Reps and Warranties from a Business Perspective
M&A Science
00:00
Rapid Warranty Insurance
The buyers of this product started with the PE firms. Now we're seeing strategics using it. The demand for the product was primarily driven by private equity sponsors who wanted a quick and clean exit following a sale. As such, product that started as a sell side product is now from the entrenched as a buy side product. We definitely see more buy side policies in the market today than sell side policies.
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