Emerald Bay Risk Solutions Acquires Mainsail Insurance Company

Bain Capital Insurance Invests in Emerald Bay Risk Solutions

March 28, 2024

Insurance

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.

Mainsail Partners Invests $51M in Red Oak Compliance Solutions

June 29, 2023

Cloud & SaaS

Mainsail Partners made a $51 million growth equity investment in Red Oak Compliance Solutions to accelerate product development, enhance its software suite, and scale customer service. Red Oak is a provider of compliance and advertising review SaaS for financial services and insurance firms, serving over 1,800 firms globally.

Mainsail Partners Invests $28M in Inspect Point

January 13, 2022

Cloud & SaaS

Mainsail Partners, a growth equity firm, made a $28 million minority growth investment in Inspect Point, a Troy, New York-based cloud business management software for the fire inspection industry. The capital will be used to accelerate product development and expand Inspect Point’s customer base and capabilities to help fire inspection companies operate more efficiently.

Mainsail Partners Invests Growth Equity in Centerbase

August 23, 2021

Cloud & SaaS

Mainsail Partners, a growth equity firm, has made a minority growth investment in Centerbase, a Dallas-based provider of cloud-based legal practice management software. The capital will be used to enhance Centerbase's product, expand its management team, and invest in customer success as the company scales its footprint in the mid-market legal sector.

Mainsail Partners Invests $53 Million in JobNimbus

January 13, 2021

Cloud & SaaS

Lehi, Utah-based home services software company JobNimbus received a $53 million growth investment from San Francisco-based growth equity firm Mainsail Partners. The capital will be used to advance JobNimbus' core SaaS platform, expand product and support teams, and accelerate customer growth; Mainsail principals will join JobNimbus' board.

MarineMax Acquires Private Insurance Services

July 8, 2020

Financial Services

MarineMax, Inc. acquired Private Insurance Services, a specialty yacht insurance agency affiliated with Northrop & Johnson, expanding MarineMax's financial services offerings into the yacht insurance segment. The acquisition broadens MarineMax’s capability to provide superyacht and yacht insurance programs to owners, management groups and brokerage partners worldwide and supports the company’s strategy to diversify into higher-margin services.