trending Market Intelligence /marketintelligence/en/news-insights/trending/n8n8gcroqdv1atjibnti0g2 content esgSubNav
In This List

Enstar Group closes KaylaRe Holdings deal

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Case Study

Actions to Reduce Emissions at an Asian Financial Services Firm


Enstar Group closes KaylaRe Holdings deal

Enstar Group Ltd. has completed the acquisition of all outstanding shares and warrants of KaylaRe Holdings Ltd., following the receipt of all required regulatory approvals.

The news comes more than three months after Enstar announced that it agreed to acquire full ownership of the parent company of KaylaRe Ltd. Enstar founded KaylaRe Holdings in 2016 alongside funds managed by Hillhouse Capital Management Ltd. and the Trident V funds managed by Stone Point Capital LLC.

In consideration for the acquired shares and warrants of KaylaRe Holdings, Enstar issued 2,007,017 of its ordinary shares comprising 1,501,778 voting ordinary shares and 505,239 series E nonvoting ordinary shares to the shareholders of KaylaRe.