Reverence Capital Partners to acquire a majority stake in Sunstar Insurance Group.

Reverence Capital Partners, a New York-based private equity firm focused on financial services businesses, agreed to acquire a majority stake in Sunstar Insurance Group, a Memphis, Tennessee–based independent retail insurance broker. Financial terms were not disclosed. "Casey and his team have built a differentiated and rapidly growing platform thanks to exceptional leadership, a unified and team-oriented culture, and a disciplined approach to M&A. We are thrilled to be partnering with such a high caliber management team and look forward to providing the necessary capital and support to execute on Sunstar's plan of accelerated organic and inorganic growth," Milton Berlinski, Reverence Capital Managing Partner.