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.
