Waller Helms Advisors acted as financial advisor to The BC Funds
Funds advised by BC Partners, a leading international investment firm, have announced today that they have signed a definitive agreement to acquire a majority stake in Davies, the leading specialist professional services and technology business serving the global insurance market. Terms of the transaction were not disclosed.
This new partnership will diversify and strengthen Davies shareholder base, as it seeks to drive further global expansion, increase investment in technology and digital transformation, and to continue to partner with complementary businesses via M&A. Existing investors HGGC and AIMCo will continue to hold minority ownership stakes in the business, alongside the Davies leadership team and employees. BC Partners will also have representation on the Board.