BB&T Corporation acquisition of CGSC North America Holdings

2/4/2016

Private acquisition

Value:

$ 500 million

Status:

Completed

Date:

2/4/2016

Overview:

BB&T Corporation, a financial services company, has acquired CGSC North America Holdings (Swett & Crawford) from Cooper Gay Swett & Crawford, a reinsurance group.
Deutsche Bank Securities acted as financial advisor to BB&T

Rani Mehta - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Insurance

Firms:

Davis Polk & Wardwell

Party: Cooper Gay Swett & Crawford (Seller)

Lawyer: Michael Davis

Willkie Farr & Gallagher

Party: BB&T Corporation (Acquirer)

Lawyers: Gregory Astrachan, Sean Ewen

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