Generali Acquires Conning Holdings Limited

Simplicity Group Acquires Concourse Financial Group Agency from Protective Life

October 8, 2024

Financial Services

Simplicity Group Holdings, Inc. has acquired Concourse Financial Group Agency (CFGA), a brokerage general agency formerly First Protective, from Protective Life Corporation. CFGA will be merged into Simplicity and remain led by key managers and sales professionals while gaining access to Simplicity's sales, marketing and employee-ownership programs; financial terms were not disclosed.

Cinven to Acquire International Financial Group Limited (IFGL)

February 1, 2022

Financial Services

Cinven, the international private equity firm, has reached an agreement to acquire International Financial Group Limited (IFGL), a life insurer headquartered in the Isle of Man that administers £19 billion of assets and employs more than 550 people. IFGL operates the RL360, Ardan International and Friends Provident International brands; financial terms were not disclosed and Cinven said it plans to support IFGL's buy-and-build strategy, product expansion and international growth.

IK Partners Acquires CONET from H.I.G. Capital

October 26, 2021

IT Services

IK Partners' IK IX Fund has signed a definitive agreement to acquire a majority stake in CONET from H.I.G. Capital, with CONET's management investing alongside IK. CONET is a German IT consulting, systems-integration and software development firm focused on public-sector and enterprise digital transformation, employing over 1,100 people across Germany, Austria and Croatia; the deal is subject to antitrust clearance.

AmTrust Financial Services Acquires Contractor Managing General Insurance Agency (CMGIA)

November 4, 2022

Insurance

AmTrust Financial Services has acquired Contractor Managing General Insurance Agency, Inc. (CMGIA), a California-based managing general agent that provides surety bonds to small- and mid-size contractors nationwide. The acquisition establishes an immediate presence for AmTrust in the contractor surety market and brings CMGIA's underwriting talent and agent network into AmTrust's surety business.

Galway Holdings Invests in MAI Capital Management

August 16, 2021

Wealth Management

Galway Holdings announced an investment in MAI Capital Management, adding a wealth and financial management vertical to Galway’s platform and enabling MAI to accelerate organic growth and M&A. MAI’s executive team will remain in place, Wealth Partners Capital Group will retain an equity stake, and Galway — backed by private equity investors including Carlyle, Oak Hill and Harvest — will integrate MAI’s services with its EPIC insurance distribution capabilities.

Bishop Street Underwriters Acquires Conifer Insurance Services

September 5, 2024

Financial Services

Bishop Street Underwriters, a RedBird Capital portfolio insurance platform, has acquired Conifer Insurance Services, a specialty commercial managing general agent (MGA), from Conifer Holdings, Inc. The acquisition expands Bishop Street's capabilities into commercial lines (SME, hospitality and auto dealers) and is intended to drive geographic expansion, new product development and add-on synergies for the platform.