GrowthCurve Capital acquisition of Brightway Insurance
Davis Polk advised GrowthCurve Capital in connection with its acquisition of a controlling interest in Brightway Insurance, Inc. and certain of its affiliates (“Brightway Insurance”) and the related financing for the transaction. Financial terms of the transaction were not disclosed.
GrowthCurve Capital is a private equity firm focused on building world-class businesses by leveraging data, analytics and machine learning, combined with a comprehensive approach to human capital, to accelerate growth and drive value creation. Brightway Insurance is an insurance franchisor with more than 300 franchise locations in 28 states. Brightway Insurance is one of the largest personal lines insurance agencies in the country.
The Davis Polk M&A team included partner John D. Amorosi and associates Molly I. Manning and Dylan Major. The finance team included partner Hilary Dengel, counsel Welton E. Blount and associate Jenny Dai. The tax team included partner Ethan R. Goldman and associate Yixuan Long. Partner Adam Kaminsky provided executive compensation advice. Counsel Bonnie Chen provided intellectual property advice. Members of the Davis Polk team are based in the New York and Washington DC offices.