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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 News provided by Share this article Share this article 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 ....