World Insurance Associates and Charlesbank Capital Partners

Madison Capital Funding closed a $233,000,000 senior debt facility to finance a leveraged buyout of World Insurance Associates, LLC by Charlesbank Capital Partners.  Madison Capital Funding was the Joint Lead Arranger.  Further terms were not disclosed.

World Insurance Associates offers comprehensive insurance coverage, risk management strategies, and benefits consulting services for businesses and individuals.

Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $36.6 billion in 1,243 middle market transactions with 315 private equity sponsors.

The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein.

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