Specialty Program Group Acquires Avant, LLC
July 7, 2020
Specialty Program Group LLC (SPG) has acquired Avant, LLC, a Tennessee-based transportation program administrator and wholesale brokerage with specialty cannabis and supermarket program divisions. Avant’s leadership will remain in place, with CEO Scott Hendricks assuming leadership of transportation within SPG; terms were not disclosed.
- Buyers
- Specialty Program Group LLC
- Targets
- Avant, LLC
- Industry
- Insurance
- Location
- Tennessee, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Specialty Program Group Acquires the Assets of ESP Insurance Brokerage
July 11, 2022
Insurance
Specialty Program Group LLC (SPG), a holding company for specialty insurance brokerages and underwriting facilities, acquired the assets of ESP Insurance Brokerage LLC, a Worcester-based program administrator focused on sports, events and entertainment insurance. The deal adds niche products, in-house underwriting/binding authority and technology capabilities to SPG's portfolio and is intended to scale ESP's product offerings and service team as part of SPG's specialty insurance platform.
-
Specialty Program Group Acquires ANOVA Marine Insurance Services
July 31, 2025
Insurance
Specialty Program Group LLC (SPG) has acquired ANOVA Marine Insurance Services, LLC, a South Florida–based managing general agency specializing in cargo, transportation and logistics insurance. ANOVA will continue to operate under its founder Bradford Boyd and will leverage SPG’s distribution, carrier relationships and technology to scale its marine and logistics insurance capabilities.
-
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.
-
Specialty Program Group (SPG) Acquires the Assets of CM&F Group, Inc.
October 4, 2021
Insurance
Specialty Program Group LLC (SPG), a Summit, New Jersey–based holding company for specialty insurance brokerages and underwriting facilities, has acquired the assets of CM&F Group, a digital provider of healthcare professional liability insurance. The deal is intended to expand SPG's digital insurance capabilities and distribution in specialty healthcare markets while providing CM&F with operational support and access to additional markets.
-
Specialty Program Group Acquires Logistiq Insurance Solutions
February 18, 2026
Insurance
Specialty Program Group LLC (SPG) acquired Logistiq Insurance Solutions and is integrating it with Anova Marine Insurance to create a unified Cargo & Logistics insurance platform under SPG Transportation. The deal expands SPG’s marine, domestic transportation, and risk-intelligence capabilities, combining automated underwriting, cargo theft/supply-chain security expertise, and broader distribution to serve freight forwarders, 3PLs, and motor carriers.
-
Specialty Program Group Acquires Assets of Beacon Hill Associates (including PartnerOne)
July 8, 2020
Insurance
Specialty Program Group LLC (SPG), a Summit, New Jersey–based operator of specialty insurance brokerages and underwriting facilities, acquired the assets of Virginia-based Beacon Hill Associates, Inc., including its PartnerOne (P1) environmental underwriting division. The acquisition — terms undisclosed — will allow SPG to launch and expand an environmental insurance platform while current Beacon Hill leadership will continue to run operations within SPG's wholesale division.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.