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Announced

Completed

Northlight Group completed the acquisition of Carrick from Zimmer Financial Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Domestic

Acquisition

United Kingdom

Completed

insurance

Friendly

Insurance Brokers

Majority

Private

Synopsis

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Northlight Group, an investment manager, completed the acquisition of Carrick, an insurance and re-insurance services provider, from Zimmer Financial Services, an investment firm. Financial terms were not disclosed. “The sale of Carrick represents another successful Zimmer investment in the insurance industry. We’re excited to continue deploying capital to Ategrity, our booming specialty insurance company," Stuart J. Zimmer, Zimmer Financial Services Chairman and CEO.

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