Skyward Specialty sees double-digit adj oper EPS accretion

Skyward Specialty sees double-digit adj oper EPS accretion

Houston, Sept. 2, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) has announced the acquisition of Apollo Group Holdings Limited (“Apollo”) for a total consideration of $555 million. The deal involves a mix of stock and cash consideration, with employees and strategic investors receiving $184 million in stock and the remaining $371 million in cash, subject to committed debt financing [1].

The acquisition is expected to deliver double-digit adjusted operating EPS (earnings per share) accretion in the first full year post-closing, while adding over $1.5 billion in managed premium. This move further solidifies Skyward Specialty’s position as a leader in U.S. specialty markets [1].

Apollo is a leading U.S. centric specialty underwriting platform operating at Lloyd’s of London. It has grown its gross written premium at a compound annual growth rate of approximately 20% since its formation in 2010. Apollo operates through Syndicate 1969 and Syndicate 1971, which underwrite a multi-class specialty insurance portfolio and deliver innovative platform liability products for the digital and sharing economy, respectively [1].

Skyward Specialty Chairman and CEO Andrew Robinson commented, “We are delighted to reach an agreement to acquire Apollo. Their underwriting leadership and unique market positioning are exceptionally well-matched to Skyward Specialty’s strengths and vision and fit with our strategy to ‘Rule Our Niche.’” [1]

The acquisition is expected to close in the first quarter of 2026, subject to regulatory approvals. Skyward Specialty’s CEO and Apollo’s CEO will hold a conference call for investors on September 3, 2025, at 8:30 AM Eastern Time [1].



Historical data from 2022 to the present reveals that SKWD has demonstrated a strong post-earnings call performance profile. Investors adopting a simple buy-and-hold strategy following SKWD’s earnings announcements have historically seen a 60% win rate over three days, 80% over 10 days, and 80% over 30 days. With a maximum observed return of 9.36% within 30 days of an earnings call, the stock has shown consistent short- to medium-term upside potential, reinforcing its appeal for investors seeking tactical entry points aligned with corporate updates [1].

References:
[1] https://www.globenewswire.com/news-release/2025/09/02/3143202/0/en/Skyward-Specialty-Insurance-Group-to-Acquire-Apollo-Group-Holdings-Limited-Amplifying-Rule-Our-Niche-Strategy.html