Hippo Acquires Spinnaker Insurance Company

SOCOTEC Acquires Spinnaker Group

April 18, 2023

Engineering Services

SOCOTEC Consulting, Inc. (SOCOTEC USA), a provider of testing, inspection, certification and building consultancy services, has completed the acquisition of Spinnaker Group, a South Florida–based energy efficiency and sustainability consulting firm. The deal expands SOCOTEC's energy & sustainability capabilities and establishes a stronger presence in the South Florida market for commissioning, energy modeling, LEED and O&M consulting services.

Publicis Sapient Acquires Spinnaker SCA

March 12, 2024

Consulting

Publicis Sapient, the digital business transformation unit of Publicis Groupe, has acquired Spinnaker SCA, a Boulder, Colorado–based supply chain strategy, planning and execution consulting firm. The acquisition strengthens Publicis Sapient's digital supply chain capabilities — including supply chain design, planning, analytics and AI/ML — and will form the foundation of a new digital supply chain practice; terms were not disclosed.

Everspan Group (Ambac) Acquires Three 21st Century Admitted Insurance Carriers

January 3, 2022

Insurance

Everspan Group, a specialty property & casualty platform owned by Ambac Financial Group, completed the acquisitions of 21st Century Indemnity Insurance Company, 21st Century Pacific Insurance Company and 21st Century Auto Insurance Company of New Jersey. The deals expand Everspan's admitted carrier base and distribution capabilities for its program partners; legacy liabilities of the three carriers remain with the seller (described as a national insurance group).

Specialty Program Group Acquires the Assets of Catapult Insurance Solutions

November 2, 2022

Insurance

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.

The Baldwin Group (via Westwood) Acquires Hippo’s Homebuilder Distribution Network

July 1, 2025

Insurance

The Baldwin Group’s indirect subsidiary, Westwood Insurance Agency, completed the acquisition of the homebuilder distribution network previously owned and operated by Hippo Holdings, Inc. The transaction was reported by industry outlets at roughly $100 million and is intended to expand Baldwin/Westwood’s builder-distribution capabilities and commercial relationships with Hippo.

Specialty Program Group Acquires Global Marine Insurance Agency

December 8, 2016

Insurance

Specialty Program Group (SPG), a holding company for specialty insurance brokers and underwriting facilities, has acquired the assets of Traverse City-based Global Marine Insurance Agency. Global Marine, a national brokerage focused on boats, yachts, marinas and commercial marine vessels, will join SPG’s specialty insurance platform; terms were not disclosed.