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New Deal


Announced

Abry Partners to acquire High Street Insurance Partners from Huron Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

personal insurance

Acquisition

Full Line Insurance

Private

Pending

Friendly

United States

Majority

Private Equity

Single Bidder

Synopsis

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Abry Partners, a Boston-based private equity firm, agreed to acquire High Street Insurance Partners, a full-service insurance brokerage, from private equity firm Huron Capital. Financial terms were not disclosed. "HSIP's close-knit community market strategy, successful M&A track record and purpose built platform all led by a proven and experienced management team makes High Street a uniquely positioned player in the insurance distribution landscape. This investment is consistent with our demonstrated strategy within the insurance distribution space and we look forward to helping the team accelerate their vision of building a best-in-class and differentiated company in the sector," Nathan Ott, Abry Partner.

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