For Immediate Release
August 8, 2024
NEW YORK, NY – Stonybrook Capital & Risk Management (“Stonybrook”) is pleased to announce that New York-based Marble, Inc (“Marble”), a virtual insurance wallet company, has been acquired by The Zebra, an Insurance Comparison site company. The acquisition will allow The Zebra to expand its consumer offerings, including policy uploading and management, a virtual insurance wallet and “automated shopping.”
Stonybrook Capital, LLC served as the Company’s Exclusive Financial Advisor in connection with the acquisition.
Stuart Winchester, CEO and Founder of Marble, who will serve in a VP role at The Zebra commented:
“I am so proud of the innovative product the Marble team has built over the last four years. Today’s announcement represents both a great accomplishment and a huge new opportunity. With over a decade of proven success and dedication to American insurance shoppers, we knew basically right away that with The Zebra, our team will continue to make a big impact.”
Justin Roman, Vice President of Stonybrook Capital, commented:
“It was a pleasure working with Stuart and the Marble Team and we wish them success in their next stage of growth alongside The Zebra.“
Please see a case study of the transaction here
About Stonybrook Capital & Risk Management
Stonybrook is a global investment banking and reinsurance broking firm, headquartered in New York City, that focuses exclusively on the insurance and reinsurance industry. The Firm was founded in 2012 and was ranked #2 behind Goldman Sachs in the S&P advisory league tables for 2022.
Corporate contact:
Kendel Bell
[email protected]
Securities transactions are executed through Weild & Co., member FINRA | SIPC