Private equity firm Lightyear takes 55% stake in Cooper Gay Swett & Crawford
October 22, 2012
About Cooper Gay Swett & CrawfordCooper Gay Swett & Crawford was formed by the merger of Cooper Gay and Sweet & Crawford in 2010 and is now one of the largest independent global wholesale and reinsurance brokers. The team’s original investment was in Swett & Crawford, a US-based wholesale reinsurance broker.
About Ridgemont Equity Partners
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested approximately $4.4 billion. The firm focuses on equity investments up to $250 million in industries in which it has deep expertise, including business and industrial services, energy, healthcare, and technology and telecommunications.