--- title: "Ontellus Announces Investment by Aquiline Capital Partners and The Capstreet Group" description: "HOUSTON, TEXAS (January 6, 2020), Ontellus™, a leader in outsourced records retrieval, announced today the completion of an investment in the company by..." url: https://capstreet.multisites.ai/news/ontellus-announces-investment-by-aquiline-capital-partners-and-the-capstreet-group publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # Ontellus Announces Investment by Aquiline Capital Partners and The Capstreet Group InsurancePublished January 6, 20203 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) **HOUSTON, TEXAS (January 6, 2020) –** Ontellus™, a leader in outsourced records retrieval, announced today the completion of an investment in the company by Aquiline Capital Partners, a private equity firm based in New York and London who invests in businesses globally, across financial services and technology. Aquiline invested alongside The Capstreet Group, LLC, a current investor in the business and management. As part of the transaction, Aquiline provided capital for growth purposes and acquired a majority ownership stake in the company. The financial terms of the transaction were not disclosed. Ontellus is one of the largest national providers of tech-enabled medical, billing, and other claims related records procurement for insurance companies and law firms. Ontellus is recognized for its overall performance, high-quality service, fast turnaround times, and proven scalability. Aquiline’s investment in the company provides resources and capital to support the continued expansion of the company’s records retrieval capabilities. “We’re thrilled to join forces with Aquiline and see the many ways that Aquiline’s investment and insurance experience will help us grow our company and bring additional services and capabilities to our clients,” said Darren Klauser, CEO of Ontellus, “We look forward to working with them as we enter this next chapter.” Jeff Greenberg, Chairman and Chief Executive Officer of Aquiline said, “We are excited to partner with Darren and the Ontellus management team to help them build on Ontellus’ leading industry position.” Greenberg continued, “We believe the company is well-positioned to meet growing demand from record requesters and providers for solutions that address numerous challenges related to exchanging records and utilizing claims information in a secure and compliant manner.” Harris Williams served as the exclusive financial advisor and Wilkie Farr served as the legal advisor to Ontellus. Weil, Gotshal & Manges served as the legal advisor to Aquiline. ## About Ontellus Ontellus empowers insurance carriers, self-insured corporations and law firms to reduce costs, make informed decisions and accelerate claims resolution. As one of the nation’s largest, privately-held data retrieval and claims intelligence provider, Ontellus leverages decades of experience and cutting-edge technology to deliver impactful products and client-centric services within industry-leading turnaround times. For more information, please visit [www.ontellus.com](http://www.ontellus.com/). ## About Aquiline Capital Partners Aquiline Capital Partners, founded in 2005 and based in New York and London, is a private equity firm investing in businesses across the financial services sector in banking and credit, insurance, investment management, and financial technology and services. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit [www.aquiline.com](http://www.aquiline.com/). ## About The Capstreet Group The Capstreet Group is a Houston, Texas based private equity firm that invests in owner-managed, lower middle market companies. Capstreet targets companies operating in the industrial and outsourced business service sectors, including tech enabled services and software businesses. Capstreet’s approach is to partner with strong management teams with the goal of building out corporate infrastructure, accelerating growth and profitability, and creating long term sustainable businesses. 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It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. 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We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)