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Fortegra launched a sale process months ago with Barclays and BofA advising.
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The move will enable Hadron to deliver more admitted insurance solutions to clients and policyholders.
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The Floridian company applied to be traded on the NYSE.
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ISA is part of Ryan Specialty National Programs, which launched last month.
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Rouse was promoted to co-global placement leader last October.
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Sources said the Ethos-led group will take roughly a 40% stake.
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The two internal hires have been with BHSI for around five years.
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Alex Amezquita will fill Cahill’s previous position as CFO.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive has spent over 20 years at Chubb.
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Live since May 2023, the reinsurer has over 40 trading relationships currently.