Weil Gotshal, Clifford Chance Guide CVC's $1B Cunningham Buy

Law360, New York (October 1, 2012, 10:21 PM EDT) -- A group of investors led by private equity firm CVC Capital Partners will take over Cunningham Lindsey Group Ltd., the companies said Monday, in a deal that reportedly places the worth of the Tampa, Fla.-based loss-adjustment firm near $1 billion.

The investor group, which includes Allied World Financial Services Ltd., will obtain the majority ownership of Cunningham Lindsey from fund manager Stone Point Capital’s affiliates and financial services holding company Fairfax Financial Holdings Ltd., which will sell its interest in the company for roughly $260 million,...
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