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Mystic Capital Advises Appalachian Underwriters, Inc – the 3rd Largest National Independent MGA, on its sale to Acrisure  

  Overview of Transaction Headquartered in Tennessee, the Appalachian Underwriters family of companies collectively form one of the largest end-to-end specialty insurance distribution and TPA platforms in the country. The Firm underwrites and sells Workers’ Compensation, Commercial Specialty, Personal Lines, and Transactional Wholesale through custom programs, and underwriting facilities. Distribution is on a national basis…

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Mystic Capital advises Gremesco of New Jersey in its sale to Bridge Specialty Group – a subsidiary of Brown & Brown, inc. (NYSE:BRO)

  Overview of Transaction Founded in 2000, Gremesco of New Jersey (“Gramesco” or “Company”) is a wholesale insurance broker of P&C insurance products and services through retail agents primarily in New Jersey and New York. After assessing a variety of strategies, Gramesco decided to partner with Bridge Specialty Group, a subsidiary of Brown & Brown,…