Abacus life announces agreement to acquire carlisle management company sca

Acquisition accelerates abacus' expansion as a global alternative asset manager and origination company deal will add up to $2 billion in aum to abacus orlando, fla., july 18, 2024 (globe newswire) -- abacus life, inc. (“abacus” or the “company”) (nasdaq: abl), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, today announced a definitive agreement to acquire carlisle management company sca (“carlisle”), a leading luxembourg-based investment manager in the life settlement space, for approximately $200 million.
ABL Ratings Summary
ABL Quant Ranking