BKS-Partners to Acquire Assets of Tanner, Ballew & Maloof of Atlanta
December 29, 2020
Baldwin Krystyn Sherman Partners, LLC (BKS-Partners), the middle-market indirect subsidiary of BRP Group, has entered into an agreement to acquire substantially all assets of Tanner, Ballew & Maloof, Inc. (TBM), an Atlanta, Ga.-based provider of commercial P&C insurance to middle market companies and individuals.
The partnership, BRP Group’s nomenclature for a strategic acquisition, is expected to close Dec. 31, 2020, subject to certain closing conditions, and will significantly bolster BRP Group’s presence in the Atlanta market.
TBM specializes in commercial insurance and has a 28-year history. TBM’s industry specialization is in the multi-family real estate industry, while also providing insurance and risk expertise to the broader middle market, including the technology, real estate, hospitality, private equity, manufacturing and distribution industries.