Specialty Program Group Acquires the Assets of Catapult Insurance Solutions

November 2, 2022

Specialty Program Group LLC (SPG), a Summit, New Jersey-based operator of specialty insurance brokerages and underwriting facilities, acquired the assets of Catapult Insurance Solutions, a managing general agency and wholesale brokerage focused on construction and hard-to-place risks. The deal expands SPG's capabilities in the construction segment and adds Catapult's Lloyd's coverholder capacity and niche program infrastructure.

Buyers
Specialty Program Group LLC
Targets
Catapult Insurance Solutions, LLC
Sellers
Catapult Insurance Solutions, LLC
Industry
Insurance
Location
Texas, United States
Transaction Type
Buyout

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