Bain Capital Raises $1.15B for Its First Fund Dedicated to Insurance Investments July 19, 2023 By David French Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private...
Private Equity Firm TA Associates Weighs Sale of Australian Insurance Broker Honan June 14, 2023 By Manuel Baigorri Private equity firm TA Associates is exploring a sale of its stake in Australian insurance broker Honan Insurance Group Pty...
Hub International Garners Investment From PE Firm Leonard Green April 28, 2023 Hub International Limited (HUB) said it has entered into an agreement with private equity firm Leonard Green & Partners (LGP)...
Private Equity Investor AnaCap Sells Minority Stake in German Broker MRH Trowe March 28, 2023 AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe,...
KKR Used Equity Rather Than Debt to Fund Acquisition of Broker April Group December 2, 2022 By Claire Ruckin and Silas Brown KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s...
Private Equity Firm KKR Nears €2.3 Billion Deal for French Insurance Broker April Group November 28, 2022 By Jan-Henrik Förster and Ruth David French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to...
Private Equity Firm Kelso Invests in ReSource Pro, Takes Majority Interest December 21, 2021 Private equity firm Kelso & Co. has completed an investment in property/casualty insurance processing and services firm ReSource Pro, taking...
Pandemic Uncertainty Hasn’t Slowed Private Equity Investments in Insurance: S&P Global August 31, 2021 Private equity and venture capital firms have been pouring capital into insurance companies despite the uncertainties about claims and losses...
Canadian MGA GroupAssur Merges with Evolution Insurance April 21, 2021 GroupAssur, a Canadian managing general agent (MGA), specializing in property/casualty insurance lines, announced it has merged with Evolution Insurance, an...
Update: Private Equity Firm BC Partners Agrees to Buy Insurance Service Company Davies March 16, 2021 By Jan-Henrik Förster BC Partners agreed to take over insurance service company Davies, as it bets on fast-growing demand for outsourcing in the...