Kohlberg’s Chronos Life Group Buys Majority of Life Equity
Kohlberg & Co. portfolio company Chronos Life Group completed the acquisition of a majority ownership stake in Life Equity LLC, an Ohio-based life settlement provider and asset servicer. Ranks will be shuffled as part of the deal; Kyle Kibler, who was COO of Life Equity, will succeed company co-founder Brian Smith as CEO.
8 March 2011•2 mins read
