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
Sprechen Sie mit dem Deal Team
Daniel Edelman
Oaklins Heritage
Alex Kellison
Oaklins Heritage
Doug Kravet
Oaklins Heritage
Howard Serkin
Oaklins Heritage
Don Wiggins
Oaklins Heritage
Transaktionen
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.
Mehr erfahrenHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Mehr erfahrenGP-Connect has joined forces with Transformation Capital to accelerate growth
Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.
Mehr erfahren