Skyway Capital Markets Advises UCPM, LLC on Minority Growth Investment from Bregal Sagemount Basecamp
31 July 2024 - 8:15PM
Business Wire
Skyway Capital Markets, LLC (“Skyway Capital”) is pleased to
announce that UCPM, LLC (“UCPM”) has received a minority growth
investment from Bregal Sagemount (“Sagemount”), a growth-focused
private equity firm. The Sagemount investment was from its
inaugural $500 million small-cap fund, Bregal Sagemount Basecamp I
(“Basecamp” or the “Fund”). Skyway Capital served as the sole
financial advisor and placement agent to UCPM for this
transaction.
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Skyway Capital Markets, LLC (“Skyway
Capital”) is pleased to announce that UCPM, LLC (“UCPM”) has
received a minority growth investment from Bregal Sagemount
(“Sagemount”), a growth-focused private equity firm. The Sagemount
investment was from its inaugural $500 million small-cap fund,
Bregal Sagemount Basecamp I (“Basecamp” or the “Fund”). Skyway
Capital served as the sole financial advisor and placement agent to
UCPM for this transaction.
Headquartered in Gilbert, Arizona, UCPM is a leading specialty
insurance wholesaler and program manager focused on environmental
insurance that has distinguished itself through its steadfast
commitment to customer service enabled by its commitment to
innovation and market expertise. UCPM’s minority growth investment
from, and partnership with, Sagemount represents the first
investment out of the new Fund and is underpinned by Basecamp’s
enthusiasm for what the UCPM team has built over the past 20 years
and what they believe they will continue to build for their clients
during their next stage of growth.
"We are incredibly excited about our newly formed partnership
with UCPM. Sagemount has a long-track record of investing in
insurance distribution, and UCPM stood out immediately due to its
expertise in the increasingly important and complex environmental
segment of the insurance market," said Blair Greenberg, Partner,
Bregal Sagemount.
"UCPM is highly focused on adding value to our agent partners
and their clients," said UCPM President Tim Clegg. “Our partnership
with Sagemount helps us to accelerate the pace at which we innovate
new products that fit the needs of our customers and the insureds
these agents work so hard to serve."
Jordan Walton, Co-Head of Basecamp, added, “We are honored to
partner with UCPM and could not be more excited about the future of
the company. We believe that UCPM is a market-leader, and we are
looking forward to supporting them in their next stage of
growth.”
Jeff Hunt, Senior Managing Director at Skyway Capital,
commented, “As UCPM’s investment banker, we are thrilled to have
advised on this partnership between UCPM and Sagemount. Basecamp’s
minority growth investment into UCPM represents not only a
validation of hard work and dedication of Tim Clegg and the UCPM
team over the past several decades by bringing bespoke risk
management solutions to the ever-evolving environmental insurance
marketplace, but it also firmly positions UCPM as a market leader
for the foreseeable future.”
About UCPM
UCPM Insurance is one of the largest environmental insurance
wholesalers in the country, offering innovative solutions for
specialized insurance needs. With a history rooted in integrity and
a commitment to technology-driven services, UCPM continues to lead
the way in environmental risk management.
About Bregal Sagemount
Bregal Sagemount is a leading growth-focused private capital
firm with more than $7.5 billion of cumulative capital raised. The
firm provides flexible capital and strategic assistance to
market-leading companies in high-growth sectors across a wide
variety of transaction situations. Bregal Sagemount has invested in
over 70 companies in a variety of sectors, including software,
information / data services, financial technology & financial
services, digital infrastructure, healthcare IT, and business &
consumer services. The firm has offices in New York, Palo Alto, and
Dallas. For more information, visit the Sagemount website:
www.sagemount.com or follow on LinkedIn.
About Skyway Capital
Skyway Capital is an independent middle-market investment bank
specializing in mergers and acquisitions (M&A) and private
capital advisory services. The firm’s M&A capabilities include
mergers; sell-side or company sale processes; buy-side
acquisitions; joint ventures; partnerships and more. In addition to
executing transactions, Skyway Capital will collaborate with
clients to advise on their strategic and financial challenges to
provide innovative capital solutions to help them accomplish their
goals and maximize value. Skyway Capital is headquartered in Tampa,
Florida and is a member of FINRA and SIPC. For more information,
please visit www.skywaycapitalmarkets.com.
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Sam Dhand Marketing Administrator - Skyway Capital Markets (386)
843-1758 sam.dhand@skywaycapitalmarkets.com