Coastal Insurance Underwriters has been acquired by Constellation Affiliated Partners
The shareholders of Coastal Insurance Underwriters have sold the firm to Constellation Affiliated Partners.
Coastal Insurance Underwriters provides insurance products for a variety of community associations, including condominiums, homeowners and golf and country clubs. Headquartered in Ponte Vedra Beach, Florida, it is one of the largest MGUs to focus on this sector with over 8,000 community associations currently insured. The firm distributes its products online and aims to provide highly specialized and financially sound insurance products through automated and user-friendly solutions.
Constellation, backed by RedBird Capital Partners, is a New York-based insurance consolidator. The firm is active in acquiring MGUs, program administrators and wholesalers in the USA and Canada. Constellation largely seeks partnerships with companies that have demonstrated superior underwriting principles and have earned a solid industry reputation.
Oaklins’ team in Jacksonville acted as the lead advisor to the seller and the management of Coastal Insurance Underwriters in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing.



Charles Bushong
Owner and CEO, Coastal Insurance Underwriters
Talk to the deal team
Related deals
HC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen
Dutch private equity firm HC Partners has formed a strategic partnership with West Friesland Dakbedekkingen B.V. (WFD). This marks HC Partners’ entry into the roofing sector, with plans to build a national platform of regional roofing specialists.
Learn moreMicro Nav and Global ATS have been acquired by Indra Sistemas S.A.
Indra Sistemas S.A. strengthens its leadership in global air traffic management (ATM) with the acquisition of 100% of the share capital of Micro Nav and Global ATS from UK-based Quadrant Group. This acquisition enhances Indra’s industry-leading capabilities, solidifying its position as a global player in the air traffic control and management market.
Learn moreCanada’s Best Store Fixtures has been acquired by LSI Industries
The acquisition of Canada’s Best Store Fixtures has been successfully completed by LSI Industries to expand its capabilities, geographic reach and market presence, particularly in Canada. CBSF’s expertise and customer relationships complement LSI’s portfolio, creating opportunities for cross-selling and supporting growth in the grocery, quick service restaurant (QSR) and specialty retail sectors.
Learn more