Global Atlantic Financial Group, Pine Brook and J. Safra Group Announce $2.05 Billion Acquisition of Talcott Resolution From The Hartford as Part of Investor Group

December 4, 2017

S&C represents Global Atlantic Financial Group, Pine Brook and J. Safra Group, as part of a group of investors that also includes Cornell Capital LLC, Atlas Merchant Capital LLC and TRB Advisors LP, in connection with their definitive agreement with The Hartford to acquire Talcott Resolution, The Hartford’s run-off life and annuity businesses, for a total consideration of $2.05 billion.
 
The S&C team on the transaction was led by Mitchell Eitel and Andrew Gerlach, along with Louis Argentieri. David Spitzer advised on tax matters.