Company · Financial services
Australia's largest general insurance broker network
Every investor coverage indicates participated in a round Steadfast Group raised.
Companies Steadfast Group acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Robert Kelly | CEO and Managing Director (former) | DealStreetAsia, Business News Australia |
Stories naming Steadfast Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Ashurst Perkins Coie acted for Amwins on its proposed A$8 billion consortium buyout of ASX-listed Steadfast, under which Amwins would take the underwriting agencies and KKR and Dragoneer the retail broking arm.
Steadfast has agreed to a takeover by a Dragoneer- and KKR-backed consortium valuing it near A$7.7 billion, with Amwins Australasia set to take its underwriting unit and the bidders keeping the broking operation.
Insurance broker Steadfast is set for an A$7.7 billion take-private by a KKR-backed consortium, with Amwins and Dragoneer taking its two businesses, amid a wider Australian public-to-private wave.
Insurance broker Steadfast Group is headed for delisting after an unnamed three-party consortium confirmed a $7.7 billion takeover offer following a due-diligence period, Street Talk reports.
A consortium of Amwins, Dragoneer and KKR is moving toward a binding agreement to acquire Steadfast after completing most due diligence, valuing the insurance broker at $7.7 billion; two senior executives have left.