31-01-2018 22:11 via insuranceinsider.com

Safeonline calls off private equity talks

Buy-in discussions between specialist cyber broker Safeonline
and US private equity houses have been terminated, The
Insurance Insider understands.
This publicationrevealed in July that the London-based intermediary was in
early-stage talks with private equity firms over a partial buy-in
or potentially a full sale, although no bank had been appointed to
run a formal process.The company had been looking to secure additional funding to
position itself to take full advantage of the ever-increasing
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