February 25, 2019
Willkie represented Aquiline Capital Partners LLC in its 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.
On February 21, Willkie client Aquiline Capital Partners LLC announced that it 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.
Relation Insurance Services is an insurance broker that offers risk-management and benefits-consulting services through its family of brands across the United States. 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.
Longtime client Aquiline Capital Partners is a New York and London-based private equity firm investing in businesses across the financial services sector in banking and credit, insurance, investment management, and financial technology and services.
The Willkie deal team was led by partners Rajab Abbassi and Jeffrey Poss, counsel Daniel Mun and associate Neesha Mallavarapu.
