Financial services

Altamont Capital-backed Accelerant buys ARU

Accelerant, which is backed by Altamont Capital Partners, has acquired Winston-Salem, North Carolina-based Agribusiness Risk Underwriters, a provider of poultry farm insurance product development, underwriting, and loss control.

PE-backed Hub International buys Global Credit Risk Management

Hub International has acquired Global Credit Risk Management, a Calgary-based provider of accounts receivable and political risk insurance.

Apex to acquire BRL Trust

Apex is planning on acquiring BRL Trust, a Brazilian independent fund administrator.

Hub International acquires Salvatore Insurance Brokers

Hub International has acquired Salvatore Insurance Brokers, a Sackville, Nova Scotia-based commercial insurance provider specializing in the transportation industry.

PE-backed Propel Insurance buys South Risk Management

Propel Insurance, which is backed by Flexpoint Ford, has acquired South Carolina-based South Risk Management, a construction-focused insurance consulting firm.

Intact Financial, Tryg complete acquisition of Britain's RSA

Intact Financial Corp and Tryg have closed their acquisition of UK-based insurance company RSA Insurance Group.

Raymond James Financial to acquire secondaries adviser Cebile Capital

Cebile will continue to be led by founder Sunaina Sinha Haldea.

Raymond James hires Blake Otté for financial sponsors investment banking group

Otté was previously the co-head of sponsor coverage for Stout Risius Ross Advisors, where she led a team that executed transactions across a number of sectors.