Press Release

Kirkland Advises Further Global on Acquisition of ProSight Global, Inc.

Kirkland & Ellis advised Further Global Capital Management (Further Global), a private equity firm focused on the financial services industry, on a definitive merger agreement under which affiliates of TowerBrook Capital Partners L.P. (TowerBrook), an international investment management firm, and Further Global will acquire all outstanding shares of common stock of ProSight Global, Inc. (NYSE: PROS) (ProSight), a domestic specialty insurance company, in an all-cash transaction valued at approximately $586,000,000.

TowerBrook will acquire a majority stake in ProSight, with Further Global serving as a key minority co-investor.

Read the companies’ press release

The Kirkland team was led by transactional partners Jennifer Perkins, Rajab Abbassi and Jessica Murray, and also included tax partner Benjamin Schreiner and insurance regulatory partner Parimah Hassouri.