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The private equity firm is targeting $1trn in assets under management for the combined segment.
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With the deal, KKR purchased over half of USI shares held by Canadian investment firm CDPQ in addition to stock from other investors.
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Inside P&C’s news team runs you through the key highlights of the week.
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In a recent report titled “TFC: Primed for activist”, Wells Fargo notes investor discontent and lists pressing issues to be addressed at Truist.
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With the deal, Goldman Sachs will join Charlesbank Capital as co-lead equity investor in the Iselin, New Jersey-based retailer.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The 777 Partners-backed fronting company retained Howden Tiger Capital Markets & Advisory last year as it was brought to market for a potential recap.
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The question of how to finance the private brokers no longer begins and ends with a PE flip.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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In addition, Pelican founder and TigerRisk executive chairman Rod Fox has joined Nsure’s advisory board.
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The vehicle will focus on middle-market transactions in the US and Europe across the insurance value chain.