BBH CAPITAL BUYS MAJORITY STAKE IN SUNSTAR INSURANCE GROUP

Private equity fund BBH Capital Partners has acquired a majority stake in Sunstar Insurance Group, an independent insurance broker focussed on the US Southeast and lower Midwest. Sunstar management and key employees will remain significant shareholders alongside BBH. Sunstar will use the additional capital to maintain its current momentum and accelerate long-term growth. Memphis, Tennessee-based Sunstar has grown to become one of the largest independent insurance brokers in the US through organic growth and acquisitions, having completed over 25 acquisitions within its core geography.