Investment Summary

Century Equity Partners Invests In Cyrus Reinsurance Holdings

On January 1, 2005, private equity firm Century Equity Partners invested in insurance company Cyrus Reinsurance Holdings

Investment Highlights
  • This is Century Equity Partners’ 4th transaction in the Insurance sector.
  • This is Century Equity Partners’ 2nd transaction in Bermuda.

Investment Summary

Date 2005-01-01
Target Cyrus Reinsurance Holdings
Sector Insurance
Investor(s) Century Equity Partners
Deal Type Growth Capital

Target

Cyrus Reinsurance Holdings

Hamilton, Bermuda
Cyrus Reinsurance Holdings, Ltd. is a Cayman based reinsurance vehicle that provides retrocessional coverage in the property catastrophe market.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Century Equity Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 885M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Century Equity Partners is an asset management firm invests in lower middle-market companies located in the US. Century Equity Partners focuses on companies with rapidly growing, profitable businesses led by strong management teams with an enterprise value between $15 and $300 million and equity capital ranging from $5 to $30 million and in conjunction with its limited partners and select co-investors can commit up to $100 million to a single transaction. The Firm targets companies operating in the fields of financial services, insurance, and healthcare services. Types of transactions include buyouts and growth capital. It seeks minority interest and also considers co-invests. Century Equity Partners was formed in 1987 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 6 of 34
Sector: Insurance M&A 4 of 15
Type: Growth Capital M&A Deals 3 of 19
Country: Bermuda M&A 2 of 3
Year: 2005 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Argo Group

Pembroke, Bermuda

Argo Group offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. Argo Group was founded in 1986 and is based in Pembroke, Bermuda.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-11 Tysers

London, United Kingdom

Tysers is a specialty commercial property & casualty insurance brokerage firm. Tysers serves as an intermediary between retail and/or wholesale insurance brokers to facilitate the placement of unusual, complex, or specialized coverages within the London market, notably to Lloyds of London, and global insurance markets. Tysers is headquartered in London, United Kingdom.

Buy -