CFC sale rumours resurface – Insurance Age
The private equity owners of cyber insurer CFC are exploring “strategic options” having appointed advisers, according to a report by Bloomberg.
The article listed that PE houses EQT, which invested in CFC in 2021, and Vitruvian Partners which has been a financial backer since 2017, have taken on Evercore and Goldman Sachs to look at a potential sale or IPO.
The Financial Times previously reported last July that CFC was eyeing up a listing on the London Stock Exchange at a value of over £5bn, but that discussions were at an early stage, other options were being considered, and no deal was expected before the second half of 2026.
Zurich
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk