GTCR LLC

Congratulations to Susan Cosgrove on being named CEO of GTCR portfolio company R&T Deposit Solutions. Susan is an experienced leader who has already had a tremendous impact in her role as Executive Chairperson of R&T. We look forward to continuing to work with her going forward! 

GTCR is pleased to announce the acquisition of Concord Servicing, a leading provider of software and administration services for specialized loan servicing. The firm is partnering in this Leaders Strategy™ investment with experienced lender and credit services executive Dhruv Vakharia, who has joined the Company as CEO. Read more about the transaction here: https://lnkd.in/e7n8qxsk

This week, GTCR published our annual Healthcare newsletter, summarizing the team's investment and portfolio activity over the last 12 months. Highlights include: - Platform acquisition of Caravel Autism Health - Announced acquisitions of TRANZACT and Surmodics, Inc. - Management startup Avryo Healthcare’s platform acquisition of 7 to 7 Dental & Orthodontics - Sale of a minority stake in Equiti to Heritage Group To learn more about these investments and management teams, read the full newsletter here: https://lnkd.in/eeD6qrWU

GTCR is pleased to announce the sale of AssuredPartners, a leading independent insurance broker, to Gallagher, a global insurance brokerage, risk management and consulting services firm, for $13.45 billion. The all-cash transaction culminates a successful 13-year Leaders Strategy™ partnership with industry veteran Jim Henderson, over which time he and the AssuredPartners team built and grew the company into the 11th largest insurance broker in the U.S. Read more here: https://lnkd.in/eYgYG4XB

GTCR’s Stephen Master recently joined the Madhive “Beyond the Numbers” podcast with CEO R. Spencer Potts to discuss the evolving landscape of the adtech industry and the firm’s approach to investing in the sector. Watch & listen at the link below!

Congratulations to GTCR’s Anna May Trala for being named to the Crain's Chicago Business list of Notable Nonprofit Board Leaders for 2024! Anna May serves as the President of the Board of Directors for YWCA Metropolitan Chicago, a social enterprise committed to eliminating racism, empowering women, and promoting peace, justice, freedom and dignity for all. We’re proud of our GTCR team members for continuing to give back to the communities in which we live and work.

GTCR is pleased to announce that the firm has signed a definitive agreement to make a strategic investment in Tricentis, a global leader in continuous testing and quality engineering. GTCR and current investor Insight Partners will have co-control and work together to support CEO Kevin Thompson, a leader in infrastructure software with whom GTCR has developed a decade-long relationship, and the Tricentis management team, as they continue the Company’s positive momentum and drive further growth. Read more here: https://lnkd.in/gbwCyeuQ

GTCR is proud to share that our Head of Investor Relations Jodi (Hochberger) Rubenstein has been named one of The Wall Street Journal’s Women to Watch in Private Equity for 2024. The annual list recognizes the growing pool of exceptionally talented women in our industry and Jodi was among the 10 women highlighted for excellence in the fundraising and limited partner worlds.   From the article: “…Despite landing at GTCR during a historically difficult time for private-equity fundraising, Rubenstein led the efforts to build the buyout shop’s largest fund to date, GTCR XIV. The fund closed above target at $11.5 billion, bringing in new investors from Europe, the Middle East and Asia in the process. Rubenstein also coordinates GTCR’s relations with its co-investors, from which the firm has raised $5 billion of capital over the past two years.”   Please join us in congratulating Jodi and all of the recipients of this recognition!   Read more here: https://lnkd.in/eKWDtwqc

This week, GTCR published our annual Business & Consumer Services newsletter, summarizing the team's investment and portfolio activity over the last 12 months. Highlights include:   - Announced acquisition of TRANZACT - Closing of several add-on acquisitions by Senske Services - Dividend recapitalization executed by Consumer Cellular, Inc. - Substantial completion of the Everon carve-out   To learn more about these investments and management teams, read the full newsletter here: https://lnkd.in/gjKbkfVg

In honor and recognition of Veterans Day, we would like to thank all active and former members of the Armed Services. Our country is forever grateful for your courage and sacrifice.