Wellington Insurance Group, a Texas-based risk distribution business specializing in the delivery and administration of residential property insurance, completed a transaction involving the sale of a majority ownership interest to New York-based Aquiline Capital Partners. Our firm represented Wellington in the transaction. Key members of the Wellington management team will be rolling over a portion of their equity investment and will continue to operate the business going forward.
Aquiline is a private equity investment firm and has made several investments in the insurance sector.