High Street Insurance Partners Acquires Paladin, Richardi-Demola Insurance Agencies May 14, 2021
High Street Insurance Partners (HSIP), a full-service insurance brokerage platform, has acquired New Jersey-based Paladin Insurance Agency and Richardi-Demola Insurance Agency (RD). Terms of the transaction were not disclosed.
Both firms specialize in business and personal Insurance solutions. President Tom Geraghty will continue to run both firms and will now report to Scott Goodreau, managing partner and chief operating officer at HSIP. The acquisition expands HSIP’s presence in the Northeast and is the first partner in New Jersey.
Helfer & Associates served as advisor to Paladin.
High Street Insurance Partners (HSIP) is a full-service independent insurance brokerage firm. Founded in 2018, the Traverse City, Michigan-based company provides business insurance and risk management, employee benefits and human capital management, financial and reti
High Street Insurance Partners Acquires Two New Jersey Firms
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TRAVERSE CITY, Mich., May 13, 2021 /PRNewswire/ High Street Insurance Partners (HSIP), a full-service insurance brokerage platform, announced today that it has acquired New Jersey-based Paladin Insurance Agency (Paladin) and Richardi-Demola Insurance Agency (RD). Terms of the transaction were not disclosed.
Both firms specialize in business and personal Insurance solutions. Tom Geraghty, Agency President, will continue to run both firms and will now report to Scott Goodreau, Managing Partner & COO at HSIP. The acquisition expands HSIP s presence in the Northeast and is the first partner in New Jersey.
DBusiness Magazine
High Street Insurance Partners Acquired from Huron Capital
High Street Insurance Partners, a Traverse City-based full-service insurance brokerage and a portfolio company of Detroit’s Huron Capital, a lower middle-market private equity platform, has been acquired by Abry Partners, a Boston-based private equity firm. Terms of the deal were not disclosed.
High Street Insurance Partners, a portfolio insurance company of Detroit’s Huron Capital, has been acquired by Abry Partners in Boston. // Stock photo
High Street Insurance Partners, a Traverse City-based full-service insurance brokerage and a portfolio company of Detroit’s Huron Capital, a lower middle-market private equity platform, has been acquired by Abry Partners, a Boston-based private equity firm. Terms of the deal were not disclosed.
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.
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.