Altaris takes Trean Insurance private at $316mn total equity value
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Altaris takes Trean Insurance private at $316mn total equity value

Jairo Ibarra
December 16, 2022
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Healthcare-focused investment firm Altaris has struck a deal to buy the remaining 53% of program writer Trean Insurance Group for $6.15 per share in cash.

The deal is a 97% premium to Trean’s closing price on December 15 and a 133% premium to the 30-day average price per share of $2.64.

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Jairo Ibarra
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