AmTrust Financial Taken Private by CEO, Karfunkel-Zyskind Family and Stone Point Capital in $2.95 Billion Deal

Paul, Weiss represented Amtrust chairman and CEO Barry Zyskind and family members George Karfunkel and Leah Karfunkel, alongside Stone Point Capital LLC, in their buyout of insurer AmTrust Financial Services Inc. The transaction values the fully diluted equity of the company at approximately $2.95 billion, excluding the company’s outstanding preferred stock.

The Paul, Weiss team includes, among others, corporate partners Ross Fieldston, Adam Givertz and Dale Sarro and counsel Scott Grader; litigation partners William Clareman and Andrew Gordon and counsel Daniel Mason; tax partner Scott Sontag; employee benefits counsel Uri Horowitz; and antitrust counsel Marta Kelly.