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Announced

Completed

Genstar Capital completed the acquisition of Worldwide Facilities from Lovell Minnick.

Synopsis

Genstar Capital completed the acquisition of Worldwide Facilities, a national wholesale insurance brokerage, managing general agency and program manager from private equity firm Lovell Minnick. Financial terms were not disclosed. "It has been a privilege to partner with the Worldwide management team over the past four years. We're proud to have supported the Company in executing its strategic goal of becoming a larger, more diversified, top-five insurance wholesaler in the US market," Spencer Hoffman, Lovell Minnick Partners Partner.

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