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 industri
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TANNER, BALLEW & MALOOF, INC. ANNOUNCES AGREEMENT TO ENTER INTO PARTNERSHIP WITH BRP GROUP, INC.
Baldwin Risk PartnersDecember 16, 2020 GMT
Atlanta, GA, Dec. 16, 2020 (GLOBE NEWSWIRE) Tanner, Ballew & Maloof, Inc. (“TBM”), an Atlanta, Georgia-based provider of commercial P&C insurance to middle market companies and individuals, has agreed to enter into a partnership with Baldwin Krystyn Sherman Partners, LLC (“BKS-Partners”), the middle-market indirect subsidiary of BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), to become part of BRP Group’s middle-market operating group. BRP Group is a rapidly growing independent insurance distribution firm delivering tailored insurance solutions. The Partnership, BRP Group’s nomenclature for a strategic acquisition, is expected to close December 31, 2020, subject to certain closing conditions.
– Strong Track Record of Growth – – Brings BRP Group s Total Annualized Revenues from 2020 Announced Partnerships to $236 Million
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TAMPA, Fla., Dec. 15, 2020 (GLOBE NEWSWIRE) BRP Group, Inc. ( BRP Group or the Company ) (NASDAQ:BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that 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, Georgia-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 December 31, 2020, subject to certain closing conditions, and will significantly bolster BRP Group s presence in the rapidly growing Atlanta market.