.
MergerLinks Header Logo

New Deal


Announced

Completed

Monument Re completed the acquistion of GreyCastle.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Domestic

life risks

Private

Single Bidder

Bermuda

Acquisition

Friendly

Reinsurance

Majority

Completed

Synopsis

Edit

Monument Re, a life reinsurance and insurance holding company, completed the acquisition of GreyCastle, a reinsurance business capitalized to an S&P AA level. Financial terms were not disclosed. “This transaction represents a significant strategic milestone for Monument Re and is especially pleasing given the challenge of current conditions arising from the Coronavirus. We look forward to welcoming the GreyCastle team to the Monument Group as we continue growing our business internationally,” Manfred Maske, Monument Re Group CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US