Simpson Thacher is representing New Mountain Capital in its announced acquisition of NSM Insurance Group’s U.S. commercial insurance division.
The acquisition encompasses NSM's diverse portfolio of 15 market-leading niche insurance programs across Property & Casualty, Accident & Health and Reinsurance — as well as its retail agency, NSM Insurance Brokers. These programs will form a new independent business entity, which will continue to be marketed as NSM until a new brand is established.
The Simpson Thacher Team includes Elizabeth Cooper, Matt Rogers, Jack Larkin and Xavier Grivel (M&A); Ben Persina, Janhvi Barthwal and Emily Linares (Banking and Credit); Greg Grogan and Linda Barrett (Executive Compensation and Employee Benefits); Jamie Talbot, Christian Bond and Chandler Gerard-Reimer (Intellectual Property); Andrew Purcell, Adam Hersch and Roberto Arza (Tax); Steven DeLott (Insurance); Peter Guryan, Kelly Karapetyan and Jamie Logie (Antitrust); Krista McManus and Helene Snyder (Real Estate); and Toby Chun and Deepa Sarkar (Environmental).