Announced
Completed
Financials
Sources
Tags
Majority
Outsourced HR and Staffing
Acquisition
Private
Friendly
employee benefits
Private Equity
Single Bidder
United States
Domestic
Completed
Synopsis
Lovell Minnick Partners, a private equity firm focused on investments in financial services, financial technology and related business services, completed the investment in Warner Pacific, an employee benefits-focused General Agency with locations in California, Colorado and Texas. Financial terms were not disclosed. "Warner Pacific has built a strong reputation as a dependable, best-in-class benefits General Agency specializing in medical and ancillary benefits in California, Colorado and Texas. We believe that Warner Pacific has the scale, platform and management team to become a leading national General Agency under the leadership of John and Dave Nelson, and we are excited to help them execute on their M&A strategy," Trevor Rich, Lovell Minnick Partner.
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