London-listed R&Q has raised $100M in fresh equity as it expects the Covid-19 crisis to create “considerable future opportunity” for the group’s legacy acquisitions and program underwriting services, the company announced this morning. Backing the issue – the equivalent of 27 percent of the group’s £300M market cap prior to the placing – is existing...
Global Sports Rights Management (GSRM) is poised to secure the international broadcast rights to Brazilian football’s top two leagues after being chosen by the nominated clubs commission. The clubs met via video conference on Friday afternoon to vote for their preferred proposal gave their backing to GSRM. The Brazilian Football Confederation (CBF) and the National...
Brickell Insurance Holdings, an affiliate of 777 Partners, a Miami based investment firm, has acquired Merit Life Insurance Co., a Texas domiciled insurance company, from OneMain Holdings. Terms of the transaction are not being disclosed. Under new leadership, Merit will deliver innovative products to the pre-retirement and retirement markets. Merit’s first product will be an...
Fanatiz, a high value sports streaming platform, has closed a $10 million Series A funding round with 777 Partners, a Miami-based private investment firm with interests that span several high growth industries. Led by Fanatiz founder & CEO, Matías Rivera, today’s announcement comes on the heels of numerous accomplishments, including the company’s 125% increase in...
777 Partners is excited to announce its investment in Synchrono Group, a new insurance technology platform led by Steve Hartman, the former CEO of Falls Lake Insurance Company and its subsidiaries. Synchrono’s platform leverages artificial intelligence and predictive analytics to deliver state-of-the-art digital underwriting, claims audit and professional services to property & casualty insurance and...
777 Partners is proud to announce the hiring of a new team of ten developers, led by new Chief Information Officer, Matt Ghourdjian. This addition will strengthen 777 Partners’ technology offerings, and allow its portfolio companies to develop best-in-class technologies and platforms. About Matt Ghourdjian A former Arthur Andersen Consulting and KPMG Consulting Partner, Matt...
LifeCents, a financial wellness company, today announced their partnership with The Standard, a leading provider of insurance and financial services, to engage their employees and improve their overall financial health and well-being. The Standard’s employees will have access to the LifeCents financial wellness app in advance of the company’s open enrollment period for employee benefits....
Speed Leasing Company appointed Gary Silverhardt as its new CEO, effective immediately. Mr. Silverhardt also currently serves as president of 777 Equipment Finance, a member of the 777 Partners family of companies. For more information, please read the full press release: https://www.motorcyclepowersportsnews.com/speed-leasing-announces-new-chief-executive-officer/
The Lumiere Group, a wholly-owned subsidiary of 777 Partners and 600 Partners, acquired 81.8 million shares of Film Finances, Inc. (“FFI”), representing 51.8% of FFI’s total shares, and together with the Concert Party Group delisted FFI on August 27, 2019. For more information: Visit article
HAMILTON, Bermuda–(BUSINESS WIRE)–777 Re Ltd (“777 Re”), a newly formed Bermuda-based reinsurance company, has announced the completion of a $307 million annuity block reinsurance transaction with a US-based insurance company. About 777 Re 777 Re was founded in 2019 with capital led by 777 Partners. Headquartered in Hamilton, Bermuda, 777 Re acquires both active and...
