{"id":1353,"date":"2025-12-09T11:00:32","date_gmt":"2025-12-09T12:00:32","guid":{"rendered":"http:\/\/goldanker.club\/?p=1353"},"modified":"2025-12-09T12:17:16","modified_gmt":"2025-12-09T12:17:16","slug":"white-mountains-completes-sale-of-insurance-distribution-platform-bamboo","status":"publish","type":"post","link":"http:\/\/goldanker.club\/index.php\/2025\/12\/09\/white-mountains-completes-sale-of-insurance-distribution-platform-bamboo\/","title":{"rendered":"White Mountains completes sale of insurance distribution platform Bamboo"},"content":{"rendered":"

White Mountains Insurance Group has completed the sale of a controlling interest in Bamboo, a data-enabled insurance distribution platform, to affiliates of funds advised by CVC Capital Partners.<\/p>\n

\"white-mountains-insurance-logo\"The transaction, originally announced in October, assigns Bamboo a valuation of $1.75 billion. At the time, White Mountains said it would continue to hold roughly a 15% fully diluted equity stake in the company, a position it will maintain under the final terms of the deal.<\/p>\n

Manning Rountree, Chief Executive Officer of White Mountains, commented, \u201cIt has been our privilege to partner with Bamboo. Its rapid growth is a testament to the value and innovation it is bringing to the homeowners\u2019 insurance market.\u201d<\/p>\n

John Chu, Chief Executive Officer of Bamboo, thanked the White Mountains team for their \u201cvaluable guidance\u201d and support, stating that the deal is the result of years of dedication and hard work by the entire Bamboo team.<\/p>\n

He continued, \u201cWhile I\u2019m incredibly proud of the growth we\u2019ve achieved while staying true to our client-first values, we\u2019re still in the early innings.<\/p>\n

\n
\"Brit<\/a><\/div>\n<\/div>\n

\u201cWe are thrilled to welcome CVC on as our new majority capital partner alongside White Mountains as we embark on the next phase of Bamboo\u2019s growth journey.\u201d<\/p>\n

Daniel Brand, Partner at CVC, added, \u201cBamboo is a one-of-a-kind asset, deploying differentiated technology, speed and underwriting to serve the insurance needs of homeowners in California and Texas.\u201d<\/p>\n

The post White Mountains completes sale of insurance distribution platform Bamboo<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

White Mountains Insurance Group has completed the sale of a controlling interest in Bamboo, a…<\/p>\n","protected":false},"author":1,"featured_media":1355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15],"tags":[],"_links":{"self":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts\/1353"}],"collection":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/comments?post=1353"}],"version-history":[{"count":3,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts\/1353\/revisions"}],"predecessor-version":[{"id":1357,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/posts\/1353\/revisions\/1357"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/media\/1355"}],"wp:attachment":[{"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/media?parent=1353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/categories?post=1353"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/goldanker.club\/index.php\/wp-json\/wp\/v2\/tags?post=1353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}