Genstar Capital’s Investment in Worldwide Facilities

Marsh, Berry & Co. acted as financial advisor, and Ropes and Gray LLP as legal counsel to Genstar.

Los Angeles-based Worldwide is one of the nation’s largest wholesale insurance brokerage, managing general agent and program underwriters. Worldwide serves as the managing general agent for several leading insurance carriers and provides a wide range of underwriting, rating, binding and policy issuance services.

Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $17 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrial technology and software industries.

The Ropes & Gray team was led by private equity partner Howard Glazer (Picture) and included tax partner Leo Arnaboldi, benefits partner Jennifer Rikoski, labor & employment partner Megan Bisk, strategic transactions partner Megan Baca, finance partner Michael Lee, and private equity transactions associate Elizabeth Gallucci.

Involved fees earner: Leo Arnaboldi – Ropes & Gray; Megan Baca – Ropes & Gray; Megan Bisk – Ropes & Gray; Elizabeth Gallucci – Ropes & Gray; Howard Glazer – Ropes & Gray; Michael Lee – Ropes & Gray; Jennifer Rikoski – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Genstar Capital;