Dragoneer has purchased 35% of AmWINS from New Mountain Capital, ensuring a long-term investor for AmWINS’ management and broad employee shareholder base AmWINS Group, Inc. AmWINS, revealed its shareholders have shown support in the partnership with Dragoneer Investment Group. The transaction, which values AmWINS at $2.6 billion, will see New Mountain Capital successfully end its investment strategy in AmWINS, which it began in 2012. Dragoneer will own 35% of AmWINS upon completion of the deal, a further 30% is owned by the Public Sector Pension Investment Board and over 440 AmWINS employee shareholders own the other 35%. AmWINS is a specialty insurance broker placing in excess of $13 billion in premiums through its relationships with more than 20,000 retail brokerage firms and over 1,000 insurance markets. AmWINS’ specialises in a wide range of insurance products and services in the property, casualty and group benefits insurance marketplace.
