Apax Partners And Co-investor GTCR-led Investor Group’s Acquisition Of AssuredPartners


Simpson Thacher is representing Apax IX, a fund advised by Apax Partners, in its pending significant minority co-investment with a GTCR-led investor group in connection with the investor group’s acquisition of AssuredPartners, Inc. from Apax VIII, a separate fund advised by Apax Partners.

AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to over $1.1 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States. Headquartered in Lake Mary, Florida, the company operates from 200 offices across 30 states and London, England.

The Simpson Thacher team includes Ryerson Symons, Zachary Gennett (Picture) and Nina Bakhtina (M&A); Gary Mandel and Sophie Staples (Tax); Andrew Blau and Jason Fixelle (ECEB); Sara Razi, Ellen Frye and Kelly Karapetyan (Regulatory).

Involved fees earner: Nina Bakhtina – Simpson Thacher & Bartlett; Andrew Blau – Simpson Thacher & Bartlett; Jason Fixelle – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Zachary Gennett – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Gary Mandel – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Ryerson Symons – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Apax Partners;

Author: Ambrogio Visconti