Aquiline Capital Partners LLC’s Acquisition of Relation Insurance Services


Sandler O’Neill + Partners and Waller Helms Advisors served as financial advisors to Relation in this transaction, and Kirkland & Ellis LLP served as legal counsel. Willkie Farr & Gallagher LLP served as legal counsel to Aquiline.

Aquiline Capital Partners LLC, a New York and London-based private equity firm investing in financial services and technology, has entered into a definitive agreement to acquire Relation Insurance Services, one of the largest independent insurance brokers in the United States, from private equity firms Parthenon Capital and Century Equity Partners.

Since its founding in 2007, Relation has built its strengths in specialized industries including agribusiness, education, employee benefits, public entity, transportation and non-profit. The Company is committed to helping mid-market businesses navigate their insurance needs by building relationships and leveraging the right mix of people, partnerships, processes and technologies.

The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to be completed in the first half of 2019. No financial terms were disclosed.

The Willkie deal team was led by partners Rajab Abbassi (Picture) and Jeffrey Poss, counsel Daniel Mun and associate Neesha Mallavarapu.

Involved fees earner: Rajab Abbassi – Willkie Farr & Gallagher; Neesha Mallavarapu – Willkie Farr & Gallagher; Daniel Mun – Willkie Farr & Gallagher; Jeffrey Poss – Willkie Farr & Gallagher;

Law Firms: Willkie Farr & Gallagher;

Clients: Aquiline Capital Partners;

Author: Ambrogio Visconti