NEW YORK, NY--(Marketwired - Feb 17, 2015) - Stonybrook Capital, LLC has been named advisor to Montpelier Re in connection with an investment made by the reinsurer, Joseph Scheerer, Principal and Managing Director of Stonybrook, announced. The analysis included valuation considerations.
"Stonybrook was instrumental in helping us evaluate our investment," said Mike Paquette, President of Montpelier Re U. S. Holdings, Ltd. Montpelier is headquartered in Bermuda with operations worldwide. The Company offers global property and casualty reinsurance and insurance products.
"We are especially pleased to have been selected for this assignment by Montpelier and greatly appreciate the opportunity to work with a widely recognized leader in the reinsurance industry," Scheerer said.
Stonybrook is a strategic advisory and investment-banking firm located in New York that specializes exclusively on the insurance and reinsurance industry. The Company advises clients on buy-and-sell-side mergers and acquisitions, restructuring, valuation, market finding and analysis of strategic alternatives, among others.
Contact Information:
Corporate contact:
Ravi Arps
Vice President
Stonybrook Capital
860-301-6595
Media contact:
Mechlin Moore
MDM Communications
239-777-1595