1. Home >
  2. M&A >
  3. Buyout (LBO, MBO, MBI) >
  4. Bermuda >
  5. Wand Partners Acquires Aeolus Re

M&A Deal Summary

Wand Partners Acquires Aeolus Re

On January 1, 2017, private equity firm Wand Partners acquired insurance company Aeolus Re

Acquisition Highlights
  • This is Wand Partners’ 11th transaction in the Insurance sector.
  • This is Wand Partners’ 3rd transaction in Bermuda.

M&A Deal Summary
Date 2017-01-01
Target Aeolus Re
Sector Insurance
Buyer(s) Wand Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Aeolus Re

Hamilton, Bermuda
Aeolus Re is a provider of reinsurance and retrocession coverage on a fully-collateralized basis. Aeolus Re was founded in 2006 and is based in Hamilton, Bermuda.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Wand Partners

New York, New York, United States

Investor Investor

Category Private Equity Firm
Founded 1985
Size Middle-Market
Type Sector Focused
DESCRIPTION

Wand Partners is a specialist private equity firm that targets investments in financial service companies. Prospective transactions include buyouts, expansion financings and venture investments in new companies. Specific areas of interest include property/casualty insurance and reinsurance; life insurance; insurance brokerage; commercial banking, specialty finance; investment banking; investment management; real estate finance; and technology/marketing services. The Firm's target transaction range is $50 to $500 million. Wand Partners was formed in 1985 and is based in New York City.

DEAL STATS #
Overall 18 of 19
Sector: Insurance M&A 11 of 12
Type: Buyout (LBO, MBO, MBI) M&A Deals 18 of 18
Country: Bermuda M&A 3 of 3
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-08 Casewise

Watford, United Kingdom

Casewise Ltd. is a provider of software and consultancy solutions to over 3,000 major global organizations for Business Process Modeling, Enterprise Architecture, Service Oriented Architecture and IT Governance and Compliance solutions. Casewise’s enterprise modeling products and solutions enable organizations to visualize, understand, analyze, improve, audit and continually enhance complex operating processes and IT infrastructures.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-14 Prosperity Life Group

Roanoke, Virginia, United States

Prosperity Life Group is an insurance organization, which provides financial security to individuals and their families through innovative protection, supplemental insurance and asset accumulation products. Prosperity Life Group was founded in 2009 and is based in Roanoke, Virginia.

Buy -
Mergr

Solution for

Product

Company

Legal