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May 14, 2025

Willkie represented Revau Advanced Underwriting Inc., a leading Canadian managing general agent (MGA) specializing in property and casualty insurance, in its strategic partnership with Brazos Specialty Risk Insurance and Twenty Mile Insurance Services, two independent, Texas-based MGAs. 

On May 12, Revau, a portfolio company of Novacap, announced its merger with Brazos, a provider of specialty trucking insurance, and Twenty Mile, a specialist in construction-focused liability solutions. The transaction significantly expands Revau’s presence and operational capabilities in the United States, firmly positioning the combined company as a leading player in the specialty-insurance market across North America.

Novacap is a leading North American private equity investor and one of Canada’s most experienced private equity firms.

The Willkie deal team was led by partners Russell Leaf, Jared Fertman and Samir Patel, and included associate Chelsea Zheng.  Partner Jason Pearl and associate Josefina Ayala Wilkins provided finance counsel, and partner David Heales provided insurance regulatory counsel.