Tag: NASDAQ:CG
Galway Insurance Secures Majority Interest from Harvest Partners with New Equity Investments from Oak Hill Capital and The Carlyle Group
eNewsChannels NEWS: -- Galway Insurance Holdings ("Galway"), the holding company for EPIC Brokers & Consultants ("EPIC") and JenCap Holdings ("JenCap"), which together represent one of the nation's largest insurance distribution firms, announced today that it has signed a definitive agreement with vehicles controlled by Harvest Partners, LP and its affiliates ("Harvest") for a majority interest of Galway.
JenCap Holdings LLC to Acquire Aran Insurance Services Group – Its 9th Acquisition
eNewsChannels NEWS: -- JenCap Holdings (JenCap), a specialty insurance business, announced today that it has agreed to acquire privately-held Aran Insurance Services Group (Aran), a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New York. Founded in 2009, Aran has been led by Tim Kenny and John LaCava who have built one of the leading program administration insurance platforms in the country.
Agency Intermediaries, Inc. acquired by NIF Group, Inc., a JenCap Holdings Company
eNewsChannels NEWS: -- NIF Group, Inc., a leading wholesale broker, program administrator and managing general agency and their parent company, JenCap Holdings LLC announces that they have agreed to acquire privately held Agency Intermediaries, Inc. and A.I.I. Insurance Brokerage of Mass., Inc. (A.I.I.). Both affiliated entities serve as MGA/contract binding authorities and wholesale insurance brokerages, respectively located in Guilford, Connecticut and East Douglas, Massachusetts.
Special Risks Facilities, Inc. acquired by JenCap Holdings LLC
eNewsChannels NEWS: -- JenCap Holdings LLC announced today that it has agreed to acquire privately held Special Risks Facilities, Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan with another office in Peoria, Arizona. Special Risks was formed in 1971 and has been led by Jack Klebba and Randy Kaszeta. Messrs.
The Carlyle Group’s JenCap Holdings Acquires NIF Group
eNewsChannels NEWS: (NEW YORK, N.Y.) -- JenCap Holdings LLC recently announced that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates.
The Carlyle Group (NASDAQ:CG) Acquires Wholesale Trading Co-op Insurance Services
NEWS: (SAN FRANCISCO, Calif.) Wholesale Trading Co-op Insurance Services, a privately-held wholesale insurance specialist serving a group of leading retail insurance brokers, announced today that The Carlyle Group (NASDAQ:CG) has agreed to acquire a majority stake in wholesale insurance broker JenCap Holdings, LLC and the assets of Wholesale Trading Co-Op Insurance Services, which will be re-named Wholesale Trading Insurance Services, LLC.
EPIC Insurance gains investment from The Carlyle Group to fund national expansion
SAN FRANCISCO, Calif. /eNewsChannels/ -- NEWS: Edgewood Partners Insurance Center (EPIC), a leading retail insurance broker headquartered in California, announced today that funds managed by global alternative asset manager The Carlyle Group ( NASDAQ:CG ) have agreed to acquire a controlling equity stake in the company. Carlyle's investment will enable EPIC to continue to execute its organic growth strategy and support strategic acquisitions of complementary insurance distribution platforms throughout the U.S.
