WTM · White Mountains Insurance Group, Ltd.

Summary

White Mountains Partners LLC completed the acquisition of a majority interest in BaseSix Systems LLC for an approximate $97 million equity investment.

Key takeaways

• White Mountains Partners acquired a majority interest in BaseSix Systems LLC, a low voltage electrical systems integrator.
• White Mountains' total equity investment for the transaction was approximately $97 million.
• BaseSix Systems, founded in 2018 and headquartered in Marietta, Georgia, specializes in mission critical building systems integration.
• The acquisition aims to support BaseSix's next chapter of growth, including new offices and strategic acquisitions.
• Morgan, Lewis & Bockius LLP served as legal counsel to WMP; Deloitte Corporate Finance LLC served as financial advisor to Basesix.