AmTrust sells majority stake in US-based fee businesses


AmTrust Financial Services has agreed to sell a 51 percent equity interest in certain parts of its US-based fee businesses to Madison Dearborn Partners, a private equity firm in a deal that values the business at $1.15 billion, plus up to an additional $50 million upon exit, subject to agreed thresholds.

AmTrust, Madison Dearborn Partners, M&A, Stuart Hollander, Barry Zyskind, North America

Intelligent Insurer