-
The buy-side mandate has been awarded to Morgan Stanley and Bank of America. -
The start-up's founder set out the new broker’s strategy, M&A goals and structure.
-
PE house Vistria will back the buy-and-build strategy in the independent agency space.
-
-
Sources said Piper Sandler will run the auction for the CIVC-backed firm.
-
Regular adjusters multiples are in the high-single to low teens.
-
Earlier this month this publication revealed that Aquiline was seeking a buyer for Accuserve.
-
Sources said the process will target buyout firms and will not be open to trade bidders.
-
The deal comes after Insurvia was seeking a new sponsor.
-
The PE firm put SCM up for sale last year.
-
Sources said that Jefferies and Waller Helms have the mandate.
-
Last year, this publication revealed Rimkus had retained JPMorgan to run a strategic process.
