Bain Capital News

Private Equity Firm Apollo to Buy Aspen Insurance for $2.6 Billion

Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6 billion, in the latest example of private equity investors expanding their insurance assets. Apollo will pay $42.75 a share in …

UK Insurer ESure Receives $1.5 Billion Offer from Bain Capital

ESure Group Plc has received an unsolicited offer of about 1.17 billion pounds ($1.5 billion) from Bain Capital Private Equity LP as private equity firms seek to consolidate the insurance industry. The offer of about 280 pence a share in …

Insurers Overemphasizing Digital Service Risk Alienating Customers: Bain

Global top performers in the high-churn personal insurance industry win over customers with consistent outreach that relies on multiple channels for customers to connect including phone, internet or face-to-face. However, insurers that overemphasize digital channels at the expense of traditional …

Applied Systems Acquired by Hellman & Friedman from Bain Capital for $1.8B

Applied Systems Inc., a leading insurance software provider, said it has agreed to be acquired by investment funds advised by private equity firm Hellman & Friedman LLC. The company is being acquired from the global private investment firm Bain Capital …