Private equity group Thomas Lee buys major stake in Clearwater’s AmeriLife
January 8, 2020 - AmeriLife, a Clearwater-based company that markets and distributes life, health and retirement products, has entered into a recapitalization agreement with an investor group led by Thomas H. Lee, a private equity firm. Financial terms were not disclosed, but Barrons cited sources who said the deal was worth more than $1 billion. The investors are buying a majority stake from J.C. Flowers & Co. "We are excited to partner with THL in the next phase of our growth, building upon the success of our more than four-year relationship with J.C. Flowers & Co.," Scott R. Perry, CEO of AmeriLife, said in a news release.