Dragoneer Inks Deal For New Mountain's AmWINS Stake

By Joyce Hanson (October 12, 2016, 1:44 PM EDT) -- Insurance company AmWINS Group Inc. of Charlotte, North Carolina, said Tuesday that its shareholders have agreed to partner with Dragoneer Investment Group, as private equity firm New Mountain Capital LLC sells out of its position in the broker, in a transaction that values AmWINS at approximately $2.6 billion.

San Francisco-based Dragoneer will own 35 percent of AmWINS upon completion of the deal, while the Canadian Public Sector Pension Investment Board will own 30 percent and roughly 440 AmWINS employee shareholders will own the remaining 35 percent, according to the companies. New Mountain Capital, headquartered in New York, said it is exiting...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!