NEWS
Keep up with what we’re doing and read our latest press releases, insights, and more.
Access Holdings’ Portfolio Investment– Kuvare Asset Management — Sold to Blue Owl Capital for $750 Million
Access Holdings’ insurance and reinsurance portfolio investment, Kuvare Holdings (“Kuvare”), this month closed the sale of its affiliated asset management company, Kuvare Asset Management (“KAM”), to Blue Owl Capital for $750 million. This sale is expected to position Kuvare for continued long-term growth and follows over a decade of collaboration between Access Holdings and Kuvare.
Kuvare Asset Management announces sale to Blue Owl Capital for $750 million
Since partnering with Kuvare as its seed investor in 2014, Access Holdings has worked with Founder and CEO Dhiren Jhaveri and the entire Kuvare team to bring annuities, life insurance, and supplemental products to the middle market.
In our work as a lead investor, Access has helped Kuvare rapidly grow from $500 million in total assets to over $37 billion today.
Congratulations to the team at Kuvare on a high-quality partnership to support further growth.
BluWave Names Access Holdings as its 2024 Top Private Equity Innovator of the Year
BluWave, the Business Builders’ Network that connects the private equity industry with best-in-class talent, industry consultants and service providers, today announced Access Holdings as its 2024 Top Private Equity Innovator of the Year*.
BluWave’s third annual Top Private Equity Innovator Awards recognize the top 2% of private equity firms that differentially embrace modern private equity firm operations, proactive due diligence, transformative value creation and corporate citizenship practices.
Access Holdings’ WagWay Group Partners with PUPS Pet Club
WagWay Group (WagWay), a platform company of Access Holdings (Access), today announced a new partnership with PUPS Pet Club (PUPS), a leading provider of pet boarding, daycare, grooming, and training services.
This partnership will provide PUPS with the resources to accelerate its growth throughout Chicago and New York and invest in capabilities and services that will provide pets and pet parents with quality care and a premium, contemporary experience.
Access Holdings Raises $805 Million for Build and Buy Mid-Market Investments in Essential Service Industries
We are pleased to announce Access Holdings has raised $805 million in new capital — including $525 million for Fund II and approximately $280 million in coinvest — to partner with, scale, and innovate middle market businesses.
Thank you to our returning investors for their continued support and to our new investors. We are humbled by your commitment to our partnership and look forward to continuing to create enduring success across our portfolio.
HOW BUSINESSES ARE PREPARING A NEW GENERATION OF FINANCIAL SERVICES LEADERS
Fortune – At private equity firm Access Holdings, which owns businesses as varied as a pet cremation service to a yellow school bus operator, each company it owns has a podcast studio to ensure all team members internally are aware of what’s going well in the field.
“It’s all about reinforcing mission-vision values,” said Access founder Kevin McAllister.
2022 Inc. Magazine Founder-Friendly Investor Award
Access Holdings is proud to be honored as a 2022 Inc. Magazine Founder-Friendly Investor.
At Access Holdings, our mission is to build enduring businesses. This honor from Inc. recognizes Access as an investment partner that entrepreneurs can trust and collaborate with to scale and innovate their business.
Thank you to our exceptional founder partners and team members for making this possible.
Read more about why Access was chosen to be one of Inc.’s 2022 Founder-Friendly Investors.
Petrol Plaza – Q&A with Josh Finifter
Petrol Plaza: We speak with Josh Finifter, Private Equity Principal at Access Holdings, which owns car wash platform Spotless Brands, about the growing interest of investment companies in the sector and the opportunities that these partnerships can bring to brands and operators.
Access Holdings is quickly becoming an important player in the North American car wash sector through its Spotless Brands platform, unifying operators under a single banner. Established in 2019, the project falls under the recent trend of private equity firms acquiring car wash networks throughout the United States. PetrolPlaza talks to Josh Finifter, Principal on the Investment Team, to know more about the opportunities that Spotless brings to partners, the development of its network and the potential of the car wash market.
Finalists Announced for the 21st Annual M&A Advisor Awards
We’re proud to announce that Access Holdings has been named a finalist for the 21st Annual M&A Advisor Awards in the Private Equity Firm of the Year and Private Equity Deal of the Year categories. The M&A Advisor Awards are the benchmark for dealmaking excellence and recognize leading M&A transactions, restructurings, deal financings, products/services, firms, and professionals.
At Access Holdings, we buy businesses we want to own, not just ones that are for sale. This relationship-focused investment approach demonstrates our dealmaking excellence, and we are honored to be recognized alongside private equity industry leaders for the value we provide to our partner companies.
A new Chester County sports-tech firm channels ads to 83% of U.S. fans
The Philadelphia Inquirer: Former Comcast executive Michael Schreiber has launched a sports-focused advertising firm that pulses out 230 billion advertising impressions a year.
Michael Schreiber calls his start-up firm the biggest sports network that “you’ve never heard of, and that’s OK.”
Almost two years ago, the former Comcast Corp. executive launched the sports-ad firm Playfly Sports LLC in Chester County that now reaches 83% of U.S. sports fans, pulsing 230 billion advertising impressions a year through 8,500 professional and college televised games, streaming platforms, digital banners, radio shows and newsletters.
ACCESS INSIGHTS
Building Modern Businesses
We are partners to our businesses. What drives their growth drives ours.
The six building blocks of the “Access Modern Business Framework” provide our partner companies with the guidance and support needed to thrive in today’s fast-changing business environment.
LOCATION SELECTION: A DATA DRIVEN APPROACH
Informed location decisions are critical for the growth of any business. In our new Access Insight, Managing Director Nik Kapauan and Chief Data Officer Matt Johl explore how a data-driven approach to location selection can lead to greater long-term stability and profitability for our partners.
“Advanced data analytics and machine learning are transforming how private equity firms approach location decision-making. These technologies can process vast amounts of data quickly, providing more accurate and timely insights than traditional methods of research and analysis. This may result in enhanced reliability, efficiency, and scalability, all of which lead to more informed location decisions.”
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