Conifer sells agency arm in $70mn deal, exits Sycamore interest
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Conifer sells agency arm in $70mn deal, exits Sycamore interest

In connection with the transactions, Conifer CEO Nick Petcoff resigned from the position.

By Jairo Ibarra
September 03, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Business people contract. agreement was signed co-investment business

Embattled carrier Conifer has agreed to sell its insurance agency operations for $45mn and an additional earn-out of up to $25mn.

The

Request a free trial:

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
Request a free trial Already a subscriber? Login now

Topics

NewsM&A
Gift this article