Announced

777 Partners and Brickell PC Insurance Holdings to acquire Randall & Quilter Investment for £482m.

Synopsis

777 Partners and Brickell PC Insurance Holdings, an insurance holding firm, agreed to acquire Randall & Quilter Investment, an insurance services provider, for £482m ($632m). “We have enjoyed a strong relationship with R&Q as a shareholder since 2019 and further supported the business with an infusion of capital in 2020. We are excited about the prospect of integrating R&Q into our robust insurance ecosystem and expanding our business into the legacy space, by combining R&Q’s deep experience in managing complex run-off claims with 777’s unique asset management capabilities," Steven Pasko, Brickell Chairman.

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