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New Deal


Announced

Completed

CDPQ, QIA, Enstar, JC Flowers, Oak Hill and Stone Point completed the $800m investment in Inigo.

Financials

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Transaction Value£602m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Single Bidder

Mbo

Friendly

United Kingdom

insurance

Minority

Cross Border

Insurance Brokers

Completed

Private

Synopsis

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Investors CDPQ, QIA, Enstar, JC Flowers, Oak Hill and Stone Point completed the $800m investment in Inigo, a new insurance company. Inigo's management also participated in the funding round. “This significant capital raising, together with our acquisition, gives us the platform we need to turn Inigo from a concept into reality. We believe that 2021 will mark the beginning of an exciting growth phase for Lloyd’s and the London Insurance Market and Inigo will contribute to growing the specialty and reinsurance marketplace, as it returns to profitability," Richard Watson, Inigo Founder.

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