---
title: "Insurance Journal — Bamboo Insurance postpones its IPO"
url: https://stacklist.com/card/d4205cc0-7753-40b7-9618-9f6aa078de39
source_url: "https://www.insurancejournal.com/news/national/2026/09/23/886476.htm"
stack: https://stacklist.com/c/finance/stack/cd56e1a1-45bb-4978-945b-4a9e71b13b5f
summary: "Bamboo Insurance Services Inc., a home insurance firm controlled by CVC Capital Partners, has postponed its initial public offering citing market conditions. The Midvale, Utah-based company was valued at $1.75 billion and may revive the listing in the future."
tags: "bamboo-insurance, ipo-postponement, homeowners-insurance, market-conditions, private-equity, cvc-capital-partners"
key_entities: "Bamboo Insurance Services Inc. (organization), CVC Capital Partners (organization), White Mountains Insurance Group Ltd. (organization), Holtec Nuclear Corp. (organization), Orion180 Insurance Group Inc. (organization), JPMorgan Chase & Co. (organization), Morgan Stanley (organization), Midvale, Utah (location), initial-public-offering (concept), market-conditions (concept)"
classification: "reference"
content_hash: "sha256:6cdd673b100f6b3b7db5752267cd2cd81575d93d382d1dc8ab7e9bbfe7da7163"
acp_version: "0.2"
token_counts_approximate: 653
visibility: public
agent_accessible: true
status: "final"
---

# Insurance Journal — Bamboo Insurance postpones its IPO

Article 1 Comment Bamboo Insurance Services Inc., a home insurance firm controlled by private equity firm CVC Capital Partners, has postponed its initial public offering, according to people familiar with the matter. The Midvale, Utah-based company cited market conditions for the move, the people said, asking not to be identified as the information isn’t public. The listing could be revived in the future, the people said. Representatives for CVC and Bamboo didn’t immediately respond to requests for comment. Bamboo was founded in 2018 and valued at $1.75 billion when CVC-advised funds purchased a controlling stake in the firm from White Mountains Insurance Group Ltd. last year. The delay is the second in recent days, after Holtec Nuclear Corp. postponed its own IPO, also citing market conditions. US IPOs this year have delivered the highest volume since 2021, with $161.4 billion raised excluding blank-check firms and other financial vehicles, data compiled by Bloomberg show. Performance has been volatile, however, with shares of five of the 10 largest listings this year trading below their respective IPO prices. This year’s offerings have returned a weighted average 13% gain, below the S&P 500 Index’s roughly 15% return. Orion180 Insurance Group Inc., a specialty homeowners and flood insurer, raised $240 million in an IPO last week and remains mired below its listing price. The offering was being led by JPMorgan Chase & Co. and Morgan Stanley. The shares were expected to trade on the New York Stock Exchange under the symbol BMB. Photo: The New York Stock Exchange (NYSE). Photo credit: Michael Nagle/Bloomberg Copyright 2026 Bloomberg. Topics Homeowners Was this article valuable? Yes No Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. Hellman & Friedman Explores Sale of Applied Systems at Up to $10B, Sources Say Gemini Hacked Three Companies in First Known Breakout by Google’s AI State Farm to Increase Claims Workforce by 3,000 Online Insurance Marketplace Insurify Blocks Meta’s Personal AI Agent Muse Written By Bailey Lipschultz More From Author Written By Anthony Hughes More From Author Interested in Homeowners ? Get automatic alerts for this topic. Submit Email This Subscribe to Newsletter Categories: National News Topics: 107720 , Bamboo Insurance , initial public offering (IPO) Have a hot lead? Email us at newsdesk@insurancejournal.com