Announced
Completed
Financials
Sources
Tags
Acquisition
Private Equity
Majority
Single Bidder
Insurance Brokers
Private
insurance
business insurance
United States
Friendly
Domestic
Completed
Synopsis
Odyssey Investment Partners, a growth-oriented private equity firm with a successful track record in insurance services, completed the acquisition of Strategic Insurance Agency Alliance, an alliance of independent insurance agencies. Financial terms were not disclosed. "We've been exploring our perpetuation options for some time now, with special consideration to the ongoing success of our master agencies and member agencies across the country. This transaction provides for the continued success of our model and all who participate in it," Jim Masiello, SIAA Chairman and Founder.
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