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Alberta Investment acquires minority stake in Davies Group

Canada-based private equity firm Alberta Investment Management Corporation has acquired a minority stake in Davies Group Limited, PE Hub reported. Financial terms of the transaction were not announced. The seller is UK-based private equity firm HGGC, LLC. Based in London, United Kingdom, Davies Group is a claims outsourcing and loss adjusting services provider to insurance companies, brokers, managing general agents, and self-insured entities in the United Kingdom and Ireland.

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Private Equity Deals,PE deals, Private Equity,minority stake