Announced
Financials
Tags
Domestic
personal insurance
Acquisition
Full Line Insurance
Private
Pending
Friendly
United States
Majority
Private Equity
Single Bidder
Synopsis
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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