Announced
Financials
Tags
insurance brokerage
Private
Pending
Acquisition
Domestic
Friendly
Single Bidder
Majority
United States
Insurance Brokers
Private Equity
Synopsis
Integrity Marketing, a distributor of life and health insurance, and provider of wealth management and retirement planning solutions, agreed to acquire PHP Agency, an operator of insurance brokerage and financial services marketing company, from Ambina Partners, a private equity firm. Financial terms were not disclosed. "Patrick Bet-David is the embodiment of the American dream. He has inspired thousands of agents to become entrepreneurs, founders and leaders, all while building an agency that is reshaping the face of insurance. This type of leadership is a rare gift, and we're privileged to have Patrick join us in our mission to innovate the industry," Bryan W. Adams, Integrity Co-Founder and CEO.
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