Vanbridge Holdings LLC Acquires Dowling Hales and Hales Securities

Jan 05, 2016, 08:30 ET from Vanbridge Holdings LLC

NEW YORK, Jan. 5, 2016 /PRNewswire/ -- Vanbridge Holdings LLC, an insurance intermediary, capital advisory and insurance and reinsurance management firm, announced today the acquisition of Dowling Hales, LLC, one of the oldest and most experienced advisory firms, together with its broker-dealer affiliate, Hales Securities, LLC, a member of FINRA/SIPC. 

The acquisition brings Dowling Hales and Hales Securities under the Vanbridge umbrella of companies and represents the strength of their strategic vision to bring all of the services related to insurance, reinsurance and the capital markets into a single organization focused on creating bespoke solutions for the alternative asset management industry.

Dowling Hales is one of the oldest and most experienced advisory firms focused exclusively on the insurance industry. Over the last 40 years, they have developed a consistent reputation as the "advisor of choice", offering best-in-class advisory services and transaction execution to the insurance distribution sector.  In addition, Dowling Hales' broker-dealer, Hales Securities, LLC executes all securities related transactions.

"Dowling Hales has maintained a great reputation of service and performance for our clients," said John J. Kraska, President of Dowling Hales.  "I am very proud of the company we have built and believe joining Vanbridge is the ideal path forward.  Vanbridge has an outstanding group of clients and industry partners and the move will bring us even closer to the alternative asset management community in addition to bringing in new sources of deal flow," Kraska continued.

"We are thrilled to welcome Dowling Hales to our collaborative organization," Philip V. Moyles, Jr., Vanbridge's Managing Principal and CEO, stated. "This is an exciting acquisition intended to allow us to continue to leverage the best-in-class solutions Vanbridge has assembled.  Dowling Hales has developed a compelling offering that streamlines the complexities required to execute transactions for its clients. We carefully consider every decision based on the best interests of our clients and partners and bringing in Dowling Hales clearly allows us to achieve the broad capabilities our clients require. Vanbridge is setting the pace for the industry and we've made this acquisition to ensure we continue to provide a broad-spectrum, full-service market solution to the alternative asset management community." 

The transaction closed January 1, 2016 and terms were not disclosed.

About Vanbridge

Vanbridge is an insurance intermediary, capital advisory and insurance and reinsurance management firm that provides products and services at the intersection of the (re)insurance, private equity and hedge fund industries. Examples include insurance and employee-executive benefit programs tailored to the needs of private equity funds and their portfolio companies; transaction solutions; origination and management of (re) insurance-related principal opportunities for investors; and (re) insurance-related advisory and product development services. Clients include private equity firms, hedge funds, insurers, reinsurers and banks.

About Dowling Hales

Dowling Hales is an advisory firm that assists insurance agents, brokers and insurance companies in M&A and capital raising activities. Its affiliate, Hales Securities, LLC, is a registered broker-dealer.  Dowling Hales offers a range of advisory services, including traditional M&A (sell-side and buy-side) advice, due diligence services, valuations for perpetuation and estate planning purposes and strategic consulting. Dowling Hales' broker-dealer, Hales Securities, LLC, executes all securities-related transactions including issuing fairness opinions and offering private placements of equity and subordinated debt securities for its middle-market insurance clients nationwide.


SOURCE Vanbridge Holdings LLC