Announced
Completed
Financials
Tags
Acquisition
reinsurance business
Private
Reinsurance
Bermuda
Completed
Majority
Friendly
Single Bidder
Synopsis
Randall & Quilter Investment Holdings, which owns and manages insurance companies worldwide, completed the acquisition of Sandell Re, a insurance and reinsurance company, for $25m. “We are delighted to have completed the acquisition of SHL and its subsidiary, Sandell Re. This is the second significant legacy acquisition we have completed this year, following the May acquisition of Global, and demonstrates our ability to provide exit solutions and our continuing penetration into larger deal activity," Ken Randall, R&Q Executive Chairman.
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