Northlight Acquires Carrick Group
January 8, 2024
Northlight QIAIF plc, managed by London-based Northlight Group LLP, has acquired Carrick Group Limited, a Bermuda-based non-life run-off and reinsurance platform, from Zimmer Financial Services Group. Northlight said it will support Carrick's growth business plan and has appointed several independent non-executive directors to Carrick's board.
- Buyers
- Northlight QIAIF plc, Northlight Group LLP
- Targets
- Carrick Group Limited
- Sellers
- Zimmer Financial Services Group
- Industry
- Insurance
- Location
- Bermuda
- Transaction Type
- Buyout
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