Acquiring Company
Novatae Risk Group
Acquired Company
Specialized Program Solutions
DallasPennsylvaniaTransportationInsuranceDescription
Novatae Risk Group has successfully acquired the assets of Specialized Program Solutions, enhancing its capabilities in the trucking insurance market. This acquisition will allow SPS to accelerate its vision of transforming trucking insurance underwriting. The transaction aims to strengthen Novatae's transportation and specialty program offerings.
Fundz sees it the moment Novatae Risk Group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Specialized Program Solutions?
Specialized Program Solutions was acquired by Novatae Risk Group, based in Dallas. The deal was reported on October 1, 2026. Novatae is a specialty wholesaler with access to 497 insurers across the world. We are also a Lloyds Cover holder, MGA and Program Manager offering exclusive underwriting solutions for dozens of industry classifications. Novatae Risk Group is privately held.
When did Novatae Risk Group acquire Specialized Program Solutions?
Novatae Risk Group's acquisition of Specialized Program Solutions was reported on October 1, 2026. Novatae Risk Group has successfully acquired the assets of Specialized Program Solutions, enhancing its capabilities in the trucking insurance market. This acquisition will allow SPS to accelerate its vision of transforming trucking insurance underwriting. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Specialized Program Solutions do?
Specialized Program Solutions is a leading Managing General Agency focused on the trucking insurance market. Founded in 2022, it specializes in underwriting, marketing, and program administration for long-haul trucking risks throughout the U.S. It is privately held, operating in Transportation, and is based in Pennsylvania.
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