First Reserve Corporation, the US-based firm focused on investing in energy related businesses, has provided USD 720m to back the launch of Torus Insurance.
US-based parent company Omnimax International sold the business to the Netherlands-based GP
Fund will target companies with revenues of at least €5m, operating in a wide range of innovative sectors
GP intends to support Sicura by boosting its growth both organically and via strategic acquisitions
WFSC joins a group of existing investors that committed to the round in September 2019