Newsletter Subscriptions
If you liked this article you can sign up to receive free weekly newsletters from the site by clicking here
PE-Backed ProSight Taking NYMagic Private
ProSight Specialty Insurance Holdings Inc. , a portfolio company of
TPG Capital
Loading...
and
GS Capital Partners
Loading...
, has agreed to acquire NYMagic Inc. (
NYSE
Loading...
: NYM), a property and casualty insurance company thatunderwriters ocean marine, inland marine and non-marine liability insurance. Read more
Summary
ProSight Specialty Insurance Holdings Inc. , a portfolio company of TPG Capital and GS Capital Partners, has agreed to acquire NYMagic Inc. (NYSE: NYM), a property and casualty insurance company that underwriters ocean marine, inland marine and non-marine liability insurance. The deal is valued at nearly $220 million, with NYMagic stockholders to receive $25.
TheMediaBriefing Social