection and technical support offerings; financial terms were not disclosed.
-
Genstar Capital Acquires Numerix
August 30, 2022
Software
Genstar Capital, a private equity firm, has acquired Numerix, a provider of capital markets pricing and risk management software. Genstar said it will partner with Numerix's management to accelerate growth, pursue strategic acquisitions, and expand the company's front-to-risk product offerings for banks, buy-side firms and insurers.
-
Genstar Capital Acquires Majority Stake in Vector Solutions
July 1, 2021
Cloud & SaaS
Genstar Capital acquired a majority ownership stake in Vector Solutions from Golden Gate Capital, with a strategic investment from Insight Partners. Vector Solutions will remain headquartered in Tampa, Florida and led by CEO Marc Scheipe; Genstar plans to support product development and market expansion, including growth via M&A.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.