Deal Type: Acquisition Financing
Exit: Sale to strategic buyer
In 2003, we were asked to participate in a buyout of a small mono-line P&C insurer from ING Barings. The buyer group insisted that this be done outside our Private Equity fund structure due to uncertainty in the holding period. We accepted a board position as part of our investment. Through a process of tightening and automating the business processes, we were able to let the business scale revenue without scaling overhead.
