Hyperion in talks as it seeks fresh capital

Distribution giant Hyperion is in talks with a number of
financial investors as it looks to raise substantial additional
equity capital, The Insurance Insider can
reveal.
Sources said the MGA and broker has retained Morgan Stanley to
advise and is looking for buy-in from a long-term capital backer
like a pension fund or a sovereign wealth fund.
With run-rate Ebitda believed to be approaching £150mn
($197mn), the business could attract a valuation in the range of
£1.5bn-£1.8bn b