Hicks, Muse, Tate & Furst line up banks to lead financing for Swett & Crawford purchase

By Sara Rosenberg

New York, Sept. 22 - Hicks, Muse, Tate & Furst Inc. has received debt financing commitments from Credit Suisse First Boston and Deutsche Bank to help fund is acquisition of Swett & Crawford, according to a company news release.

Hicks, Muse, Tate & Furst is purchasing Swett & Crawford from Aon Corp. Banc of America Capital Investors and Emerald Capital Group Ltd. are involved in the buying group as well.

The transaction is expected to be completed in 45 to 60 days.

Swett & Crawford is a wholesale insurance brokerage firm.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.