Investor HGGC to deploy ‘patient capital’ for Specialist Risk Group expansion
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Investor HGGC to deploy ‘patient capital’ for Specialist Risk Group expansion

John Block and Neil White.jpg
John Block and Neil White, HGGC

Mid-market private equity investor HGGC is ready to put significant capital behind new portfolio company Specialist Risk Group (SRG), with plans to expand the business geographically and segmentally, said partners Neil White and John Block.

HGGC won an auction for the broking group in December, prevailing over competing bidder Abry Partners. Since then SRG has announced five acquisitions, hired a team of about 15 from AFL, including the CEO and CFO, and appointed London...

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