Skyward Finalizes $555 Million Apollo Group Acquisition in Bold Expansion Move

A game-changing deal worth half a billion dollars reshapes Skyward’s future. What’s next after this bold acquisition?

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2026 January 3 . 5:40 AM

1 min read

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Skyward Finalizes $555 Million Apollo Group Acquisition in Bold Expansion Move

Skyward Specialty Insurance has finalised its purchase of the Apollo Group in a major strategic deal. The acquisition, completed on Friday, was valued at $555 million under the original terms agreed by both companies. This move marks a significant expansion of Skyward’s insurance portfolio.

The transaction officially closed on January 2, 2026, after meeting all regulatory and financial requirements. Skyward confirmed the deal remained unchanged from its initial agreement, maintaining the $555 million price tag. While the acquisition broadens the firm’s offerings, the company has yet to outline its precise long-term strategy for integrating the Apollo Group.

The completed purchase adds new capabilities to Skyward’s existing operations. The $555 million investment reflects the firm’s commitment to growth, though specific next steps will be announced in due course. For now, the deal stands as one of the company’s largest recent expansions.