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New Deal


Announced

Completed

Gallatin Point Capital completed a $100m investment in Insurance Supermarket International.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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life insurance company

Single Bidder

Acquisition

Private Equity

Completed

Private

Canada

Minority

Friendly

Cross Border

Life Insurance

Synopsis

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Gallatin Point Capital, a private investment firm, completed a $100m investment in Insurance Supermarket International, a digital life insurance companies in Canada. "Our main objective when we started this process with RBC was to find the right partner. Gallatin Point's knowledge of the sector and the alignment of our vision for the future of the insurance industry allows us to touch and improve more lives and to help the life insurance industry transition to the digital age. We are working hard to ensure that the number of underinsured families is decreasing and our partnership with Gallatin Point allows us to quickly and seamlessly make a meaningful difference in the industry," Alex Dudarev, ISI Founder and CEO.

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