EQT, Vitruvian Explore Exit Options for Cyber Insurer CFC

EQT, Vitruvian explore exit options for cyber insurer CFC

Private equity firms EQT and Vitruvian Partners are exploring strategic options for their investment in cyber insurer CFC, including a potential sale or initial public offering, according to a report by Bloomberg citing people familiar with the matter. The owners have reportedly appointed Evercore and Goldman Sachs to advise on the process. A transaction could value London-based CFC at around £5bn, with London and New York both under considerati…

CFC owners said to tap banks for sale, IPO of $6.8B insurer

Private equity firms EQT AB and Vitruvian Partners are working with advisers as they explore strategic options for their investment in cyber insurer CFC, according to people familiar with the matter.