GRP silent as potential buyers named
Searchlight and Apax Partners are believed to be in talks with the consolidator over taking a stake in the business.
Global Risk Partners (GRP) has discussed a possible majority stake deal with three private equity providers according to reports.
Sister title Post revealed that GRP was in talks with Searchlight and Apax Partners with Evercore leading the process. Cinven is believed to have withdrawn from talks.
Insurance Age reported earlier this year that the consolidator was exploring sale and reinvestment options. It is believed current investors may be seeking to dilute their stake but not exit
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