Hyperion plans to go public as equity firm buys 30% stake
The transaction places the equity value of Hyperion at £250m, and will involve General Atlantic acquiring 100% of 3i’s holding and 80% of BP Marsh’s holding.
No shares will be sold by Hyperion’s management or employees as part of the deal.
John Bernstein, managing director of General Atlantic in Europe, will join the board of Hyperion, subject to regulatory approval, following completion of the acquisition.
Mr Bernstein commented: “Hyperion has an exceptional track record of growth with an
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Most read
- Insurers face another Covid-19 business interruption action group
- Brokers face staff shortfall amid Great Resignation
- Blanc exits Hastings board as Mark Cliff steps in
- Allianz appoints regional branch manager
- Broker turned Tory MP Christian Wakeford defects to Labour
- Acrisure highlights £1bn GWP aim as it moves to "disrupt" UK broking
- Howden reports 48% revenue rise for 2021