Arch Capital, with Warburg Pincus and Kelso, Acquires Watford Holdings Ltd.

Kelso & Company Takes 25% Minority Stake in Wellington-Altus Financial Inc.

January 12, 2026

Financial Services

Kelso & Company closed a nearly CAD 400 million secondary minority common equity investment to acquire a 25% stake in Wellington-Altus Financial Inc., implying an enterprise value of more than CAD 1.5 billion. The transaction provides liquidity to existing advisors and employees while supporting Wellington-Altus’s continued growth as the firm surpasses 1,000 employees and CAD 45 billion in assets under administration.

Bain Capital Acquires Controlling Stake in Archwest Capital

July 8, 2024

Financial Services

Bain Capital has made a significant growth investment to acquire a controlling stake in Archwest Capital, a national lender focused on non-owner-occupied residential and multifamily real estate financing. Management, led by CEO Shawn Miller, will retain a meaningful minority stake; financial terms were not disclosed. Bain will provide capital and operational resources to help Archwest scale its suite of fix-and-flip, bridge, construction, rental and multifamily lending products.

Arch Reinsurance Acquires Somerset Bridge Group and Southern Rock Holdings

June 23, 2021

Insurance

Arch Reinsurance Ltd., a subsidiary of Arch Capital Group Ltd., announced a planned acquisition of Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates (collectively “Somerset”), subject to regulatory approval. The deal brings Somerset's motor managing general agent, distribution capabilities, affiliated insurer and integrated claims operation into Arch Re’s platform to deepen its UK motor and distribution capabilities.

Consortium Including Pittco, Arch Capital, BTG Pactual Acquires 10% Stake in Pershing Square for $1.045B

June 13, 2024

Financial Services

A consortium of strategic investors led by Pittco Management, Arch Capital Group, BTG Pactual, Consulta Limited, ICONIQ Investment Management, and Menora Mivtachim purchased a 10% common equity interest in Pershing Square Holdco, L.P. from Pershing Square Capital Management for $1.045 billion. The transaction is a minority primary equity sale that brings long-term institutional and strategic investors into the previously employee-owned investment firm.

Warburg Pincus (via Canyon Trail) Acquires Majority Stake in Watertec India

June 27, 2023

Building Products

Canyon Trail Investments B.V., an affiliate of Warburg Pincus, has acquired a majority stake in Watertec India Private Limited, a Coimbatore-based polymer bath-fittings manufacturer and brand. The investment will support Watertec’s growth — expanding product portfolio, strengthening brand equity, and broadening geographic reach across Tier 2/3 and rural India; Mathew Job will join as Executive Chairman.

Seawall Capital Acquires Kent Water Sports Holdings

December 31, 2020

Consumer Products

Seawall Capital, a middle‑market private equity firm, acquired Kent Water Sports Holdings, LLC (Kent) for an undisclosed amount; the transaction closed on December 31, 2020. Seawall said it will partner with Kent’s management and the Archer family to provide capital and resources to accelerate organic growth and pursue future acquisitions across Kent’s portfolio of action‑sports brands.