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 over $5 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. Ridgemont’s most recent flagship fund, REP III, was formed in 2018 and has $1.65B of committed capital.