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New Deal


Announced

Completed

SkyKnight Capital, Dragoneer Investment Group and Aquiline Capital Partners completed the $610m investment in StarStone US Holdings.

Financials

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Transaction Value£480m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Majority

Private Equity

Property and Casualty Insurance

Single Bidder

property & casualty insurance

Friendly

Acquisition

Completed

Cross Border

Mbo

Synopsis

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Investment companies SkyKnight Capital, Dragoneer Investment Group and Aquiline Capital Partners completed the $610m investment in StarStone US Holdings, which offers a diversified range of property and casualty insurance products for small to mid-sized businesses, through newly formed Core Specialty Insurance. "Today’s dynamic market conditions have created a need for dedicated underwriting capacity across multiple E&S and admitted lines of business. We witnessed the strength of the Validus management team first-hand and believe Jeff and Ed will build a market leader at StarStone," Jeff Greenberg, Aquiline Chairman and CEO.

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