Hg is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5 billion ($1.6 billion), people familiar with the matter said.
The software-focused private equity firm is working with advisers as it considers offloading some or all of its stake in GGW, the people said, asking not to be identified discussing confidential information.
Deliberations are ongoing and no final decisions on a sale have been made, according to the people. Hg may also decide to hold on to the business and grow it through bolt-on acquisitions, they said.
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