S&C Advises Generali in Acquisition to Become the Second Largest Non-life Insurance Company in Portugal

July 24, 2019

S&C advised the insurance group Generali on its €600 million acquisition of the Portuguese insurer Seguradoras Unidas and its associated service company, AdvanceCare. The deal makes Generali the second largest non-life insurance company in Portugal.

The team was led by S&C partners Jeremy Kutner and William Torchiana.

The client made the acquisition from Calm Eagle Holdings and Calm Eagle Parent Holdings, which are majority owned by investment funds managed by affiliates of Apollo Global Management.