Financial Services Divestitures in 2026

Blue Ridge Associates has acquired the ESOP third‑party administration (TPA) services business from AmbroseAdvisors, including the ESOP administration team and clients. AmbroseAdvisors will retain its advisory business while Blue Ridge expands its ESOP administration capabilities and client base to meet growing demand for ESOP formation and related services.

K2 Group Holdings Limited (K2 International) has acquired the management liability underwriting business and book of business from Rising Edge, establishing a new London-based division rebranded as K2 Executive Risk Limited led by Yoel Brightman. The deal transfers the existing book and capacity arrangements to K2 and expands the group's Financial Lines capabilities within its London underwriting platform.

Blockstream Capital Partners announced the acquisition of a division of Numeus Group, including a ten-person Bitcoin derivatives trading team led by Deepak Gulati. Komainu will provide corporate support, exchange connectivity, collateral management and custodial services as BCP integrates Numeus's Bitcoin derivatives and yield-generation capabilities into its institutional platform.