.
MergerLinks Header Logo

New Deal


Announced

Completed

Penfund completed a $100m investment in OTPP-backed BroadStreet Partners.

Synopsis

Penfund, a fund management company in Toronto, completed a $100m investment in OTPP-backed BroadStreet Partners, an insurance brokerage holding company headquartered in Columbus, Ohio. "We are delighted to partner with Ontario Teachers’ and support the continued growth of BroadStreet. We believe there is considerable white space remaining for the company to keep executing on its differentiated consolidation strategy while delivering value to insurance carriers and clients," Joe Mattina, Penfund Partner.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US