White Mountains becomes Distinguished majority owner in $230mn deal
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White Mountains becomes Distinguished majority owner in $230mn deal

The Bermudian investor already owned a 1% interest in the NY-based MGA platform.

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White Mountains Insurance has agreed to take a roughly 50% equity interest in Distinguished Programs from private equity firm Aquiline Capital Partners for $230mn, bringing its total ownership stake in the expansive MGA platform to 51%.

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