Partners Group Holding AG (SWX:PGHN) agreed to acquire an unknown majority stake in Foundation Risk Partners, Corp. from Warburg Pincus LLC on August 9, 2022. Partners Group is leading the acquisition on behalf of it's client.

FRP's management will maintain a substantial stake in the business while Warburg Pincus will retain a meaningful minority position. Partners Group was advised by Morgan Stanley & Co. LLC as its financial advisor and Ropes & Gray LLP as legal counsel.

Warburg Pincus and Foundation Risk Partners were advised by Barclays, MarshBerry, Douglas DiMedio, Jai Agrawal, Adam D. Larson, Jacob R. Clark; Ben Steadman; David M Grenker; Vivek Ratnam of Kirkland & Ellis LLP, Jamieson Corporate Finance, and Peter W. Klein, Attorney at Law. Morgan Stanley (NYSE:MS) acted as financial advisor to Foundation Risk Partners, Corp.