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Investors Genstar, Aquiline and Atlas sold Ascensus for a deal valued at $3 billion to rollup IPO-prep experts at Stone Point, according to reports.
With Ascensus also in its portfolio, Aquiline is showing a penchant for taking dull, fragmented, unloved wealth-management niche businesses and rolling them up into sexier firms
After months of searching on behalf of Aquiline, Jack L. Rivkin decided to nominate himself
Myra Rothfeld also departs as Goldman sets his sights on software, service revamp
After a long spell on the block, Aquiline Capital and Genstar Capital coughed up the cash to buy the roll-up of Altegris, AssetMark and Centurion
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