Announced
Completed
Financials
Tags
Acquisition
Insurance Brokers
insurance brokerage
United States
Completed
Private
Friendly
Minority
Single Bidder
Private Equity
Domestic
Synopsis
Century Equity Partners completed an investment in OTPP-backed BroadStreet Partners, a national insurance brokerage. Financial terms were not disclosed. "Opportunity to drive growth through acquisitions using the BroadStreet platform in a large and fragmented market. Sellers retain a significant equity in the business and choose to remain with BroadStreet and build equity in the new business," Century Equity Partners.
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