ClosedPublished 6 Jan 2026

Skyward Specialty Insurance Group, Inc. /
Apollo

Skyward Specialty Insurance Group completes Apollo purchase

Buy side: Skyward Specialty Insurance Group, Inc.
Buy sideSkyward Specialty Insurance Group, Inc.
Target: Apollo
TargetApollo
Skyward Specialty Insurance Group, Inc. · 6 Jan 2026Source
Buy side: Skyward Specialty Insurance Group, Inc.
Buy sideSkyward Specialty Insurance Group, Inc.
Target: Apollo
TargetApollo
01 / BuyerSkyward Specialty Insurance Group, Inc.
02 / TargetApollo
Source for the buyer and target: Skyward Specialty Insurance Group, Inc.

For the buyer and target.

“As previously announced, on September 2, 2025, Skyward Specialty Insurance Group, Inc. (the “Company”) entered into two share purchase agreements (the "Apollo Majority SPAs") with institutional and management shareholders, respectively, of Apollo Group Holdings Limited ("Apollo") (the "Majority Sellers").”

Published 6 Jan 2026

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01

What happened

Skyward Specialty Insurance Group, Inc. completed its acquisition of Apollo. The transaction covered all of Apollo’s issued and outstanding share capital. [01]

Skyward Specialty Insurance Group, Inc. paid approximately $555.0 million, including $371.0 million in cash and shares of the Company’s common stock. Terms included in the filing. [01]

02

The source

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01
Source · Skyward Specialty Insurance Group, Inc.

Skyward Specialty Insurance Group completes Apollo purchase

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03

Timeline

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  1. Published by Skyward Specialty Insurance Group, Inc.

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Deal Web · 1 firm · 0 peopleHover a name to see how it connects
This dealSkyward Specialty Insurance Group, Inc. / ApolloClosed · Published 6 Jan 2026
TargetApollo
This dealSkyward Specialty Insurance Group, Inc. / Apollo

Closed · Skyward Specialty Insurance Group, Inc. acquired Apollo (Closed, published 6 Jan 2026).

Published 6 Jan 2026
Timeline
  1. Published by Skyward Specialty Insurance Group, Inc.
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Deal Web as a list
  • Apollo (Target) target this deal. Apollo: 4 deals on Carrywatch.