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Announced

Hg to acquire a minority stake in Hyperion Insurance Group for $1.5bn.

Financials

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Transaction Value£1,167m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private Equity

Acquisition

Pending

Single Bidder

Minority

Private

Insurance Brokers

specialty insurance

insurance brokerage services

United Kingdom

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Synopsis

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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.

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