Summit Partners

Private Equity And Venture Capital
For Growth Companies

Investments

SeaBright Holdings, Inc.

Seattle, Washington

Industry
  • Business Services
  • Financial Technology & Services
Date Invested
  • 2003
Status
  • Former Portfolio Company
Description

SeaBright Insurance Holdings is a leading underwriter of specialty workers’ compensation insurance for the maritime and alternative dispute resolution markets.

The company completed its initial public offering in 2005 (NASDAQ: SEAB, later listed as NYSE: SBX)). On February 1, 2006, the company announced a secondary public offering. SeaBright was acquired by Enstar Group Limited (NASDAQ: ENGR) in 2013.