M&A Deal Summary

Specialty Program Group Acquires Catapult Insurance

On November 2, 2022, Specialty Program Group acquired insurance company Catapult Insurance

Acquisition Highlights
  • This is Specialty Program Group’s 13th transaction in the Insurance sector.
  • This is Specialty Program Group’s 13th transaction in the United States.
  • This is Specialty Program Group’s 2nd transaction in Texas.

M&A Deal Summary

Date 2022-11-02
Target Catapult Insurance
Sector Insurance
Buyer(s) Specialty Program Group
Deal Type Add-on Acquisition

Target

Catapult Insurance

Carrollton, Texas, United States
Catapult Insurance is a managing general insurance agency and wholesale brokerage for niche industries and hard-to-place risks, based in Carrollton, Texas.

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Buyer(S) 1

Buyer

Specialty Program Group

Summit, New Jersey, United States

Category Company
Sector Insurance
DESCRIPTION

Specialty Program Group is a provider of underwriting and specialty businesses.


DEAL STATS #
Overall 13 of 20
Sector: Insurance M&A 13 of 20
Type: Add-on Acquisition M&A Deals 12 of 19
State: Texas M&A 2 of 3
Country: United States M&A 13 of 20
Year: 2022 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 ESP Specialty

Worcester, Massachusetts, United States

ESP Specialty is an insurance broker and program administrator, exclusively developing and managing insurance product lines for A+ rated carriers. ESP Specialty is headquartered in Worcester, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-04 Squaremouth

St. Petersburg, Florida, United States

Squaremouth is a travel insurance digital marketplace offering comprehensive, transparent, and competitive coverage to travelers for 20 years through its digital platform. With the largest portfolio of travel insurance carriers and products in the U.S., it has insured over 3 million clients. Squaremouth is based in St. Petersburg, Florida.

Buy -