New Mountain Capital Agrees to Sell its Stake in AmWINS
10.13.16
This is only gets display when printing
The Firm represented New Mountain Capital in connection with the sale by a New Mountain Capital affiliate of its equity interests in AmWINS Group, Inc. (“AmWINS”) to affiliates of Dragoneer Investment Group, a growth-oriented investor in both public and private companies (“Dragoneer”). The investment by Dragoneer values AmWINS at approximately $2.6 billion.
Headquartered in Charlotte, N.C., AmWINS is a leading specialty insurance broker placing in excess of $13 billion in premiums through its relationships with more than 20,000 retail brokerage firms and over 1,000 insurance markets. AmWINS’ expertise covers a wide range of specialty insurance products and services in the property/casualty and group benefits insurance marketplace.
The Simpson Thacher team working on this deal included Patrick Naughton and Meredith Hunt (M&A); John Creed (Tax); and Tom Bell and Catherine Kidd (Funds).