ANV Group Holdings to Acquire Open Lending

Paul, Weiss is advising global insurance intermediary platform ANV Group Goldings Ltd. in its acquisition of Open Lending Corporation, a leading provider of insurance-backed lending enablement and risk analytics solutions for financial institutions. Under the terms of the agreement ANV will acquire all outstanding shares of Open Lending common stock for $3.15 per share through an all-cash tender offer. Formed following a strategic partnership between AmTrust Financial Services and Blackstone Credit & Insurance, ANV operates a growing portfolio of specialty insurance businesses across a diverse range of risk and insurance products. The acquisition of Open Lending strengthens and expands ANV’s U.S. footprint and reinforces credit as a core insurance product for the group. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions.

The Paul, Weiss team is led by corporate partner Adam Givertz and associates Lewis Fainer and Brian Huang, and includes partners David Tarr and Christian Kurtz, and counsel Marta Ferrari; antitrust partners Christopher Wilson and Yuni Sobel; intellectual property partner Jonathan Ashtor and counsel Matthew Rosenberg; tax partner Scott Sontag and counsel Alyssa Wolpin; executive compensation partners Christopher Gonnella and Arian Mossanenzadeh; and litigation partners John Carlin, Katherine Forrest and Gregory Laufer, and counsel Audrey Paquet and Joshua Thompson.