Debevoise & Plimpton LLP is advising Kuvare US Holdings, Inc. (“Kuvare”), a growth-oriented life and annuity business, in the acquisition of United Life Insurance Company, the life insurance company of United Fire Group, Inc. The transaction is expected to close in the first-half of 2018.
Upon completion of its latest transaction, Kuvare’s pro forma consolidated assets will be valued at over $2.5 billion. Kuvare, through its subsidiaries, is a life and annuity business focused on delivering value-oriented solutions to the middle market. Founded in 2015, Kuvare is committed to a sustainable growth strategy, backed by a consortium of long-term capital firms collectively managing more than $20 billion.
The Debevoise team is led by partners Nicholas F. Potter and David Grosgold and includes partners Jonathan F. Lewis, Vadim Mahmoudov, counsel Judith L. Church and associates Angela W. Lee, Brian P. Kenney and Ashley J. Shapero.
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