Specialty Program Group Acquires the Assets of Euclid Fiduciary
January 10, 2023
Specialty Program Group LLC (SPG) has acquired the assets of Euclid Specialty Managers, LLC, d/b/a Euclid Fiduciary, from Euclid Insurance Services, Inc. The acquisition brings Euclid Fiduciary's fiduciary liability underwriting capabilities onto SPG's specialty insurance platform; MarshBerry served as financial advisor to Euclid Fiduciary.
- Buyers
- Specialty Program Group LLC
- Targets
- Euclid Specialty Managers, LLC (d/b/a Euclid Fiduciary)
- Sellers
- Euclid Insurance Services, Inc.
- Industry
- Insurance
- Location
- United States
- Transaction Type
- Divestiture
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