White Mountains to sell NSM to Carlyle at $1.8bn valuation
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White Mountains to sell NSM to Carlyle at $1.8bn valuation

Jairo Ibarra
May 09, 2022
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Carlyle NSM White Mountains.jpg

White Mountains has inked a deal to sell its top-five MGA NSM Insurance Group to Carlyle-affiliated investment funds for $1.775bn.

The move comes one month after this publication revealed that the listed insurance investment business had retained JP Morgan to advise on the potential sale of the MGA.

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Jairo Ibarra
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