BroadStreet exploring minority stake sale
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

BroadStreet exploring minority stake sale

The broker could bring in a new backer to take out as little as ~10% of shares in a tidying-up exercise.

By Adam McNestrie Jairo Ibarra
June 12, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Abstract blurred inside interior of hospital building background with shine light for advertisement design and show content concept

Private broker BroadStreet Partners is quietly exploring adding a new institutional investor as the ~$600mn Ebitda firm looks to tidy up its shareholder register, Insurance Insider US can reveal.

Sources

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A Brokers
Gift this article