Genstar, Aquiline consider selling Ascensus: Bloomberg

Genstar Capital and Aquiline Capital Partners are considering selling Ascensus Inc, Bloomberg reported. The PE firms have spoken to financial advisers about a sale of Ascensus, which could fetch more than $2 billion, the story said. Genstar and Aquiline are in the early stages of exploring an exit and may not formally seek offers until late summer, Bloomberg said. Ascensus is a retirement and college savings provider.