Broker investments: What makes the sector so appealing to private equity?
There have been a string of investments in the insurance broking sector over recent years – from refinancing to MBOs. Just what is it about the market that makes it so attractive to private equity?
On 10 March, global alternative asset manager The Carlyle Group announced it had agreed to acquire a majority stake in US wholesale insurance broker Jen Cap Holdings, with the latter assuming control
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