Brookfield’s $200 Billion Credit Group Seeks to Lure Insurers April 1, 2024 Brookfield Asset Management’s newly formed credit arm will cater to its parent’s insurance business and will also pitch other insurers...
PE Firm Nordic Capital Weighs Sale of Regulatory Tech Firm Regnology: Sources March 13, 2024 By Amy-Jo Crowley Nordic Capital is weighing a sale of German regulatory software firm Regnology, in a deal which could value the business...
PE Firm Cinven Eyes Sale of German Life Insurer Viridium: Sources October 3, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Alexander Hübner Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was...
PE Companies Bain Capital and TPG Weigh Deal for Advent’s CCC Insurance Software September 29, 2023 By Crystal Tse, Ryan Gould and Liana Baker Bain Capital and TPG Inc. are weighing a deal for CCC Intelligent Solutions Holdings Inc., the car-insurance software provider controlled...
PE Firms Weigh Options for $16 Billion AssuredPartners September 28, 2023 By Gillian Tan GTCR and Apax Partners are exploring options including a full or partial sale of insurance broker AssuredPartners, which could be...
Cinven Buys Back Eurovita Bonds to Help Avoid Messy Liquidation of Its Insurer: Source September 27, 2023 By Valentina Za and Emilio Parodi Private equity firm Cinven has agreed to buy back 160 million euros ($170 million) of debt sold by its insurer...
Insurance Software on the Block as Private Equity Looks to Cash In March 3, 2023 By Pablo Mayo Cerqueiro European buyout houses Montagu Private Equity and Astorg Partners are preparing to hang the “for sale” sign on their UK...
Cinven Raises $1.5 Billion for Dedicated Insurance, Financial Services Fund July 12, 2022 By Jan-Henrik Förster Cinven has completed fundraising for its first dedicated financial-services fund, collecting 1.5 billion euros ($1.5 billion) in a rare move...
Thomas H. Lee Partners to Become Majority Shareholder of Carpe Data April 11, 2022 Private equity firm Thomas H. Lee Partners (THL) today said it made a strategic growth investment in Carpe Data, a...
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...