Twenty Mile Insurance Services, Inc.
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Twenty Mile Insurance Services, Inc. - overview
Location
Southlake, TX, US
Primary Industry
Insurance
About
Twenty Mile Insurance Services, Inc. is a US-based company specializing in commercial general liability insurance, primarily for the construction sector, emphasizing tailored underwriting solutions through strategic partnerships with brokers. Twenty Mile Insurance Services, Inc. provides targeted insurance solutions for the construction industry.
Founded with a focus on the specific needs of contractors, the company has maintained operational integrity and expertise in this niche market. Its headquarters are located in the US, and the firm has executed 1 deal, with the most recent deal occurring on May 12, 2025, when it was acquired by Revau, a portfolio company of Novacap. Financial terms of the acquisition were not disclosed. Twenty Mile Insurance Services, Inc.
specializes in providing primary commercial general liability insurance, primarily targeting the construction sector. The company operates as a program manager, collaborating with select surplus lines brokers to underwrite insurance solutions for both commercial and residential contractors. Their client base predominantly includes construction firms generating receipts under USD 25 mn, positioning them as a key player in this specialized market. The services offered encompass a range of comprehensive coverage forms tailored to address the specific needs of contractors, ensuring robust protection against various operational risks.
Geographically, these products are available across the United States, reflecting the company's commitment to serving a national clientele while maintaining strong partnerships with brokers established over two decades. The revenue structure of Twenty Mile Insurance Services, Inc. is driven by the underwriting of commercial insurance policies, primarily facilitated through B2B transactions with brokers and contractors in the construction industry. Clients typically engage with the company to secure liability coverage, which is structured around individual policy agreements that outline coverage limits and terms.
Transactions are executed through direct partnerships where brokers play a crucial role in connecting contractors with the firm's insurance products. The pricing model is designed to accommodate various contractor needs, with premiums reflecting the specific risks associated with individual projects. While exact pricing details for specific offerings are not disclosed, the company's competitive advantages, including partnerships with A-rated carriers, enhance the value proposition for clients seeking reliable insurance solutions. In May 2025, Twenty Mile Insurance Services, Inc.
was acquired by Revau, enabling significant expansion of Revau’s operational capabilities and presence in the United States. With this acquisition, plans are underway to enhance product offerings and potentially launch new insurance products tailored to emerging risks in the construction sector. The firm aims to expand its market presence across additional geographic regions in the US to better serve a wider range of clients and contractors. The recent acquisition funding will support these initiatives, allowing for increased operational capacity and the development of new insurance solutions that align with industry demands.
Current Investors
Revau
Primary Industry
Insurance
Sub Industries
Financial Services, Commercial Insurance, Insurance Intermediaries
Website
www.twentymileins.com/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Twenty Mile Insurance Services, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Twenty Mile Insurance Services, Inc. | - |
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