Weil Advises J.C. Flowers in its Acquisition of a Controlling Interest in ELMC

Weil is advising J.C. Flowers & Co. LLC in its acquisition of a controlling interest in ELMC Group, LLC, a manager of premier, full-service managing general underwriters (MGU) specializing in underwriting medical stop-loss insurance, in connection with ELMC’s agreement to purchase IOA Re, Inc., a longstanding, highly-reputable MGU.

The Weil team advising J.C. Flowers is led by global Private Equity co-head Douglas Warner and includes Tax partners Mark Hoenig and Mark Schwed; Executive Compensation & Benefits partners Sarah Downie and Michael Nissan; and Corporate associates Sandra Rutova and Adam Dickson.