Announced
Financials
Tags
Domestic
Private Equity
Acquisition
Pending
Single Bidder
Minority
Private
Insurance Brokers
specialty insurance
insurance brokerage services
United Kingdom
Friendly
Synopsis
Hg Capital agreed to acquire a minority stake in Hyperion Insurance Group, the international insurance intermediary, for $1.5bn. “I am thrilled to welcome Hg as a long-term partner. During our conversations on A-Plan Group it was clear that Hg and Hyperion share an understanding of what building a business to last means for employees and clients. This, the quality of the Hg team, their support for our core employee ownership and our culture of empowerment, and the desire of the Hg partners to contribute to our digital and data strategy, makes them an excellent partner to join General Atlantic and CDPQ as we continue our journey,” David Howden, Hyperion Chief Executive Officer.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.