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Announced

Silver Lake to acquire a minority stake in Harvest Partners and HGGC-backed Integrity Marketing Group for $1.2bn.

Financials

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Transaction Value£906m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private

Single Bidder

Private Equity

Life Insurance

health insurance products

life insurance products

United States

Minority

Acquisition

Domestic

Friendly

Synopsis

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Silver Lake Partners, a private equity firm, agreed to acquire a minority stake in Harvest Partners and HGGC-backed Integrity Marketing Group, an insurtech company, for $1.2bn. "Integrity has experienced significant growth by expanding the ways we help Americans access life, health and wealth solutions. We've invested heavily in technology and are constantly working to develop transformative solutions that improve the insurance and wealth management experience for Americans. We are thrilled that Silver Lake has chosen to join us on our journey to innovate insurance and leverage our unique omnichannel distribution network," Bryan W. Adams, Integrity Marketing Co-Founder and CEO.

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