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Synopsis
Abry Partners, a private equity investment firm, and Aquiline, a provider of private capital to innovative leaders in financial services and technology, completed a $350m investment in Lloyd’s-backed ERS, a motor insurer. “We have been very impressed with the ERS team and believe it is set to take advantage of the highly attractive market outlook. This is a unique opportunity to support a great company in its next chapter of growth and development and we are excited to make ERS our first investment at the world’s leading insurance market, Lloyd’s. We are equally as excited to be partnering with Aquiline, one of the pre-eminent investors in the insurance sector," Brent Stone, Abry Partner.
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