Weil advised Lee Equity Partners in the closing of a $1.6 billion recapitalization of McLarens Global Limited, the largest pure-play provider of technical insurance claims services to the complex commercial insurance claims market. The transaction provides existing shareholders with the option to receive liquidity or remain invested and provides McLarens with access to significant new growth capital commitments to support the continued execution of the Company’s growth strategy. The recapitalization included a new investment from Lee Equity’s most recent fund, Lee Equity Partners Fund IV, LP, and was supported by participation from several blue-chip institutional investors.

Lee Equity Partners, LLC is a middle-market private equity firm that partners with businesses in the financial and healthcare services sectors. Over nearly two decades the firm has utilized its thematic based investment strategy and deep sector knowledge to identify and partner with talented management teams to accelerate growth and build market leading businesses.

The Weil team was led by Private Funds Co-Head Stephanie E. Srulowitz, Private Funds partner Lana Castor and Private Equity partner Ryan Taylor and included Private Funds associates Ryan Federbush, Amelia Krell, Andi Ramsay and Cameron Dorais; Global Private Equity Co-Head Doug Warner and associates Nicole Chen, Jeffrey Fu, Jasmine Rivera and Stephen Gobes; Tax partners Robert Frastai and Hillel Jacobson and associates Josh Schonfeld and Charles Kogel; Banking & Finance partners Andrew Yoon and Danek Freeman, counsel Nick Nikic and associates Carly Polo, Kaitlin Bond, Wenny Shen and Katherine Martin; Executive Compensation & Benefits partner Victoria Rosamond and associate Amanda Nowak; and Employment partner Celine Chan and associates Heylee Bernstein and Clare Godfryd.