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New Deal


Announced

Blackstone to invest $500m in Resolution Life.

Financials

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Transaction Value£452m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private Equity

Private

Minority

Pending

Life Insurance

life insurance

United States

Acquisition

Friendly

Single Bidder

Synopsis

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Blackstone agreed to invest $500m in Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies. “This partnership accelerates Resolution Life’s growth through access to Blackstone’s capital and investment capabilities. It is a continuation of Resolution’s 20-year mission to be the partner of choice for the life insurance industry and a custodian for its in-force policyholders globally," Clive Cowdery, Resolution Life Founder and Executive Chairman.

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