Global Risk Partners Ltd. has held talks with three private equity companies about a possible sale of a majority stake, Insurance Age reported.

Evercore is said to be leading the process. Penta Capital-backed Global Risk Partners was in discussions with Searchlight and Apax Partners LLP, while Cinven Ltd. has reportedly pulled back from talks.

Global Risk Partners, Apax and Cinven declined to comment to the news outlet, while Searchlight could not be reached for comment.