Specialist Risk Group bought by private equity
Miles Smith-owner has been purchased subject to regulatory approval.
Specialist Risk Group (SRG) has been acquired by private equity group HGGC, for an undisclosed sum.
According to a statement, SRG’s management team will invest alongside HGGC and continue to hold a significant stake in the business. The private transaction is expected to close in Q1 2021, subject to regulatory approval.
As part of the transaction, existing investor Pollen Street Capital will exit the business.
Backers
SRG was formed by Pollen Street Capital through the acquisition of Miles
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