Announced
Completed
Permira completed the acquisition of Partnership Assurance Group from Cinven £668m.
Financials
Transaction Value£668m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
long-term care annuities
retirement annuities
Insurance Brokers
life insurance
retirement and long-term care annuities
Insurance
United Kingdom
Public
Scheme
Merger
Acquisition
Completed
Friendly
Single Bidder
Private Equity
Synopsis
Permira Advisers completed the acquisition of Partnership Assurance Group, a provider of non-standard annuities for individuals with medical or lifestyle conditions, from Cinven £668m.
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