Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies in the sector, a senior executive told Reuters.
Tag: private equity firm
CD&R Hires Former Marsh & McLennan CEO Dan Glaser as Operating Partner
Former chief executive Dan Glaser of Marsh & McLennan Cos. is joining private-equity firm Clayton, Dubilier & Rice LLC as an operating partner.
Thoma Bravo to Acquire Majesco
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has signed a definitive agreement to be acquired by Thoma Bravo, L.P., a leading private equity firm focused on the software and technology-enabled services sectors, in a transaction valuing the company at $594 million. Following the closing of… Continue reading Thoma Bravo to Acquire Majesco