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Synopsis
Livingbridge, a mid-market private equity firm, completed an investment in Chill Insurance, an insurance and financial services group. Financial terms were not disclosed. “Chill represents a fantastic opportunity to back a multi-product insurance provider which is uniquely positioned to grow in a large and attractive market. Michael and the management team have all the ingredients we look for in an investee company and we look forward to working with them on accelerating the growth of the business through the M&A strategy over the coming years,” Xavier Woodward, Livingbridge Partner.
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