Latham & Watkins Advises Boost Insurance Holdings in Equity Investment

Boost Insurance Holdings, Inc., the leading infrastructure platform for MGAs, independent brokers and agents, and emerging digital insurance providers, has announced that it has secured a meaningful equity investment from BHMS Investments, LP, a private investment firm with a specialty in middle market insurance and insurance-related businesses. BHMS joins Boost's core group of strategic stakeholders that includes Markel, RenaissanceRe, and Canopius US Holdings, along with meaningful participation from Boost management. Proceeds will be used to support the Company’s continued MGA program and customer growth, expansion of its suite of complementary technology products and services, as well as select acquisitions.

Latham represented Boost in the investment with a corporate deal team led by New York partner Peyton Worley and Century City partner Brian Duff, with associates Eduard Grigoryan, Daphne Lambadariou, and Emma Mayberry. Advice was also provided on executive compensation, employment, and benefits matters by Boston partner Josh Friedman, with associate Tessa Young; on intellectual property matters by associates Pelin Serpin and Sebastian Moss; on privacy matters by Bay Area partner Robert Blamires, with associate Deborah Hinck; on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson, with associate Jeremiah Cowen; and on regulatory matters by New York partners Alexander Traum and Analisa Dillingham.