Bain Capital Insurance Invests in 1970 Group
July 29, 2024
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.
- Buyers
- Bain Capital Insurance
- Targets
- 1970 Group
- Industry
- Insurance
- Location
- Connecticut, United States
- Transaction Type
- Growth capital
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