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Announced

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J.C. Flowers completed the investment in Tricor Insurance.

Synopsis

J.C. Flowers, a private investment firm dedicated to investing globally in the financial services industry, completed the investment in Tricor Insurance, a nationwide business insurance, employee benefits, personal insurance, and individual life and health independent insurance agency. Financial terms were not disclosed. "We have always invested in our talent and technology, alongside sound acquisitions, and our next focus is on growth acceleration. It is the perfect time to bring in an investment partner like J.C. Flowers that can help us accelerate our growth and fits well within our culture. By pairing the diverse skills of J.C. Flowers alongside TRICOR management's industry expertise, we know we will achieve our mission of being the employer of choice, as well as the insurance agency of choice, throughout the upper Midwest," Dave Fritz, Tricor CEO/President.

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