ERS confirms Abry buy-in as part of $350mn raise

10 March 2021

ERS has confirmed a $350mn injection of new equity led by experienced sector investor Abry Partners, as it seeks additional firepower to support its strategic pivot to specialty lines and reinsurance.

The company said that an investor group led by current owner Aquiline will also be participating in the raise.

Insurance

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Adam McNestrie

Editor-at-Large