Coastal Insurance Underwriters has been acquired by Constellation Affiliated Partners
December 2020 — The shareholders of Coastal Insurance Underwriters have sold the firm to Constellation Affiliated Partners.
Coastal Insurance Underwriters provides insurance products for a variety of community associations, including condominiums, homeowners and golf and country clubs. Headquartered in Ponte Vedra Beach, Florida, it is one of the largest MGUs to focus on this sector with over 8,000 community associations currently insured. The firm distributes its products online and aims to provide highly specialized and financially sound insurance products through automated and user-friendly solutions.
Constellation, backed by RedBird Capital Partners, is a New York-based insurance consolidator. The firm is active in acquiring MGUs, program administrators and wholesalers in the USA and Canada. Constellation largely seeks partnerships with companies that have demonstrated superior underwriting principles and have earned a solid industry reputation.
Our role in the transaction
Oaklins’ team in Jacksonville acted as the lead advisor to the seller and the management of Coastal Insurance Underwriters in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing.
Charles Bushong
Owner and CEO, Coastal Insurance Underwriters
Contacter l'équipe de la transaction
Daniel Edelman
Oaklins Heritage
Alex Kellison
Oaklins Heritage
Doug Kravet
Oaklins Heritage
Howard Serkin
Oaklins Heritage
Don Wiggins
Oaklins Heritage
Transactions connexes
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
En apprendre plusLife & Mobility has attracted investor Bolster Investment Partners
Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.
En apprendre plusDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
En apprendre plus