Bregal Sagemount’s Investment in Align General and Catalytic Merger

Goodwin advised advised Bregal Sagemount on the deal

Align General Insurance Agency and Catalytic Risk Managers are coming together under a single ownership structure and are receiving a strategic investment from Bregal Sagemount intended to support their continued expansion.

Align General is a leading specialty property and casualty insurance program manager and Catalytic is the largest independent property catastrophe underwriting manager in the U.S. marketplace. Both Align General and Catalytic – which was formed by Align General in 2013 – have consistently grown at industry leading rates since inception. The investment from Bregal Sagemount will be used to support the companies’ continued growth through expansion of existing programs, new line launches, and strategic acquisitions.

Bregal Sagemount is a growth-focused private capital firm with $1.7 billion in committed capital. Founded in 2012, the firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations.

The Goodwin team was led by partner Jared Spitalnick (Picture) and included partners Eric Willenbacher, James Mattus and Christopher Stamos; counsel Christina Bouchot and Jackie Klosek; and associates Aaron Klein, Mike Barkoff, Todd Pollock, Seth Burns, Morgan Frisoli and Eric DiIulio.

Involved fees earner: Jared Spitalnick – Goodwin Procter; Aaron Klein – Goodwin Procter; Eric Willenbacher – Goodwin Procter; Todd Pollock – Goodwin Procter; James Mattus – Goodwin Procter; Christina Queiros Bouchot – Goodwin Procter; Seth Burns – Goodwin Procter; Morgan Frisoli – Goodwin Procter; Christopher Stamos – Goodwin Procter; Jacqueline Klosek – Goodwin Procter; Eric DiIulio – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: Bregal Sagemount;

Author: Ambrogio Visconti