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Newpoint Financial Group SARL. | December 21, 2021
Novea, Inc., ("Novea") a financial technology (fintech) software company founded in 2015, announced today that it has closed $50 million in equity and $5 million debt financing. The equity proceeds will go towards wholly-owned subsidiaries of Novea, Jacana Warranty and Jacana Insurance, to support a proprietary user application platform it developed which is revolutionizing the consumer warranty and service contracts industry. The debt proceeds will support general corporate over...
Agency Revolution and Forge3 | August 22, 2022
Agency Revolution, the leading provider of digital marketing solutions for the insurance industry, today announced its acquisition of Forge3, the highest-rated, fastest-growing insurance agency website platform. "Forge3 has a tremendous reputation in the industry with a 9.9 out of 10 post-launch client rating and five stars on Google, They've pioneered the use of interactive website designs to provide insurance agencies with the tools to get found, close bus...
Burns & Wilcox | February 28, 2020
Burns & Wilcox has announced that it will expand and renovate its Houston office to support continued growth. The expansion will allow for 20% more personnel in order to support increased demand for specialty insurance. “Burns & Wilcox has operated in Houston for nearly 30 years, expertly managing a catastrophe-prone area with a thriving real estate market,” said Suzette Torres, managing director of Burns & Wilcox Houston. “This investment helps strengthen our exist...
CAC Specialty | March 20, 2020
CAC Specialty has entered into a strategic partnership with funds managed by affiliates of Fortress Investment Group. The strategic relationship allows CAC Specialty to help with the capital needs of its clients with their acquisitions, recapitalizations, growth capital and other financing transactions. Fortress is ready to offer short-term financing for CAC clients experiencing liquidity pressure due to both the direct and indirect impact of the COVID-19 pandemic. “During this challenging...
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