Announced
Completed
Financials
Sources
Tags
Private Equity
Single Bidder
Mbo
Friendly
United Kingdom
insurance
Minority
Cross Border
Insurance Brokers
Completed
Private
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.