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TowerBrook and Further Global Complete Acquisition of ProSight and Appoint Jonathan Ritz as CEO

TowerBrook and Further Global Complete Acquisition of ProSight and Appoint Jonathan Ritz as CEO
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TowerBrook and Further Global Receive Regulatory Approval for Acquisition of ProSight and Appoint Jonathan Ritz as CEO

TowerBrook and Further Global Receive Regulatory Approval for Acquisition of ProSight and Appoint Jonathan Ritz as CEO
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TowerBrook and Further Global Receive Regulatory Approval for Acquisition of ProSight and Appoint Jonathan Ritz as CEO

TowerBrook and Further Global Receive Regulatory Approval for Acquisition of ProSight and Appoint Jonathan Ritz as CEO
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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TowerBrook and Further Global Receive Regulatory Approval for Acquisition of ProSight and Appoint Jonathan Ritz as CEO

TowerBrook and Further Global Receive Regulatory Approval for Acquisition of ProSight and Appoint Jonathan Ritz as CEO
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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TowerBrook and Further Global Announce Acquisition of Specialty Insurance Company ProSight Global, Inc.

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NEW YORK and LONDON and MORRISTOWN, N.J., Jan. 15, 2021 /PRNewswire/ TowerBrook Capital Partners L.P. ( TowerBrook ), an international investment management firm, and Further Global Capital Management ( Further Global ), a private equity firm focused on the financial services industry, today announced the signing of a definitive merger agreement, under which affiliates of TowerBrook and Further Global will acquire all outstanding shares of common stock of ProSight Global, Inc. (NYSE: PROS) ( ProSight or the Company ), a domestic specialty insurance company, in an all-cash transaction valued at approximately $586,000,000.
Under the terms of the agreement, ProSight stockholders will receive $12.85 per share of common stock, which represents a 42% premium to the closing share price as on September 23, 2020, the last trading day prior to media reports about a possible acquisition by TowerBrook. TowerBrook will acquire a majority ....

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