Nassau Financial Group
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Based in Hartford, Connecticut, Nassau Financial Group (NFG) is a diversified financial services firm founded in 2015 and backed by Golden Gate Capital. The company manages a vertically integrated platform consisting of insurance, reinsurance, and asset-management businesses. Business Overview: 1. Insurance & Annuities - Distributed through independent agents and financial advisors, Nassau's products help clients protect savings, generate guaranteed retirement income, and cover healthcare costs. 2. Reinsurance - Offers risk-transfer solutions, particularly for life, annuity, and long-term care liabilities, operating both onshore and offshore to manage long-tail exposure. 3. Asset Management - Through Nassau Asset Management and its sister company, Nassau Global Credit, they oversee insurance-related assets and offer third-party investment strategies across public/private debt, CLOs, real estate, alternatives, and opportunistic credit. Product & Service Line Breakdown: 1. Fixed Indexed Annuities (FIAs) & Multi-Year Guaranteed Annuities (MYGAs)b - - Products like Nassau Bonus Annuity, Bonus Annuity Plus, Growth Annuity, Personal Income Annuity, Personal Protection Choice, MYAnnuity 5X/7X, and Simple Annuity 2. Income-Focused Annuities - Nassau Income Accelerator (launched Jan. 2024): a single-premium FIA with flexible lifetime income options, helping clients delay Social Security for higher payout 3. Life Insurance Products - Term, universal, and whole life coverage via Nassau Life Insurance Company and Nassau Life and Annuity Company 4. Reinsurance Solutions - Protects insurance carriers by reinsuring life, annuity, and long-term care exposures - balancing capital efficiency and risk 5. Asset Management & Specialty Credit - Nassau Asset Management manages internal and third-party capital across debt, real estate, CLOs, securitized, and opportunistic credit. - Nassau Global Credit focuses on securitized/opportunistic credit and total return strategies 6. Retirement Planning & Advisory Tools - Tools for financial professionals, including digital platforms, income planning, and client-facing materials
Keywords
Keywords
Classified
Private