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On May 12, 2025, Montreal-based Revau announced a transformative strategic partnership with Texas-based managing general agents (MGAs) Brazos Specialty Risk Insurance and Twenty Mile Insurance Services. The transaction significantly broadens Revau’s footprint in the U.S. and positions the combined group as a major player in North America’s specialty insurance market. Brazos, known for specialty trucking insurance, and Twenty Mile, a construction liability specialist, bring strong underwriting capabilities and deep market expertise. Revau, in turn, contributes advanced analytics, robust capital backing, and a cutting-edge digital infrastructure. The integration enables comprehensive data-driven insights, operational efficiencies, and product innovation. The leadership of Brazos and Twenty Mile, including Presidents Tom Spitalny and Christopher Polk, will remain in place and become shareholders in Revau as part of the cash-and-equity deal. The transaction is Revau’s largest since its 2020 partnership with Novacap and marks its eighth strategic acquisition.
Legal counsel to Revau was provided by Fasken Martineau DuMoulin LLP and Willkie Farr & Gallagher LLP. Howden Capital Markets & Advisory advised Brazos and Twenty Mile, with Covington Burling LLP acting as their legal counsel. Though the exact transaction value was not disclosed, the scale and strategic nature of the deal reinforce Revau’s long-term goal of building a leading continental platform.
Parties
Company
Revau
Company
Brazos Specialty Risk Insurance
Company
Twenty Mile Insurance Services
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date