Go to deals
Private Equity | Business Support Services | Financial Services

Coastal Insurance Underwriters has been acquired by Constellation Affiliated Partners

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.

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.

Service
M&A sell-side
Parties

Talk to the deal team

 Daniel  Edelman

Daniel Edelman

Principal

Jacksonville, United States
Oaklins Heritage
 Alex  Kellison

Alex Kellison

Principal

Jacksonville, United States
Oaklins Heritage
 Doug  Kravet

Doug Kravet

Principal

Jacksonville, United States
Oaklins Heritage
 Howard C. Serkin

Howard C. Serkin

Principal

Jacksonville, United States
Oaklins Heritage
 Don  Wiggins

Don Wiggins

Principal

Jacksonville, United States
Oaklins Heritage

Related deals

Leadec has acquired Diversified Automation
Private Equity | Industrial Machinery & Components

Leadec has acquired Diversified Automation

Leadec, a portfolio company of Triton, has completed the acquisition of Diversified Automation, Inc.

Learn more
Lacerta Group has been recapitalized by SK Capital
Private Equity | Industrial Machinery & Components | Other Industries

Lacerta Group has been recapitalized by SK Capital

Lacerta Group, Inc. has been recapitalized by SK Capital Partners.

Learn more
Mizrahi Tefahot has issued bonds worth US$125 million
Financial Services

Mizrahi Tefahot has issued bonds worth US$125 million

Mizrahi Tefahot Issuing Company Ltd. has completed a fundraising to refinance and develop the company.

Learn more