Deal Snapshot
ARCH CAPITAL CLOSES ACQUISITION OF UK-BASED BARBICAN GROUP
Monday 02 December 2019

Bermuda-based insurance provider Arch Capital Group Ltd. (NASDAQ: ACGL) has closed the acquisition of UK-based underwriting insurance provider Barbican Group Holdings Ltd. from funds managed by alternative asset management firm Carlson Capital, the company said.
The acquisition includes Barbican Managing Agency Ltd., Lloyd's Syndicate 1955, Lloyd's Syndicate 1856 (Arcus), Lloyd's Special Purpose Arrangement (SPA) 6132, Castel Underwriting Agencies Ltd. and other associated entities.


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Details
Date Published: 02/12/2019
Target: Barbican Group Holdings Ltd
Country: USA
Sector: Insurance
Type: Corporate acquisition
Financing:
Status: Closed
Vendor: Funds managed by alternative asset management firm Carlson Capital
Buyer: Arch Capital Group Ltd
Buyer Advisor: RBC Capital Markets , Womble Bond Dickinson LLP
Comment:
Terms of the deal were not disclosed

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