CVC Capital Partners to Acquire Controlling Interest in Bamboo

Ethos Capital, BCI and White Mountains Acquire Ownership Position in BroadStreet Partners (with Ontario Teachers' Co-Control)

April 10, 2025

Insurance

BroadStreet Partners, a North American middle-market insurance brokerage, announced that an investor group led by Ethos Capital, British Columbia Investment Management Corporation (BCI), and White Mountains Insurance Group will acquire an ownership position in BroadStreet. Ontario Teachers’ Pension Plan will maintain a significant co-control stake and operate in partnership with the Ethos-led investor group.

White Mountains Acquires Majority Stake in Bamboo Ide8 Insurance Services

October 20, 2023

Financial Services

White Mountains Insurance Group agreed to acquire approximately a 70% majority stake in Bamboo Ide8 Insurance Services, LLC, investing about $285 million including primary capital to support growth. Bamboo, a tech- and data-enabled MGA serving over 100,000 California homeowners, will remain led by founder John Chu and management, and plans to expand beyond California with White Mountains as a capital partner.

Rubicon Technology Partners Invests in Bamboo Rose

June 21, 2022

Cloud & SaaS

Rubicon Technology Partners has made a strategic growth investment in Bamboo Rose, the Gloucester, Massachusetts-based provider of a unified product lifecycle and supply chain management SaaS platform. The capital is intended to accelerate product innovation and global go-to-market expansion; Bamboo Rose was previously a portfolio company of McCarthy Capital and Harris Williams served as financial advisor on the transaction.

DigitalBridge Investment Management Acquires Controlling Stake in Vertical Bridge

August 10, 2021

Telecommunications

Funds affiliated with DigitalBridge Investment Management have acquired a controlling stake in Vertical Bridge Holdings, LLC, the largest private owner and operator of wireless communications infrastructure in the United States. The investment consolidates ownership to support Vertical Bridge’s continued scaling across more than 308,000 sites (including 8,000+ towers) and to capitalize on growing demand for 5G and other next-generation telecom infrastructure.

White Mountains Acquires Majority Interest in Ark Insurance Holdings

October 1, 2020

Insurance

White Mountains Insurance Group agreed to invest $605 million of equity (at a $300 million pre-money valuation) and purchase $41 million of shares from existing owners to acquire a majority interest in Ark Insurance Holdings, the parent of Ark Syndicate Management Ltd. The capital raise will give White Mountains ~72% ownership at closing (63% fully diluted), with a commitment to contribute up to an additional $200 million in 2021 to substantially expand Ark's Lloyd's capacity, convert its Bermuda reinsurance entity, and hire underwriting talent.

High Road Capital Partners Acquires Cali Bamboo

July 15, 2015

Building Products

High Road Capital Partners acquired Cali Bamboo, a San Diego-based manufacturer and direct-to-consumer retailer of bamboo flooring and sustainable building products, in a transaction that closed July 10, 2015. Monroe Capital provided financing; Cali Bamboo co-founders Jeff Goldberg and Tanner Haigwood invested alongside High Road and will continue to lead the company post-closing. Transaction consideration was not disclosed.