Searchlight Capital Partners completed the acquisition of a majority stake in Global Risk Partners from Penta Capital.

Searchlight Capital Partners, a private investment firm, completed the acquisition of a majority stake in Global Risk Partners, an independent insurance intermediary, from Penta Capital, a private equity firm. Financial terms were not disclosed. “By combining local presence with deep data-driven expertise, GRP offers a better product set and a superior service to its clients. We are confident that with our deep investment, industry and operational expertise, we can accelerate the growth of the business and reinforce its position as a leading player in a highly fragmented industry,” Andrew Frey, Searchlight Partner.