Barbon in private equity deal
Deal expected to close before the end of June.
The Carlyle Group has agreed to acquire a majority stake in Barbon Insurance Group, for an undisclosed amount.
Barbon is a provider of tenant referencing and insurance products to the UK private rental sector and trades under three brands, HomeLet, Letsure and Rentshield.
In May 2013 it sold its property and commercial businesses - including broking brands Deacon, Farr, Cadogan Keelan Westall and Keelan Westall - to Arthur J Gallagher.
Carlyle, a global alternative asset manager, will place the
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