On March 2, 2022, BBH Capital Partners announced that they have entered into an investment agreement with Synex Business Performance Group for $120 million. The substantial minority equity investment from BBH Capital allows Synex to accelerate growth while remaining majority-owned and controlled by employees.
BBH Capital Partners is a private equity strategy of Brown Brothers Harriman that provides highly customized capital solutions to growth-oriented companies.
Synex Business Performance is an acquisition company that owns the Synex Insurance brand.
Osler, Hoskin & Harcourt LLP acted for BBH Capital Partners as counsel with a team consisting of Niko Veilleux, Matthew Oliver, Véronique Fortin-Latreille, Daniel Stysis, Samuel Alary, Bradley Sendel (Corporate), Mark Brender, David Wilson, Jean-Philippe Dionne (Tax), Elizabeth Sale, Haley Adams (Regulatory), Cristina Cosneanu (Litigation), John Salloum, Gemma Devir (Privacy and Data Management), Julien Ranger-Musiol, Jeremy Perron (Employment and Labour; Pensions and Benefits), Caroline Stephens and Natasha Vincelli (Real Estate).