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Swiss Re to acquire 30% stake in Tempo Assist from The Carlyle Group

Synopsis

Tempo Assist, one of the leading service companies in Brazil and the only independent company in the segment, announced that Swiss Re acquired a 30% stake in the Tempo Assist. The Carlyle Group remains the majority shareholder with 62% of Tempo Assist. The company's founders and executives hold the remaining 8%. Daniel Sterenberg, Managing Director of Carlyle and Chairman of the Board of Directors of Tempo Assist, said: "It is a source of pride that a partner with the quality of Swiss Re shares our vision for the future of Tempo Assist and has decided to support us in execution of the business plan for the coming years."

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