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Specialty Program Group Acquires the Assets of Buttine Underwriters Agency, Strengthening Its Sports and Entertainment Vertical

PRIVATEFeb 06, 2024

Acquiring Company

Specialty Program Group

Acquired Company

Buttine Underwriters Agency

United StatesNew HampshireInsuranceInsurance

Description

Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerage, underwriting and consulting facilities, has announced the acquisition of the assets of Buttine Underwriters Agency LLC (BUA), a premier provider of Event Cancellation and Prize & Promotion Insurance solutions. This acquisition signifies SPG's continued investment in the highly attractive sports and entertainment industry segment, underscoring its commitment to growth and diversification in specialty insurance services.

Quick answer

Specialty Program Group is acquiring Buttine Underwriters Agency, announced February 6, 2024. Specialty Program Group is based in United States.

How much did Specialty Program Group pay for Buttine Underwriters Agency?
The deal value was not disclosed.
What does Specialty Program Group do?
Headquartered in Summit, NJ, Specialty Program Group is a fully licensed holding company established to acquire and scale best-in-class insurance underwriting facilities and specialty businesses throughout North America.
Where are Specialty Program Group and Buttine Underwriters Agency based?
Specialty Program Group is based in United States. Buttine Underwriters Agency is based in New Hampshire, United States.
Who are the decision-makers at Specialty Program Group?
Fundz holds 2 contacts at Specialty Program Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Specialty Program Group

Location

United States

About

Headquartered in Summit, NJ, Specialty Program Group is a fully licensed holding company established to acquire and scale best-in-class insurance underwriting facilities and specialty businesses throughout North America. SPG has 17 portfolio companies and is over 1.8 billion in premium. For more information, please visit www.specialtyprogramgroup.com.

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Frequently asked

Who acquired Buttine Underwriters Agency?

Buttine Underwriters Agency was acquired by Specialty Program Group, based in United States. The deal was reported on February 6, 2024. Specialty Program Group is privately held and operates in Insurance.

When did Specialty Program Group acquire Buttine Underwriters Agency?

Specialty Program Group's acquisition of Buttine Underwriters Agency was reported on February 6, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Buttine Underwriters Agency do?

Founded in 2003, Buttine Underwriters Agency LLC (BUA) is a New Hampshire-based Managing General Agency recognized for its specialization in the insurance industry. It is privately held, operating in Insurance, and is based in New Hampshire.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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