Hyperion partners with private equity firm
Private Equity company, 3i, has entered into a new partnership with Hyperion, the international insurance group, investing for a minority shareholding in the company in a deal valuing the business in excess of £120m.
3i will support Hyperion as it enters its next phase of growth - expanding both the range of products it provides and the territories in which it operates. 3i is seeking to bring value through additional funding, its global contacts and strategic counsel based on experience in the sector.
Founded in 1994 by David Howden, Hyperion focuses on a range of specialist insurances including Professional Indemnity and Directors’ and Officers’ Liability through its subsidiaries: Howden, DUAL and CFC. The
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