CFC brings in Evercore for potential refinancing
The MGA has appointed bankers to look at fresh investment but insisted it is not seeking a sale.
CFC Underwriting has appointed Evercore to explore refinancing options and potentially lead to a change in ownership.
A spokesperson for CFC confirmed after the news was revealed by Insurance Insider that the MGA had appointed the bankers "to explore options" as they felt it was the "right time" to make changes.
It has been five years since the management team completed an MBO from Hyperion.
Investors
The MBO was led by founder and current CEO David Walsh.
The buyout was backed by a consortium of
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