Enstar Group Limited (NASDAQ: ESGR) Files An 8-K Other EventsItem 8.01. Other Events.
On November 29, 2018, Enstar completed the previously announced transaction to invest an aggregate of $200 million in Evergreen Parent L.P. ("Evergreen"), an entity formed by private equity funds managed by Stone Point Capital LLC and the Karfunkel-Zyskind Family. Following the receipt of all regulatory approvals, Evergreen completed the acquisition on November 29, 2018 of the approximately 45% of the issued and outstanding shares of common stock of AmTrust Financial Services, Inc. ("AmTrust") that the Karfunkel-Zyskind Family and certain of its affiliates and related parties did not previously own or control. Following the closings, Enstar subsidiaries collectively own approximately 7.4% of the capital units of Evergreen, and AmTrust is a wholly-owned subsidiary of Evergreen.