FT Partners Advises Goji on its Sale to Seeman Holtz Property & Casualty
Overview of Transaction
- On November 13, 2018, Goji announced it has been acquired by Seeman Holtz Property & Casualty (“SHPC”)
- Headquartered in Boston, MA, Goji operates an online analytics and data-driven distribution platform for personal lines of insurance that matches clients with the right coverage at the best prices, through an integrated network of national insurance carriers
- Goji is a licensed insurance agency in 41 states that writes policies for clients on behalf of insurance carriers
- SHPC will integrate Goji’s technology platform throughout its divisions and verticals to optimize operational efficiency, better address clients needs and increase production
- This acquisition marks SHPC’s 50th acquisition
Significance of Transaction
- Through the acquisition, Goji's clients will gain access to the 400+ carrier relationships and the 50 state agent licenses of SHPC
- SHPC will continue to expand its access to more digital marketing channels and partnerships, further enhancing its online digital marketing and customer acquisition capabilities
FT Partners' Role
- FT Partners served as exclusive strategic and financial advisor to Goji
- FT Partners previously advised Goji on its $15 million financing in November 2017
- This transaction highlights FT Partners’ strong expertise across the InsurTech landscape