.
MergerLinks Header Logo

New Deal


Announced

Completed

Massachusetts Mutual Life Insurance completed the acquisition of a minority stake in Kudu Investment Management.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Friendly

Private Equity

Domestic

Minority

Private Equity

United States

asset management

Completed

Acquisition

Single Bidder

Synopsis

Edit

Massachusetts Mutual Life Insurance, a life insurance company, completed the acquisition of a minority stake in Kudu Investment Management, a private equity investment firm. White Mountains Insurance Group co-invested in this deal. Financial terms were not disclosed. “We’re delighted to enhance our relationship with Kudu and to support its continued growth with this new equity investment. The Kudu management team has assembled a broad range of world-class asset and wealth managers, and we look forward to working with Kudu’s portfolio companies,” Phillip Titolo, MassMutual Head of Direct Private Investments.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US