Apax sells AssuredPartners to GTCR-led group

Apax Partners said Feb. 21 that it sold its stake in AssuredPartners to an investor group led by GTCR. Financial terms weren’t announced. Apax is coinvesting in the deal and will have a minority stake. AssuredPartners, of Lake Mary, Florida, is an insurance broker that distributes property and casualty, risk management, employee benefits and personal insurance.

DealsNorth AmericaUSFinancial ServicesBriefs