Protective Life to acquire Abry Partners’ portfolio company
ReinsuranceNe.ws·2025-11-03 19:00
Private equity firm Abry Partners announced that its portfolio company, Portfolio Holding, Inc., has entered into an agreement to be acquired by Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc.The transaction is expected to close in the fourth quarter of 2025 or the first quarter of 2026.Founded in 1990 and headquartered in Lake Forest, California, with offices in Dallas and Cleveland, Portfolio provide ...