Frontier Risk Group, Inc.
Classification
Private
About
About
Frontier Risk is a U.S.-based insurance company that specializes in providing insurance solutions for the cannabis industry. The company is led by former executives from prominent cannabis firms and aims to address the unique risks faced by operators in the sector. Frontier Risk leverages technology to offer tailored, comprehensive insurance coverage for cannabis-related businesses, positioning itself as the first tech-enabled cannabis insurance brokerage. Product/Service Line Breakdown: Cannabis Insurance Brokerage - Comprehensive insurance solutions specifically tailored to the needs of the cannabis industry, including cultivation, manufacturing, retail, and distribution. Tech-Enabled Risk Solutions - Utilizing technology to streamline the insurance process, making it easier for cannabis operators to access and manage their coverage. Custom Coverage Plans - Personalized insurance policies designed to fit the specific operational risks of cannabis businesses. Risk Consulting Services - Providing guidance and advice to help cannabis companies mitigate risks and ensure compliance with industry regulations. Claims Management - Offering dedicated support for processing claims and navigating the complexities of cannabis insurance regulations.
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
Keywords
Keywords
Classified
Private