Cornell Capital/Atlas Merchant Capital $2.05 billion acquistion of Talcott Resolution from Hartford Financial Services Group

Overview:

• Cornell Capital and Atlas Merchant Capital have acquired Talcott Resolution for $2.05 billion from Hartford Financial Services Group.
• Global Atlantic Group, Pine Brook and J Safra Group were among the other investors who joined Cornell and Atlas in the purchase. 
• Talcott will be operated as a separate company.
• JP Morgan Securities and Goldman Sachs acted as financial advisers to Hartford, while BofA acted for the investors.

Katrin Kostadinova - Data analyst