Carlyle funds buy NSM in £1.44bn deal

sold-on-seo

The transaction values NSM at $1.77bn (£1.44bn). NSM’s portfolio of UK brokers includes the likes of Kingfisher and Kingsbridge.

White Mountains is a Bermuda-domiciled financial services holding company traded on the New York Stock Exchange and the Bermuda Stock Exchange.

Manning Rountree, chief executive officer of White Mountains, commented: “The NSM team has done a tremendous job building a market-leading specialty insurance distribution platform. It has been our pleasure to partner with

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