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Novatae Risk Group acquires Specialized Program Solutions

PRIVATEOct 01, 2026

Acquiring Company

Novatae Risk Group

Acquired Company

Specialized Program Solutions

DallasPennsylvaniaTransportationInsurance

Description

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.

Company Information

Company

Novatae Risk Group

Location

Dallas, Texas, United States

About

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.

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.

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.