A Locke Lord team led by Zachary Lerner (New York) and Ben Sykes (Chicago) acted as special insurance regulatory counsel to Warburg Pincus, a leading global growth investor, in its significant investment in ParetoHealth. Pareto provides employer health care benefits solutions that enable small and midsized businesses to self-fund their health benefits. Great Hill Partners, which invested in Pareto in 2019, will retain an equal stake to Warburg, alongside a significant continuing investment from the current management team. For more information, see the press release. Additional assistance was provided by Laura L. Ferguson (Houston), Jon Gillum (Austin), Moya McKenna (Austin) and Tom Bohac (Chicago).
Having recently acted as insurance regulatory counsel for Warburg in connection to its acquisition of K2 Insurance Services, Locke Lord continues to assist Warburg with respect to expanding its insurance sector footprint.
Posted on June 8, 2023