New York, NY – BMS Capital Advisory, Inc. (“BMS Capital Advisory”, “Firm”), the broker-dealer arm of leading independent specialist insurance and reinsurance broking group BMS, announces the successful completion of its inaugural M&A transaction.
BMS Capital Advisory acted as the exclusive advisor to Mount Beacon throughout the company’s acquisition by Florida Specialty. In its role as advisor, BMS Capital Advisory acted on behalf of Mount Beacon and its shareholders to secure the successful closure of the deal prior to the US hurricane season.
Together, BMS Capital Advisory and BMS Intermediaries offer clients access to the resources needed to achieve their strategic goals through reinsurance transactions or access to the capital markets.
Romulo Braga, CEO of BMS Capital Advisory, said: “I am very pleased to announce the completion of BMS Capital Advisory’s first M&A transaction, which, along the private placements completed by the Firm to date, represents a key marker in our continued operational development. The BMS group is committed to impartially delivering the most effectively priced capital and integrated advice to our clients, and led by our Florida risk and capital expert, Steve Korducki, this transaction demonstrated our collective ability to provide clients with solutions that best serve their precise business demand.”