First Connect ~$60mn sale allows Hippo to focus on core business: CEO
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First Connect ~$60mn sale allows Hippo to focus on core business: CEO

Following the closing of the deal, Aviad Pinkovezky will be named First Connect CEO.

By Jairo Ibarra
November 08, 2024
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Deal Acquisition M&A handshake.jpg

Hippo’s sale of a majority stake in its independent agent platform First Connect for around $60mn to Centana Growth Partners will allow the InsurTech to focus on its core business, CEO Rick McCathron said.

“[The

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