1. Home >
  2. M&A >
  3. Growth Capital >
  4. United States >
  5. New Jersey >
  6. Virgo Investment Group Invests In Transverse Insurance Group

Investment Summary

Virgo Investment Group Invests In Transverse Insurance Group

On July 1, 2019, private equity firm Virgo Investment Group invested in insurance company Transverse Insurance Group

Investment Highlights
  • This is Virgo Investment Group’s 1st transaction in the Insurance sector.
  • This is Virgo Investment Group’s 10th transaction in the United States.
  • This is Virgo Investment Group’s 2nd transaction in New Jersey.
Investment Fate
  • Transverse Insurance Group was sold to a strategic buyer in 2022.

Investment Summary
Date 2019-07-01
Target Transverse Insurance Group
Sector Insurance
Investor(s) Virgo Investment Group
Deal Type Growth Capital

Target

Transverse Insurance Group

Warren, New Jersey, United States
Transverse Insurance Group serves as a P&C program carrier, partnering with reinsurers and program administrators to provide a broad range of property and casualty products for commercial and personal lines. Transverse Insurance Group was founded in 2018 and is based in Warren, New Jersey.

Search 205,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Virgo Investment Group

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Virgo Investment Group is an opportunistic alternative investment firm focused on investing in and providing credit to middle-market companies. The Firm was formed in 2009 and is based in Redwood Shores, California.

DEAL STATS #
Overall 11 of 13
Sector (Insurance) 1 of 1
Type (Growth Capital) 9 of 11
State (New Jersey) 2 of 2
Country (United States) 10 of 11
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-19 Bitcentral

Newport Beach, California, United States

Bitcentral is an innovator of news content production, automation, distribution, aggregation, and hassle-free video publishing solutions. Bitcentral has demonstrated a unique ability to develop and deploy revolutionary technologies for leading broadcasters. Bitcentral was formed in 2000 and is based in Newport Beach, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Nautilus Solar Energy

Summit, New Jersey, United States

Nautilus Solar Energy LLC is a national solar acquisition, development, and asset management company. Nautilus focuses on acquiring, developing, executing and managing distributed and utility-scaled generation solar projects. Nautilus Solar Energy LLC was formed in 2006 and is based in Summit, New Jersey.

Sell -
Mergr

Product

Company

Legal