Apax to make 3x its money with AssuredPartners sale

Photo of a baseball player swinging courtesy of Donald Miralle/DigitalVision/Getty Images
Apax Partners is hitting a triple with its sale of AssuredPartners. Apax said Feb. 21 that it agreed to sell its entire stake in AssuredPartners to a group led by GTCR. Terms weren’t disclosed, but the transaction valued AssuredPartners at ...

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