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
-
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 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.
-
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.
-
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.
-
Arthur J. Gallagher / Gallagher Re Acquires Bay Risk Services Limited
March 6, 2023
Insurance
Arthur J. Gallagher & Co., through its reinsurance division Gallagher Re, has acquired the business and assets of UK-based Lloyd’s broker Bay Risk Services Limited, a member of the Optio Group. Bay Risk, founded in 2016 and specializing in structuring and placing delegated underwriting authority (binder) business for program managers, MGAs and Lloyd’s coverholders, will join Gallagher Re’s global programs practice; the existing Bay Risk leadership team will remain in place. Terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.