Aquarian Capital is set to acquire Brighthouse Financial for $4.1 billion in cash, taking the insurer private and focusing on the growing US retirement market.
Information on the Target
Brighthouse Financial, based in Charlotte, North Carolina, is a prominent US life insurance and annuity provider. The company was established in 2017 as a spin-off from MetLife and has since established itself as one of the largest suppliers of annuities and life insurance products in the country.
Following its upcoming acquisition, Brighthouse Financial will transition from a public entity to a privately held company after over eight years in the public market. The current CEO, Eric Steigerwalt, will continue to lead the organization, ensuring leadership continuity throughout this major transformation.
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Industry Overview in the US
The insurance industry in the United States is a critical segment of the financial services market, characterized by stable cash flows and robust liquidity profiles. Giv
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Aquarian Capital
invested in
Brighthouse Financial
in 2026
in a Public-to-Private (P2P) deal
Disclosed details
Transaction Size: $4,100M