Kirkland Counsels Bain Capital Insurance on Ryze Claim Solutions Recapitalization

Kirkland & Ellis is advising Bain Capital Insurance on a recapitalization of full-service insurance claims management business Ryze Claim Solutions, which will support continued organic growth and launch a strategic acquisition initiative. The definitive agreement was announced on February 12, 2024. Following the close, Ryze will be majority-owned by Bain Capital Insurance with members of the management team and select individuals retaining a meaningful ownership stake in the business. Bain Capital Insurance is the dedicated insurance investing unit of private investment firm Bain Capital.

Read the transaction press release

The Kirkland team is being led by corporate partners Dave Gusella and Rajab Abbassi and associate Sydney Hood, with assistance from corporate associates George Colligan and Samantha Pineo; tax partners Michael Carew, Christine Lehman and Christopher Worek and associate Leah Rachow; insurance regulatory partner Parimah Hassouri; executive compensation partner Scott Price and associates Jenny Cha and Rebecca Arnall; technology & IP transactions partner Vladimir Khodosh and associate Seth Pritchard; debt finance partners Melissa Hutson and Timothy Hughes and associates Matt Truedson and Judah Batist.