Randall & Quilter Acquires Bermuda-based Sandell Re

Aquarian Holdings Acquires Controlling Interest in Somerset Reinsurance Ltd.

January 10, 2023

Insurance

Aquarian Holdings has closed the acquisition of a controlling interest in Bermuda-domiciled Somerset Reinsurance Ltd., a reinsurer focused on the U.S. life insurance and annuity market. Aquarian will provide substantial immediate and committed capital and, through Aquarian Investments, serve as asset manager to support Somerset Re's growth while existing investors Hannover Re and Weiss Family Interests retain ownership stakes and remain involved.

Zanders Acquires RiskQuest

April 1, 2024

Consulting

Zanders, backed by private equity investor MML Capital Partners, has acquired RiskQuest, a Dutch risk consultancy. The acquisition adds RiskQuest's team and software suite to Zanders, further expanding its European capabilities in credit risk, ESG and financial economic crime and growing the group's global headcount to around 450 across 11 offices.

Arch Reinsurance Acquires Somerset Bridge Group and Southern Rock Holdings

June 23, 2021

Insurance

Arch Reinsurance Ltd., a subsidiary of Arch Capital Group Ltd., announced a planned acquisition of Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates (collectively “Somerset”), subject to regulatory approval. The deal brings Somerset's motor managing general agent, distribution capabilities, affiliated insurer and integrated claims operation into Arch Re’s platform to deepen its UK motor and distribution capabilities.

Arthur J. Gallagher / Gallagher Re Acquires Bay Risk Services Limited

March 6, 2023

Insurance

Arthur J. Gallagher & Co., through its reinsurance division Gallagher Re, has acquired the business and assets of UK-based Lloyd’s broker Bay Risk Services Limited, a member of the Optio Group. Bay Risk, founded in 2016 and specializing in structuring and placing delegated underwriting authority (binder) business for program managers, MGAs and Lloyd’s coverholders, will join Gallagher Re’s global programs practice; the existing Bay Risk leadership team will remain in place. Terms were not disclosed.

Saothair Capital Partners Acquires Arandell Corporation

December 8, 2020

Manufacturing

Saothair Capital Partners, in partnership with Ocean Avenue Capital Partners (and with involvement from lender Farragut Capital Partners), acquired the business and assets of Arandell Corporation through a newly formed affiliate via a Section 363 sale out of Chapter 11. Arandell, a Menomonee Falls, Wisconsin-based catalog and brochure printer with ~530 employees, will continue under existing management with Saothair providing capital to restructure the balance sheet and invest in future growth.

Acrisure Acquires Beach & Associates

January 10, 2018

Insurance

Acrisure LLC has agreed to acquire 100% of Beach & Associates from existing shareholders, including Aquiline Capital Partners and current and former Beach management, subject to regulatory approvals. Beach will retain its name and management team, which will become shareholders in Acrisure, and the deal marks Acrisure's first acquisition outside North America as it expands its reinsurance and international capabilities.