Kirkland & Ellis advised FTV Capital on its strategic growth investment in Neptune Flood Incorporated, a digital insurtech platform and private flood insurance provider, alongside Bregal Sagemount. FTV and Sagemount will acquire a substantial minority stake in the company, with Neptune CEO and management maintaining majority ownership. Financial terms of the transaction were not disclosed.
The Kirkland team was led by corporate partners Chris Burwell and Leo Greenberg and associates Michael Nester and Guy Green; debt finance partner Jud Oswald and associate Justin Greer; tax partner David Kung and associate Zak Morozov; and antitrust partners Mike Thorpe and Alasdair Balfour.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
