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New Deal


Announced

Completed

Audax Private Equity to invest in Oakbridge Insurance Agency.

Financials

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

Tags

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insurance brokerage

United States

Minority

Private Equity

Friendly

insurance services

Insurance Brokers

Domestic

Private

Acquisition

Pending

Single Bidder

Synopsis

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Audax Private Equity, an alternative investment manager, agreed to invest in Oakbridge Insurance Agency, an independent insurance and risk management agency. Financial terms were not disclosed. “Oakbridge has built a best-in-class insurance brokerage platform, driven by the exceptional level of service offered to clients and the Company’s expertise across numerous specialized offerings and capabilities. As Robbie and the Oakbridge team continue to execute their strategy, we believe there is a compelling opportunity to accelerate growth throughout the Southeast,” Bill Allen, Audax Private Equity Managing Director.

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