Frontier Risk Group, Inc.

Norwalk, Connecticut

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

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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