M&A Deal Summary

Jencap Acquires Foresite Sports

On March 5, 2024, Jencap acquired media company Foresite Sports

Acquisition Highlights
  • This is Jencap’s 1st transaction in the Media sector.
  • This is Jencap’s 14th transaction in the United States.
  • This is Jencap’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-03-05
Target Foresite Sports
Sector Media
Buyer(s) Jencap
Deal Type Add-on Acquisition

Target

Foresite Sports

Ardmore, Pennsylvania, United States
Foresite Sports is a program manager specializing in prize contingency coverage and event insurance. Foresite's product and service offerings span three distinct segments of the golf event planning marketplace: promotional contest coverage, event sponsorship signage, and promotional products. Foresite Sports was founded in 1998 and is based in Ardmore, Pennsylvania.

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Buyer(S) 1

Buyer

Jencap

New York, New York, United States

Category Company
Founded 2016
Sector Insurance
DESCRIPTION

Jencap is a specialty insurance distribution and program management business, including managing general agencies, specialty program underwriters, transactional wholesale brokers, and captive managers. JenCap Holdings has assembled a management team with the sector insight and experience to drive organic growth and strategic acquisition strategies leveraging technology and advanced data analytics. Jencap was founded in 2016 and is based in New York City.


DEAL STATS #
Overall 14 of 14
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 14 of 14
State: Pennsylvania M&A 1 of 1
Country: United States M&A 14 of 14
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 Trivedi Capacity Associates

Mahwah, New Jersey, United States

Trivedi Capacity Associates is a provider of programs focused on commercial risks, particularly in the community association and condominium association markets. Trivedi offers a range of niche-focused coverages to associations that includes umbrella coverage, directors and officers liability, crime, and workers’ compensation. These programs provide expertise and support to a range of independent brokers and agents nationally. Trivedi Capacity Associates was founded in 2007 and is based in Mahwah, New Jersey.

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