Sixth Street buys Enstar Group for $5.1bn, plans to delist and operate privately

From Yahoo Finance.: 2025-07-03 12:22:00

Sixth Street has successfully acquired Enstar Group for $5.1bn at $338 per share, with the deal announced in July 2024. Enstar shareholders approved the acquisition on 6 November 2024. Enstar CEO Dominic Silvester expressed excitement for the company’s future as a private entity. Sixth Street co-founder Michael Muscolino praised Enstar’s business model and management team. Enstar plans to delist its depositary shares from NASDAQ and operate as a privately held company. Goldman Sachs advised Enstar, while Ardea Partners advised Sixth Street on the acquisition. The acquisition marks the beginning of a new chapter for Enstar.



Read more at Yahoo Finance.: Sixth Street completes acquisition of Enstar Group