Bain Capital Insurance Invests in Emerald Bay Risk Solutions
March 28, 2024
Emerald Bay Risk Solutions, a Morristown-based collaborative underwriting carrier focused on program and Excess & Surplus (E&S) markets, launched with a strategic investment from Bain Capital Insurance. The investment will provide financial backing and support as Emerald Bay executes its proprietary, data-driven underwriting platform and partners with MGAs and reinsurance capacity providers.
- Buyers
- Bain Capital Insurance
- Targets
- Emerald Bay Risk Solutions
- Industry
- Insurance
- Location
- New Jersey, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
BharCap Acquires Majority Stake in Electronic Merchant Systems
August 19, 2024
Payments & Fintech
BharCap Partners has made a strategic majority investment in Electronic Merchant Systems (EMS), a Cleveland-based merchant solutions and payments provider. Bain Capital Credit and Group 1001 provided senior debt financing and acted as equity co-investors to support the transaction; terms were not disclosed.
-
Emerald Bay Risk Solutions Acquires Mainsail Insurance Company
August 16, 2024
Insurance
Emerald Bay Risk Solutions, a Bain Capital Insurance-backed specialty carrier, has acquired Mainsail Insurance Company to expand its admitted-market capabilities. Mainsail — a property & casualty insurer offering auto, property and commercial lines — will become a wholly owned subsidiary of Emerald Bay Specialty Insurance Company; financial terms were not disclosed.
-
Bain Capital Insurance Invests in 1970 Group
July 29, 2024
Insurance
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.
-
Bain Capital Insurance Recapitalizes Ryze Claim Solutions
February 12, 2024
Insurance
Ryze Claim Solutions has been recapitalized by Bain Capital Insurance, with Bain Capital Insurance becoming the majority owner while Ryze management and select individuals retain a meaningful equity stake. The transaction (terms undisclosed) provides capital and a committed debt facility from Apogem Capital to support Ryze's continued organic growth and a targeted add-on acquisition program.
-
Risk Strategies Acquires Strategic Benefit Solutions, Inc.
September 26, 2023
Insurance
Risk Strategies, a national specialty insurance brokerage, has acquired Strategic Benefit Solutions, Inc. (SBENS), a Burlington, Massachusetts–based employee benefits insurance agency. The acquisition expands Risk Strategies' national Employee Benefits practice by adding SBENS' plan design and benefits consulting capabilities; terms were not disclosed.
-
Brown & Brown Acquires Certain Assets of BayRisk Insurance Brokers
January 12, 2016
Insurance
Brown & Brown Insurance Services of California, a subsidiary of Brown & Brown, Inc., acquired certain assets of BayRisk Insurance Brokers, Inc., a California-based insurance agency. The asset purchase strengthens Brown & Brown's presence in California and adds BayRisk's specialty property & casualty programs (including mobile food vendor coverage) to Brown & Brown's offerings.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.