Capitolis Acquires Capitalab from BGC Group for $46 Million

Ambac Financial Group Acquires 60% Stake in Beat Capital Partners for $282M

June 6, 2024

Insurance

Ambac Financial Group has agreed to acquire a 60% controlling interest in London-based Beat Capital Partners for approximately $282 million, with up to $40 million payable in Ambac stock and the remainder in cash. Bain Capital and Beat's management will each retain about 20% ownership; the deal strengthens Ambac's specialty property & casualty underwriting and MGA incubation capabilities and is expected to close in Q3 2024 subject to regulatory approvals.

LTC Global Acquires Capitas Financial Midwest

November 18, 2024

Insurance

LTC Global, Inc. has acquired Capitas Financial Midwest (Capitas Financial of Illinois, LLC and Capitas Midwest, LLC), a member agency with offices in Lisle, Illinois and Milwaukee, Wisconsin. The Capitas Financial Midwest business will continue to be managed by founding member George R. Gore, Jr., and will join LTC Global's group of agency subsidiaries to expand its distribution footprint across the Northern Midwest and Mountain regions.

BRP Group Acquires The Capital Group

August 2, 2021

Financial Services

BRP Group, Inc. (NASDAQ: BRP) has acquired substantially all assets of TCG Financial Holding Company, LLC, which operates as The Capital Group, a Bethesda-based provider of employee benefits consulting, retirement plan consulting, wealth advisory and commercial insurance brokerage services. The transaction adds over 50 colleagues and deepens BRP Group's capabilities in employee benefits, wealth advisory and retirement consulting while increasing scale in the D.C. Metro region and key end markets such as government contracting, technology and non-profits.

BharCap Partners Invests in GCG Advisory Partners

September 10, 2025

Financial Services

BharCap Partners made a strategic recapitalization investment in GCG Advisory Partners, the parent of GCG Wealth Management, with GCG management rolling over significant equity. The transaction provides capital to accelerate GCG's M&A-driven acquisition strategy and Monetize & Scale platform; prior investor LNC Partners exited its investment.

BGC Group Acquires OTC Global Holdings for $325M

April 1, 2025

Financial Services

BGC Group, Inc. completed the acquisition of OTC Global Holdings, LP for $325 million in a substantially all-cash transaction, acquiring 100% of OTC's equity. The deal brings OTC's highly complementary energy and commodities brokerage capabilities into BGC's platform — OTC generated over $400 million in 2024 — and is intended to expand BGC's product suite and market leadership in energy, commodities, and shipping.

CVC Capital Partners Acquires Majority Stake in BIP from Apax Partners

June 1, 2021

Consulting

CVC Capital Partners has agreed to acquire Apax Partners' majority stake in BIP (Business Integration Partners). The BIP founders and existing equity partners will retain significant stakes and continue to manage the group as CVC supports the firm's next phase of international growth and capability expansion.