Choate Advises Lumen Holdings on Acquisition by The Vistria Group

"Choate represented Lumen Holdings, a technology‑enabled managing general agent that underwrites multiple lines of insurance across more than 30 states, in its acquisition by The Vistria Group, a middle‑market private investment firm. The deal makes Lumen a new platform investment in Vistria’s Financial Services strategy and reflects the growing role of specialty, tech‑enabled MGAs. The Choate deal team included Brian P. Lenihan, Rees M. Hawkins, Kevin M. Sarro, David M. Olio, Theodore Brothers and Doug Maccaferri."