RiverStone completed the acquisition of Electric Insurance from General Electric for $333m.

Synopsis

RiverStone, an acquirer and reinsurer of legacy and discontinued insurance business, completed the acquisition of Electric Insurance, an auto insurance, homeowners insurance, renters insurance provider, from General Electric, an American multinational conglomerate, for $333m.

Principals

target

Electric Insurance

bidder

Riverstone International

Show Details & Financials

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Market Context

debevoise & plimpton

HQ - New York

legal advisors

vendor

472

Deals

£ 826.73 B

Total Value