Capital Z Acquires Portfolio Group from Frontenac

Abry Partners Acquires Portfolio Holding from Capital Z Partners

August 19, 2019

Insurance

Boston-based private equity firm Abry Partners has agreed to acquire Portfolio Holding, Inc., a Lake Forest, California provider of reinsurance management and F&I products, from Capital Z Partners. Portfolio's management will remain in place and retain significant equity; Abry plans to support the company's national expansion in the automotive dealer market and other warranty/reinsurance markets.

Capital Z Partners Makes Initial Investment in Partners&; Partners& Completes Series of Insurance Advisory Acquisitions

April 17, 2020

Financial Services

U.K. insurance advisory group Partners& received an initial investment from U.S. private equity firm Capital Z Partners, enabling Partners& to complete the acquisition of four insurance advisory businesses. The deal supports Partners&'s ambition to build a unified group of specialist advisory partners and expand its capabilities across private medical insurance and other specialist broking services.

Frontenac Recapitalizes Zipline Logistics

October 3, 2022

Logistics & Distribution

Chicago-based private equity firm Frontenac has completed a recapitalization of Zipline Logistics to accelerate organic growth initiatives and pursue strategic acquisitions. Zipline's management team will remain in place and retain a significant ownership stake; industry veteran Don Maltby is joining the board to support growth in the consumer-packaged goods logistics market.

Frontenac Acquires Prime Technology Group from Renovus Capital Partners

January 7, 2020

IT Services

Frontenac, a Chicago-based private equity firm, has acquired Prime Technology Group, a Wayne, Pennsylvania-headquartered provider of outsourced application development and managed software solutions, from Renovus Capital Partners. Balance Point Capital provided a bespoke debt and equity financing package to support Frontenac's acquisition; financial terms were not disclosed. Frontenac said it will invest in strategic growth initiatives, talent and complementary software development capabilities to accelerate Prime's platform maturation and market penetration in healthcare, insurance and financial services.

CI Financial Acquires Portola Partners

September 14, 2021

Wealth Management

CI Financial Corp. has acquired Portola Partners Group LLC, a Menlo Park-based wealth management firm managing US$5.2 billion focused on ultra-high-net-worth families, founders and executives. The deal expands CI's presence in the San Francisco Bay Area and strengthens its ultra-high-net-worth capabilities within CI Private Wealth; financial terms were not disclosed.

Protective Life Corporation Acquires Portfolio Holding, Inc.

January 5, 2026

Insurance

Protective Life Corporation (a U.S. subsidiary of Dai-ichi Life Holdings) completed the acquisition of Portfolio Holding, Inc. and its subsidiaries from Abry Partners. The deal expands Protective Asset Protection’s finance & insurance (F&I) and dealer wealth solutions across automotive, RV, powersports and marine sectors, and adds Portfolio’s national distribution network and approximately 450 employees.