ABRY shops insurance business Confie for second time

Confie, insurance, private equity, ABRY Partners
Ridofranz/iStock/Getty Images
  • Genstar sold Confie to ABRY in 2012
  • ABRY tried to sell Confie in 2015, sought up to $1.6 bln
  • Confie produces $125 mln EBITDA, seeks bids 10x-12x
Nearly three years since its last attempt at a sale, Confie is back on the auction block, four sources said. ABRY Partners, which owns Confie, is seeking bids in the double-digit range, like 10x-12x, for the insurance broker focused mainly ...

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