Abry Partners Announces Acquisition of High Street Insurance Partners From Huron Capital
Transaction Completed after 13-Month Relationship Developed with Management
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BOSTON, April 16, 2021 /PRNewswire/ Abry Partners ( Abry ), a leading Boston-based private equity firm, announced today the acquisition of High Street Insurance Partners (HSIP), a full-service insurance brokerage, from Huron Capital ( Huron ), a leading lower middle-market private equity platform. HSIP management and agency partners will maintain large stakes in the company and Huron will maintain a minority interest in HSIP.
Founded in 2018, High Street Insurance Partners provides a broad array of business insurance & risk management; employee benefits & human capital management; financial & retirement services; and personal insurance solutions. HSIP is headquartered in Traverse City, MI.
Abry Partners Acquires Michigan’s High Street Insurance Partners April 16, 2021
Abry is acquiring HSIP from Huron Capital (Huron), a Detroit-based lower middle-market private equity platform.
HSIP management and agency partners will maintain large stakes in the company and Huron will maintain a minority interest in HSIP.
Founded in 2018 by Scott Wick, who serves as CEO, High Street Insurance Partners provides a broad array of business insurance and risk management, employee benefits and human capital management, financial and retirement services, and personal insurance products and services.
HSIP employs more than 500 insurance coverage specialists and consultants in offices based in Colorado, Connecticut, Iowa, Maryland, Michigan, New York, Oregon and Pennsylvania.
Abry Acquires High Street Insurance Partners
Abry Partners, a leading Boston-based private equity firm, announced today the acquisition of
High Street Insurance Partners, a full-service insurance brokerage, from
Huron Capital, a lower middle-market private equity platform. HSIP management and agency partners will maintain large stakes in the company and Huron will maintain a minority interest in HSIP.
Scott Wick, founder and CEO of HSIP, said, “We have rapidly grown the company and successfully integrated 24 community-focused agencies since forming HSIP two and a half years ago. We have built a strong relationship with Nate and Brent at Abry over the past 13 months and believe they are the ideal partner for us. Abry will bring additional resources and valuable industry expertise as we continue to pursue add-on acquisitions as part of our strategy to accelerate growth. We thank Huron for our collaboration over the past three years and look forward to our new partner
DBusiness Magazine
High Street Insurance Partners Announces Three Acquisitions
Detroit-based Huron Capital Partners has announced its full-service insurance brokerage platform, High Street Insurance Partners in Traverse City, has acquired Hartzell Insurance Associates in Pennsylvania and NYAB Insurance and Perry and Carroll Insurance, both in New York.
High Street Insurance Partners has acquired Hartzell Insurance Associates in Pennsylvania and NYAB Insurance and Perry and Carroll Insurance, both in New York. // Stock photo
Detroit-based Huron Capital Partners has announced its full-service insurance brokerage platform, High Street Insurance Partners in Traverse City, has acquired Hartzell Insurance Associates in Pennsylvania and NYAB Insurance and Perry and Carroll Insurance, both in New York.
Huron Capital s High Street Insurance Partners Expands Northeast Presence with Three Acquisitions
Acquisitions in New York and Pennsylvania Bolster Geographic Footprint and Transportation Specialty
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DETROIT, April 12, 2021 /PRNewswire/ Huron Capital Partners LLC ( Huron Capital ), a leading lower middle-market private equity platform, announced today that its full-service insurance brokerage platform, High Street Insurance Partners ( HSIP ), has acquired Hartzell Insurance Associates ( Hartzell Insurance ), NYAB Insurance ( NYAB ), and Perry & Carroll Insurance ( Perry & Carroll ).
HSIP, formed in August 2018 by Huron Capital to build a full-service insurance brokerage business, has now completed 24 acquisitions since its formation and continues to pursue add-on acquisitions in the insurance agency market.