NEXT plc and Reiss Family Acquire Warburg Pincus' Stake in Reiss

Permira Acquires Majority Stake in Reorg from Warburg Pincus

August 1, 2022

Data & Analytics

Funds advised by Permira agreed to acquire the majority shareholding in Reorg from Warburg Pincus, with Reorg management retaining a significant ownership stake. The investment will support product innovation and accelerated growth for Reorg, a provider of data, analytics and intelligence for the global credit markets; financial terms were not disclosed and the deal was expected to close in Q3 2022.

Warburg Pincus Invests $400M in WEX Inc.

June 29, 2020

Payments & Fintech

WEX Inc. agreed to a $400 million private investment from an affiliate of Warburg Pincus, consisting of $310 million of convertible notes and $90 million of common stock, and also obtained an amendment to its senior secured credit facilities to increase financial flexibility. The transaction strengthens WEX's balance sheet and liquidity as it navigates COVID-19 headwinds and supports its strategic initiatives across fleet, travel and healthcare payments.

Warburg Pincus Invests in Merger of Tilney and Smith & Williamson

September 1, 2020

Wealth Management

Warburg Pincus completed its investment to back the merger of Tilney and Smith & Williamson, creating the combined group Tilney Smith & Williamson. The merged business becomes a leading UK integrated wealth management and professional services group with over £47 billion AUM and circa £530 million pro forma revenue while retaining the Tilney, Smith & Williamson and Bestinvest client-facing brands.

ERGO / Munich Re Group Completes Acquisition of NEXT Insurance

July 1, 2025

Insurance

ERGO Group AG, part of Munich Re Group, has completed the full acquisition of NEXT Insurance, embedding the digital insurer within ERGO's management structure. The transaction, announced at a $2.6 billion valuation for 100% of NEXT Insurance, gives ERGO/Munich Re a direct foothold in the U.S. small-business P&C insurance market and combines NEXT's tech-driven underwriting platform with ERGO's insurance expertise.

Warburg Pincus Acquires Majority Stake in Ebco

August 16, 2024

Manufacturing

Warburg Pincus has acquired a majority equity stake in Ebco Private Limited, one of India’s largest furniture fittings and architectural hardware manufacturers. Ebco’s promoters will retain a significant minority and remain involved in the business; the investment is intended to support national expansion, deepen manufacturing and R&D capabilities, and scale distribution across India.

Warburg Pincus Acquires 80% Stake in Avanse Financial Services

March 16, 2019

Financial Services

An affiliate of Warburg Pincus has entered into a definitive agreement to acquire an 80% equity stake in Avanse Financial Services Limited from Wadhawan Global Capital. Warburg Pincus will also infuse INR 3,000 million of primary equity capital to support Avanse's growth as a specialized education finance NBFC in India.