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MSB sold to TPG Capital investment firm


November 5, 2010   by Canadian Underwriter


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Marshall & Swift/Boeckh (MSB) has been sold to global investment firm TPG Capital.
MacDonald Dettwiler and Associates signed a definitive agreement to sell MSB to TPG Capital for an undisclosed amount. TPG has $47 billion in assets under management and “strong” experience supporting companies in the insurance and financial services marketplace, an MSB release says.
“MSB has achieved outstanding growth working with MDA and now looks forward to continued success while partnering with TPG,” said Salil Donde, MSB’s CEO. “We will continue delivering world class property estimating solutions and thought leadership to the markets we serve.”


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