William S. Leonard

Mr. Leonard advises on public and private mergers and acquisitions, dispositions, joint venture transactions, spin-offs, strategic investments and other corporate transactions.

His experience includes advising:

• F&G Annuities & Life, Inc. in:
  • its $2.7 billion acquisition by Fidelity National Financial, Inc.
  • its subsequent partial spin-off from Fidelity National Financial, Inc. and listing on the New York Stock Exchange
  • numerous acquisitions related to F&G’s owned distribution business strategy
  • its $200 million sale of F&G Reinsurance Ltd to Ares Management Corporation
• JAB Holding Company in:
  • the creation and expansion of its North American life insurance platform, including the approximately $3 billion pending acquisition of Prosperity Life Group and Prosperity Asset Management from affiliates of Elliott Investment Management
  • the creation and expansion of its North American pet insurance platform, Independence Pet Group, including the acquisitions of PetPartners, Inc., FIGO Pet Insurance LLC and Independence American Insurance Company
  • its $1.4 billion acquisition of Crum & Forster’s pet insurance business from Fairfax Financial Holdings Limited
  • its acquisition of a controlling ownership interest in Pumpkin Insurance Services Inc. from Zoetis Inc.
  • its acquisition of Embrace Pet Insurance from The Carlyle Group and NSM Insurance
  • its acquisition of Pets Best Insurance Services from Synchrony Financial
  • its acquisition of a controlling ownership interest in Spot Pet Insurance from affiliates of Merrick Ventures
• Aquarian Holdings in its:
  • $1.5 billion capital raise and related investment transactions with Mubadala Capital and RedBird Capital Partners
  • acquisition of a controlling ownership interest in Somerset Reinsurance Ltd.
  • acquisition of a minority ownership interest in Obra Capital

Other representative matters include:

• Brown & Brown, Inc. in its $9.825 billion merger with Accession Risk Management Group

• Apollo Global Management, Inc. in its $11 billion merger with Athene Holding Ltd.
• Validus Holdings, Ltd. in its $5.6 billion acquisition by American International Group, Inc.
• American Financial Group, Inc. in the $3.5 billion sale of its annuity business to Massachusetts Mutual Life Insurance Company
• Stone Point Capital and Privilege Underwriters, Inc. in Privilege’s $3.1 billion acquisition by Tokio Marine Holdings, Inc.
• CMIG International Holding Pte. Ltd., the 96% shareholder of Sirius International Insurance Group, Ltd., in Sirius Group’s $788 million merger with Third Point Reinsurance Ltd.
• Safe Auto Insurance Group, Inc. in its $300 million merger with a subsidiary of The Allstate Corporation
• Kestrel Group LLC in its $170 million combination transaction with Maiden Holdings, Ltd.