GTCR and Synova Invest in JMG Group

GTCR Acquires Global Claims Services

August 26, 2021

Insurance

Chicago-based private equity firm GTCR has closed its acquisition of Global Claims Services (GCS), a Jacksonville, Florida–headquartered InsurTech that provides mobile-first building component evaluation and claims decision-support tools to P&C carriers. GTCR will partner with GCS management and commit incremental equity to support organic growth and M&A activity as it scales GCS’s technology-enabled, data-driven solutions.

Synova Invests Growth Capital into 3173 Limited

June 1, 2022

Financial Services

Growth investor Synova has made a growth capital investment into 3173 Limited, a Belfast-based provider of pensions administration software (Mantle), trusteeship and actuarial services. The funding will support scaling of the Mantle SaaS platform, expansion of core services into new geographies and service lines, and selective strategic acquisitions; the deal is subject to FCA approval.

Synova Makes Growth Investment in National Education Group

October 1, 2021

Education

Growth investor Synova has made a significant minority (growth-capital) investment in National Education Group (NEG), a UK-based provider of online CPD training delivered via a proprietary learning management system. The capital will support further investment in NEG’s software platform and digital content library to accelerate product development, content creation and international growth.

GTCR Acquires Majority Stake in Winged Keel Group

January 13, 2025

Wealth Management

GTCR, a leading private equity firm, announced a strategic investment to become the majority stakeholder in Winged Keel Group, an independent life insurance brokerage serving high- and ultra-high-net-worth clients, family offices and institutions. The capital will support Winged Keel's continued geographic expansion, technology and product development, and pursuit of growth initiatives including potential add-on acquisitions.

GCM Grosvenor (with Bluejay Capital) Acquires Mobil Grain Ltd. from AGT Food and Ingredients

November 26, 2024

Transportation

GCM Grosvenor, with co-investor Bluejay Capital Partners, has agreed to acquire Mobil Grain Ltd. and its operating subsidiaries from AGT Food and Ingredients Inc. The sale includes short-line rail operations, a port terminal in Thunder Bay and intermodal assets in Regina; financial terms were not disclosed and the transaction is expected to close in late 2024 or early 2025 subject to regulatory approvals.

BRP Group Acquires Jacobson, Goldfarb & Scott (JGS)

September 13, 2021

Insurance

BRP Group, Inc. (NASDAQ: BRP) has entered into an agreement to acquire substantially all of the assets of Jacobson, Goldfarb & Scott, Inc. (JGS), a Holmdel, New Jersey-based specialty insurance broker and MGA. The transaction adds approximately $43.3 million of revenue and ~130 colleagues to BRP Group and expands its specialty and middle-market commercial insurance capabilities, particularly in habitational real estate, construction and manufacturing & distribution.