Novatae Risk Group Acquires Assets of Denali Specialty Group
July 1, 2024
Novatae Risk Group acquired the assets of Denali Specialty Group, LLC of St. Louis, Missouri effective July 1, 2024; terms were not disclosed. Denali is a small specialty insurance intermediary (founded 2019) focused on investor properties, cannabis, excess worker compensation and student housing, and will bring program development and underwriting talent to Novatae. MarshBerry advised Novatae; Giordano, Halleran & Ciesla provided legal counsel to Novatae and McCarthy, Leonard & Kaemmerer provided legal counsel to Denali.
- Buyers
- Novatae Risk Group
- Targets
- Denali Specialty Group, LLC
- Industry
- Insurance
- Location
- Missouri, United States
- Transaction Type
- Buyout
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