Bain Capital Insurance Backs Creation of The Mutual Group; GuideOne Becomes Inaugural Member

Bain Capital Insurance Invests in 1970 Group

July 29, 2024

Insurance

1970 Group, a specialist provider of insurance collateral funding and risk-financing solutions, received a growth capital investment from Bain Capital Insurance to support expansion of its liquidity management offerings. Financial terms were not disclosed; the investment is intended to help 1970 Group scale its insurance collateral model across the United States and Canada.

Bain Capital Private Equity Acquires Guidehouse from Veritas Capital

December 14, 2023

Consulting

Bain Capital Private Equity completed the acquisition of Guidehouse from Veritas Capital for $5.3 billion. Guidehouse, a McLean, Virginia–headquartered consulting and managed services firm with more than 17,000 professionals, will continue to be led by CEO Scott McIntyre as it pursues further organic and inorganic growth under Bain.

Hub International Acquires Assets of Guide Insurance Services, Inc. (WA)

October 5, 2022

Insurance

Hub International Limited acquired the assets of Guide Insurance Services, Inc., a small insurance agency with offices in Lynden, Colville and Republic, Washington. The owners Joel Kok and Brett Kok and the Guide team will join Hub Northwest; terms were not disclosed.

Mutual Capital Group / Mutual Capital Holdings Acquires ICC Holdings, Inc. for $73.8M

March 13, 2025

Insurance

Mutual Capital Holdings, a subsidiary of Mutual Capital Group, has closed its all-cash merger to acquire ICC Holdings, Inc., the parent of Illinois Casualty Company, for approximately $73.8 million. ICC Holdings will operate as an independent subsidiary under Mutual Capital, with Arron K. Sutherland remaining as President and CEO.

Bain Capital Insurance Invests in Emerald Bay Risk Solutions

March 28, 2024

Insurance

Emerald Bay Risk Solutions, a Morristown-based collaborative underwriting carrier focused on program and Excess & Surplus (E&S) markets, launched with a strategic investment from Bain Capital Insurance. The investment will provide financial backing and support as Emerald Bay executes its proprietary, data-driven underwriting platform and partners with MGAs and reinsurance capacity providers.

Nordic Capital and Great Hill Partners Invest in One Inc

March 14, 2024

Payments & Fintech

Nordic Capital has joined Great Hill Partners as a strategic investor in One Inc, a U.S.-based digital payments platform focused on modernizing insurance payments. The growth equity investment (with significant continuing investment from One Inc's management) will fund product innovation and further scale the Company's payments network and customer expansion.