Coaction Global raises $200m equity raise for specialty insurance growth

Coaction Global raises $200m equity raise for specialty insurance growth

Coaction Global, a rising player in the specialty insurance sector, has successfully raised approximately $200 million in an equity capital round. This strategic financial move aims to bolster the company’s ongoing transformation into a comprehensive specialty insurance provider. The capital infusion was spearheaded by TowerBrook Capital Partners L.P. and Further Global Capital Management, both of […]

Mars to expand food and nutrition segment with Kevin’s Natural Foods acquisition

Mars to expand food and nutrition segment with Kevin’s Natural Foods acquisition

Confectionery giant Mars, Incorporated, has announced plans to acquire Kevin’s Natural Foods, a high-growth nutritious meal company, for an undisclosed price. The sous-vide meal producer, known for its chef-inspired meals, sides, and sauces, is set to join Mars’ leading brands in the Mars Food & Nutrition segment. With a focus on whole foods and simple […]

TowerBrook Capital and Further Global to acquire ProSight Global for $586m

TowerBrook Capital and Further Global to acquire ProSight Global for $586m

TowerBrook Capital Partners and Further Global Capital Management through their affiliates have signed an all-cash deal worth around $586m to acquire ProSight Global, US-based specialty insurance company. Established in 2009, ProSight Global is based in Morristown, New Jersey. The company is engaged in offering property and casualty insurance solutions. ProSight Global is said to write […]