Oak Hill Capital and The Carlyle Group Form Galway Insurance Holdings; EPIC and JenCap Contributed; JenCap Acquires Quaker Special Risk

Harvest Partners Acquires Majority Interest in Galway Holdings

December 2, 2020

Insurance

Harvest Partners has signed a definitive agreement to acquire a majority interest in Galway Holdings, the holding company for EPIC Brokers & Consultants and JenCap Holdings. Existing investors Oak Hill Capital and The Carlyle Group will reinvest alongside management and employee shareholders in a recapitalization intended to provide capital to support Galway's continued growth across its insurance distribution platforms; terms were not disclosed.

Galway Holdings Invests in MAI Capital Management

August 16, 2021

Wealth Management

Galway Holdings announced an investment in MAI Capital Management, adding a wealth and financial management vertical to Galway’s platform and enabling MAI to accelerate organic growth and M&A. MAI’s executive team will remain in place, Wealth Partners Capital Group will retain an equity stake, and Galway — backed by private equity investors including Carlyle, Oak Hill and Harvest — will integrate MAI’s services with its EPIC insurance distribution capabilities.

JenCap Holdings Acquires Risk Innovations LLC

December 3, 2018

Insurance

JenCap Holdings LLC has agreed to acquire Risk Innovations LLC, a specialty wholesale insurance broker focused on workers' compensation based in Atlanta, Georgia. The acquisition adds to JenCap's specialty insurance distribution platform (formed with backing from The Carlyle Group) and is intended to expand Risk Innovations' programs, markets and capabilities nationwide; financial terms were not disclosed.

EPIC Insurance Brokers & Consultants Acquires Chartwell Insurance Services

February 10, 2025

Insurance

EPIC Insurance Brokers & Consultants has acquired Chartwell Insurance Services, a Chicago-based boutique specializing in private client personal property and liability solutions for high-net-worth individuals. The deal strengthens EPIC’s private client practice and expands its presence in Chicago and the broader Midwest, giving Chartwell access to EPIC’s national resources.

Hilb Group Acquires New Jersey Property and Casualty Firm

November 1, 2025

Insurance

Hilb Group announced the acquisition of a New Jersey-based property and casualty business, effective November 1, 2025, to expand its footprint in the Tri‑State region. Hilb Group is a portfolio company of The Carlyle Group and continues to grow through strategic add-on acquisitions.

Oak Hill Capital Acquires Equity Stake in Mercer Advisors (Recapitalization)

September 17, 2019

Financial Services

Oak Hill Capital has acquired an equity stake in Mercer Advisors as part of a recapitalization in which current private equity owners Genstar Capital and Lovell Minnick Partners sold part of their holdings. Genstar will remain as an investor and partner; the transaction provides Mercer Advisors with additional capital to support service expansion, organic growth and strategic acquisitions.