Acquisition · Portfolio-company
Alexander Financial Group
Transaction overview
Status: Announced
Exact closing date not established.
Third Wave Insurance, backed by TPG Growth, announced on July 29, 2026 that it had entered into a definitive agreement to acquire Alexander Financial Group. The business was expected to operate under the Palmer & Cay brand after closing. The source does not report completion or an exact closing day.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Third Wave Insurance Expands Into Gulf Coast Region with Acquisition of Five Insurance and Advisory Businesses ↗
TPG · Published Jul 29, 2026
Third Wave Insurance, backed by TPG Growth, announced on July 29, 2026 that it had entered into a definitive agreement to acquire Alexander Financial Group. The business was expected to operate under the Palmer & Cay brand after closing. The source does not report completion or an exact closing day.