Madison Dearborn, Enstar invest $350 mln in AmTrust

Madison Dearborn Partners and Enstar Group Ltd agreed to invest $350 million to acquire a minority stake in AmTrust Financial Services Inc. In June, shareholders approved the $2.95 billion take private of AmTrust from Stone Point Capital and the Karfunkel-Zyskind family. AmTrust, of New York, is a property and casualty insurance company. Madison Dearborn’s and Enstar’s investment is expected to reduce the Stone Point’s and Karfunkel-Zyskind’s equity in the take private.

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