Oak Hill Capital Invests in Insurance Brokerage IMA

Paul, Weiss advised Oak Hill Capital on its investment in insurance brokerage IMA Financial Group as part of an equity recapitalization transaction that values IMA at $4 billion. Under the agreement, Oak Hill acquired a minority stake in IMA alongside New Mountain Capital, with additional participation from HarbourVest Partners and a select group of prominent institutional co-investors.

The Paul, Weiss team included corporate partners Brian Lavin, Ishan Jhingran and Steven Kaye; antitrust partners Ross Ferguson and Yuni Sobel; intellectual property partner Chuck Googe; litigation partner Elizabeth Weiswasser and counsel Audrey Paquet; executive compensation partner Rebecca Coccaro; tax partner Kiran Sheffrin; and real estate partner Ida Nowaid and Leila Shirian.