Corsair Capital to acquire a minority stake in Oakbridge Insurance Agency.

Corsair Capital, a private equity firm, agreed to acquire a minority stake in Oakbridge Insurance Agency, an insurance brokerage firm. Financial terms were not disclosed. “Four superb agencies are combining to form Oakbridge and together will be able to deliver a greater range of innovative solutions to meet their clients’ needs. We are excited to support the Oakbridge team as they embark on this journey and capitalize on substantial growth opportunities ahead," Tony Ling, Corsair Capital Principal.